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Life Actuary Intern - Summer 2027

Part-time

Indiana Farm Bureau Insurance

Indianapolis, INPart-timeSeen 4 days agoSeen in employer's feed 3 days ago

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At a glance

Compensation
No compensation found
Location
Indianapolis, IN
Role Type
Internship
Schedule
Part-time
Work Authorization
Not specified

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Job overview

As a Life Actuary Intern you will gain knowledge of life insurance products, work with actuarial modeling software, compile and analyze data, develop controls and trend analyses, support reinsurance strategy, prepare reports and presentations, document methodologies, and collaborate with team members while developing actuarial expertise.

Skills & qualifications

RequiredNice to have

Skills

Microsoft ExcelStrong Written and Verbal CommunicationAnalytical and Problem SolvingResearch and DocumentationCuriosityWillingness to Take on New ChallengesStrong Attention to DetailProfessionalism and Business AcumenCollaborative MindsetActuarial Methodologies

Qualifications

High School or BetterSociety of Actuaries Exam Completion

Full job description

Description

What You'll Gain Experience In

As a Life Actuary Intern, you may:

  • Gain knowledge of life insurance products, including term life, whole life, interest-sensitive life insurance, fixed annuities, and payout annuities.

  • Work with actuarial modeling software to update assumptions, run scenarios, and validate model results.

  • Compile and analyze data for mortality, lapse, and new business distribution experience studies.

  • Develop controls and trend analyses to support pricing, valuation, and financial planning activities.

  • Support the company's reinsurance strategy by monitoring results, researching treaties, and compiling key data.

  • Prepare reports, charts, graphs, and presentations that communicate analytical findings and recommendations.

  • Document methodologies, assumptions, and results to support actuarial processes and reporting.

  • Develop an understanding of actuarial methodologies and their application within the insurance industry.

  • Collaborate with team members and effectively communicate information, suggestions, and recommendations.

Qualifications

Preferred Education

Pursuing a bachelor's degree in:

  • Actuarial Science, Mathematics, Statistics, Data Science, Finance, or a related quantitative field

Preferred Skills

  • Experience using Microsoft Excel.

  • Strong written and verbal communication skills.

  • Successful completion of at least one Society of Actuaries (SOA) exam preferred.

  • Demonstrated analytical and problem-solving abilities.

  • Ability to conduct research and maintain detailed documentation.

Desired Characteristics

Successful candidates will demonstrate:

  • Curiosity and a desire to learn.

  • Willingness to take on new challenges.

  • Strong attention to detail and analytical thinking.

  • Professionalism and strong business acumen.

  • The ability to apply actuarial and business concepts learned in the classroom to real-world opportunities.

  • A collaborative mindset and effective communication skills.

Join our team and gain hands-on actuarial experience while working alongside industry professionals who will help you develop the technical, analytical, and business skills needed for a successful actuarial career.

#HO #IN #LI-LL1

Qualifications

Education

Required

  • High School or better

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Job Category: Individual Contributor

Job Type: Part-Time

225 S East St

Indianapolis, IN, USA, 46202

ReqID: LIFEA005769

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