Actuarial Intern

About the role

Join our Global Risk Management Group, where you’ll play a key role in safeguarding the company, ensuring we deliver on our commitments to customers and stakeholders, and driving responsible growth. As part of our team, you’ll identify, monitor, and mitigate both financial and non-financial risks across the organization. Leverage your expertise as the second line of defense to advise our business on effective risk management strategies. This means challenging ideas, implementing robust controls, and enforcing guardrails to foster responsible business growth. Join us in advancing MetLife’s legacy of trust through exemplary risk management practices.

The Opportunity

The Actuarial Internship Program (AIP) provides a unique opportunity to gain exposure to the actuarial profession while exploring the diverse ways actuaries contribute to business strategy and financial decision-making. Through a structured 10-week experience, interns develop a broader understanding of key areas of actuarial practice, industry trends, and the evolving landscape of insurance and risk management. The program also highlights the impact of innovation, analytics, and emerging technologies, including artificial intelligence, on the future of actuarial work. Guided by MetLife's purpose—Always with you, building a more confident future—and our New Frontier strategy focused on growth, attractive returns, and all-weather performance, interns leave the AIP with enhanced technical skills and a stronger professional foundation to support their future actuarial career development.

Key Responsibilities

• Contribute to meaningful actuarial projects in areas that may include pricing and product development, reserve calculations, actuarial modeling, financial analysis, asset liability management, or investments.
• Collaborate with experienced actuaries across different areas of actuarial practice.
• Attend learning presentations led by subject matter experts on key actuarial topics and functions.
• Prepare and present completed projects and business contributions to actuarial leaders and stakeholders.
• Participate in professional development opportunities, networking events, and social activities throughout the summer.

Required Qualifications

• Currently enrolled in a bachelor’s degree program at an accredited college or university pursuing a degree in actuarial science or a quantitative, technical, business, or similar field of study relevant to actuarial practice.
• Cumulative GPA of 3.0 or higher.
• Strong Excel skills with experience using pivot tables, advanced formulas, data validation, lookup functions, and data analysis techniques.
• Strong mathematical, analytical, and problem-solving skills, with the ability to analyze data and translate findings into actionable business insights.
• Leadership experience, strong written and verbal communication skills, and a record of self-motivation and initiative.
• Interest in learning and adapting programming languages, data analysis tools, and/or emerging technologies.

Preferred Qualifications

• Currently enrolled in a master’s degree program at an accredited college or university.
• Successful completion of one or more Society of Actuaries (SOA) exams.
• Experience with Python, R, SQL, SAS, VBA or similar programming languages.
• Familiarity with AI and emerging technologies, including the ability to leverage AI tools to enhance analytical work, research, data analysis, and business decision-making.
• Interest in pursuing an actuarial career as demonstrated through understanding of the profession, career preparation activities, exam achievements, relevant coursework, extracurricular involvement, internships, networking, and long-term career goals.

Location Expectation

This is a hybrid role requiring a minimum of 3 days per week in office.

Pay

The expected salary range for this position is $28.00–$35.00 per hour.