Actuarial Intern

About the role

WoodmenLife is looking for an Actuarial Intern to assist with a variety of actuarial functions, providing support to help the Actuarial division meet daily objectives. This 10-week Summer Internship Program offers exposure to planning, execution, and evaluation stages of work projects, providing real-world experience in the insurance industry and Actuarial field. The program fosters a dynamic and innovative work environment, integrating interns who bring fresh perspectives and contribute to value-added work while enhancing the talent pipeline.

As a not-for-profit life insurance company with over 130 years of service, WoodmenLife helps protect the financial future of families and makes a difference in communities across America.

Responsibilities

• Performs work related to life insurance and annuity Product Development, Inforce Management, or Valuation, as assigned by management.
• Gains broad exposure to the WoodmenLife organization by meeting weekly with the Internship Cohort, collectively with Executive Leadership, and one-on-one with leaders at the division level.
• Summarizes and presents a capstone presentation of the internship experience, including project accomplishments, skill development, and key learnings.

Project Description

Projects are sourced across the Product Development, Inforce Management, and Valuation Teams and will be solidified closer to the internship. Past projects have included illustration support, process improvements, PAS conversion support, data warehouse support, migration and enhancement of extracts and code, and competitive analysis.

Requirements

• Rising Sophomore, Junior, or Senior in college with a major in Actuarial Science.
• Working toward ASA certification, with at least one SOA exam completed.
• Minimum 3.0 GPA.
• Ability to work 38.75 hours per week.
• Proficient computer skills, including knowledge of Microsoft Office and experience with spreadsheet, database, and word processing software.
• Exposure to programming solutions, such as Python, R, VB, SQL, or comparable language.
• Demonstrates seamless, trustworthy, attentive, and resourceful (S.T.A.R.) customer service.
• Passion for making an impact in local communities.

Skills

• Accountability: Takes ownership of decisions and responsibilities, follows through on commitments, prioritizes tasks effectively, and builds trust through reliability, integrity, and problem resolution.
• Communication: Clearly and promptly shares information with others, actively listens for understanding, and delivers concise verbal and written communication to internal and external stakeholders.
• Innovation: Generates and shares creative ideas that improve processes and add value. Demonstrates open-mindedness, resourcefulness, and a willingness to explore new approaches.

Benefits

WoodmenLife offers a competitive compensation package and a comprehensive benefits package, including health, dental, vision, 401K, and life insurance. More information about benefits can be found at WoodmenLife Benefits.