Jobs · Vermont

Actuarial Intern - Milliman Property and Casualty Practices - Summer 2027 - remote, hybrid, or onsite

Milliman · South Burlington, VT · 1 wk ago
Hybrid$21–$46/hrFull-time

About the Role

Milliman’s Property & Casualty practices welcome motivated students to join us as Actuarial Interns for Summer 2027. Over 10–12 weeks, you’ll learn about the work we do by assisting with pricing and reserving analyses for our clients across various insurance products: personal and commercial auto, homeowners, mortgage, workers compensation, general liability, medical liability, and more.

All of our internships offer hands-on experience with real actuarial projects, networking and collaboration with experts, and professional skill development.

Responsibilities

  • Work closely with project teams on data analyses, create portions of client deliverables, and perform technical review (“checking”).
  • Develop professional skills such as communication, task management, and presenting.
  • Collaborate with colleagues at all levels, including senior consultants and principals.
  • Receive mentorship and actionable feedback to support your career development.
  • Participate in meetings, training sessions, and social events designed for our interns.
  • Build strong technical skills in Excel, R, Python, SQL, VBA, PowerBI, and other tools.

Requirements

  • Currently pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field, with at least one semester of school remaining.
  • At least one actuarial exam passed at the time of application.
  • Proficiency with MS Excel and other MS Office tools.
  • Experience with programming or statistical tools (R, Python, SAS, VBA) is a plus.
  • Legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future (including international students).

Qualifications

  • Strong critical thinking and analytical skills.
  • Excellent communication skills, both written and verbal, with close attention to detail.
  • Ability to work collaboratively on multiple teams simultaneously in a fast-paced environment.
  • Ability and willingness to clearly articulate questions and ideas.
  • Demonstrated professionalism, integrity, and reliability.
  • Intellectual curiosity and enthusiasm for learning about risk, actuarial work, and Milliman’s mission.
  • Self-starter with effective time management and organizational skills.
  • Inspired to contribute to the success of projects and the team.

Location

This posting represents opportunities based in various Milliman offices and business units within the U.S. Some roles may require onsite work, while others may be remote. Specific in-office requirements will be discussed during the interview process.

Pay

The overall hourly range for this role is $21 - $46. For candidates residing in Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia, the range is $23 - $46. For all other locations, the hourly range is $21 - $37. Compensation will be determined based on factors including education, actuarial exams passed, relevant work experience, qualifications, skills, and certifications.

Benefits

  • Employee Assistance Program (EAP): Confidential support for personal and work-related challenges.
  • 401(k) Plan: Eligibility after reaching 1,000 hours worked within 12 consecutive months, including company matching and profit-sharing contributions.
  • Paid Time Off (PTO): Accrues from the first day of work; interns earn 1 hour of PTO for every 30 hours worked.
  • Transportation: Pre-tax savings for eligible transit and parking expenses.

About Milliman

Milliman is a global leader in actuarial consulting, helping organizations address complex challenges in insurance, risk management, healthcare, and beyond. We are committed to professional growth, diversity, and inclusion, offering employees access to mentoring, learning opportunities, and a collaborative culture.

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. We invest in skills training and career development, providing all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERGs) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their professions, including leadership in professional organizations.

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