Actuarial Intern (Summer 2027)
About the role
Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes.
Group1001 is seeking a college student for a 12-week actuarial internship in the Life and Annuity Actuarial Department, based at our Zionsville, IN Corporate Office. The internship will run from May 17 to August 6, 2027.
Responsibilities
- Input data and assumptions into and analysis of results from company actuarial models used for various modeling purposes
- Set up the actuarial models and run them in a production environment
- Produce model reports and analyze the results in support of management and regulatory needs
- Work to enhance existing processes to improve the quality and efficiency of information gathering and flow
- Ensure adequate controls over actuarial processes
- Perform peer reviews of reports and output
- Collaborate with individuals throughout the organization, with an emphasis on model efficiency and effectiveness (expected to include in-person work in our home office on a hybrid basis)
- Participate in special projects as needed
Requirements
- Currently pursuing a Bachelor’s degree in actuarial science, finance, economics, math, physics, engineering or related field
- At least one actuarial exam passed
- Strong analytical skills
- Exposure to financial modeling
- Strong communication skills
- Strong time and project management skills
- Excellent organizational skills
- Proficiency in Excel (including VBA) and exposure to database tools (Microsoft Access, SQL, etc.)
Benefits
- Comprehensive health, dental, and vision insurance plan options for employees and their families (for those meeting benefit eligibility guidelines and working 30+ hours weekly)
- Basic and Supplemental Life Insurance
- Short and Long-Term Disability
- Employee Assistance Program and wellness programs (immediate access for all employees, no enrollment required)
- 401K plan with matching contributions by the Company
Schedule
12-week internship from May 17 to August 6, 2027. Hybrid work arrangement with in-person work expected at the Zionsville, IN Corporate Office.