Actuarial Intern, US Life (2027 Summer - New York)

About the role

As an Actuarial Intern, you'll work alongside experienced professionals, gain exposure to the dynamic world of reinsurance and contribute to solutions that help clients navigate an increasingly complex risk landscape. Our Actuarial Internship Program is designed to help you bridge the gap between the classroom and the real world of reinsurance.

What you'll do

• Work on business-critical projects with measurable impact
• Partner with experienced actuaries and actuarial associates
• Learn directly from industry leaders and senior executives
• Collaborate with fellow interns on a capstone project
• Gain exposure to multiple actuarial functions across the organization
• Build the technical and professional skills that will help accelerate your actuarial career
• Work closely with Actuarial Associates and Actuaries within their respective departments, as well as with other key individuals across the organization

Placement opportunities

Departmental placements will be made closer to your start date based on internal business needs. In addition to the responsibilities in your assigned department, you will be exposed to all other actuarial departments through an immersive internship program culminating in a capstone project. Placement opportunities involve numerous departments, including:

Biometric Research:

• Support experience studies across Life, Longevity, and Long-Term Care business lines
• Analyze mortality and persistency trends affecting insurers and consumers
• Explore demographic and population-level insights shaping the future of the industry
• Work with large datasets to identify emerging patterns and risks
• Contribute to quote reviews and research initiatives that support client solutions

Corporate Actuarial:

• Help develop assumptions used in policy liability calculations
• Support financial reporting for US Life & Health business
• Build and maintain complex actuarial models
• Analyze regulatory developments and their business implications
• Collaborate across functions to solve complex business challenges

Pricing (Individual Life Flow, Inforce & M&A, Alternative Solutions, Group, Living Benefits and Financial Reinsurance):

• Evaluate profitability of new and existing business opportunities
• Analyze the impact of assumptions, product design, and market trends
• Develop client-focused solutions and growth strategies
• Build pricing and projection models
• Conduct market research and support reinsurance quotations
• Contribute to high-impact transactions and innovative product solutions

Qualifications

• Currently pursuing an Undergraduate or Master's degree in Actuarial Science, Math, Statistics, Risk Management, or equivalent program – in healthy academic standing
• Successful completion of one SOA exam (with two or more preferred)
• Excellent communication skills – spoken & written, formal/informal presentation
• Proven capability to multi-task and successfully self-manage multiple priorities and projects of various significance
• Exhibits solid organizational skills and rigorous attention to detail/accuracy in a fast-paced environment
• Demonstrates leadership qualities – clear-thinking, curiosity, integrity, and drive
• Proficient Microsoft Excel skills
• Preference for candidates who have relevant work experience (in actuarial, insurance, or financial services desired)

Location & hybrid work

This role will be based in New York, NY. You will be expected to relocate to the greater New York area to meet our hybrid working model of at least 3 days a week in office.

Pay

The base range for this internship will be $30 - $35 per hour. Factors that may be used to determine your actual rate will include your specific skills, level of schooling, exams, and years of experience.