Summer 2027 Actuarial Intern at Mutual of Omaha

About the role

Step into a high‑impact internship where your work matters. At Mutual of Omaha, the Actuarial Internship Program offers the chance to contribute to a Fortune 500 company through real‑world projects such as analyzing financial results, pricing insurance products, and developing new solutions across life, health, and annuities. Over a 12‑week period you’ll gain hands‑on experience, rotate through multiple business areas mid‑summer, build skills, make connections, and explore the breadth of actuarial science.

Responsibilities

• Participate in projects as assigned, which may involve product development, morbidity and mortality tables, financial results, premium persistency, expenses, or other matters designated by managers.
• Generate and verify data for various exhibits and reports, applying actuarial and mathematical concepts, formulae, and computer capabilities as needed.
• Provide senior colleagues with documentation and explanations of computation results; research, analyze, and summarize material required by other actuarial personnel.
• Prepare schedules of statistics, premiums, reserves, and benefits, documenting and verifying factors used in the related computations.

Qualifications

• Enrolled in a degree program related to actuarial science, mathematics, statistics, data analytics, economics, computer science, or a related field (both before and after the internship).
• Successfully completed one or more Society of Actuaries exam(s) via the University‑Earned Credit (UEC) Program or traditional exam setting.
• Strong aptitude for statistical interpretation and working knowledge of actuarial assumptions and formulae.
• Collaborative mindset: values diverse ideas, listens courageously, and remains curious.
• Ability to work on‑site at the Omaha, NE office (summer housing provided).
• Must not require sponsorship for employment now or at any point in the future.

Pay

• Undergraduate Actuarial Intern – One passed exam: $26/hr
• Undergraduate Actuarial Intern – Two passed exams: $27/hr
• Undergraduate Actuarial Intern – Three passed exams: $28/hr
• Graduate Actuarial Intern – One passed exam: $28/hr
• Graduate Actuarial Intern – Two passed exams: $29/hr
• Graduate Actuarial Intern – Three passed exams: $30/hr

Benefits

• 401(k) plan with a 2% company contribution and a 6% company match.
• Work‑life balance with vacation, personal time, and paid holidays.
• Additional benefits and perks detailed on the company’s benefits page.

Schedule

The internship runs for 12 weeks during the summer, including a mid‑summer rotation that introduces multiple areas of the business.