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Jobs · Education · Minnesota

Summer 2027 Actuarial Internship | Fully Onsite

Allianz Life · Minneapolis, MN · 2 days ago
On-siteEducation$29–$32/hrFull-time

About the role

As an intern, you will gain real employee experiences from a top FORTUNE'S "100 Best Companies to Work For" corporation. We place a high value on our interns and involve them in real work with a real business impact, making our internships a class of their own. With exceptional opportunities and benefits such as: presentation opportunities, access to our senior and executive level leaders, financial education workshops and a professional development series. If you want to be an actuary, this is the place to get you started. Bring your curiosity, flexibility, creativity, self-motivation, detail orientation, and technical brilliance to work with our seasoned actuaries in using industry-leading technology on projects that add value and make a significant impact on our business. This includes analyzing annuity and life insurance products, participating in the development and pricing of new products, preparing financial statements, hedging our investments, producing analysis and reports for senior leaders, performing Excel spreadsheet automation and developing complex financial models.

What You Do

  • Assist in preparation of financial reports, memorandums and other required actuarial supporting analyses including:
    • New product and filings and rollouts
    • Product management actions
    • Requests from external auditors, state regulators and rating agencies
    • Parent company requests and requirements
    • Experience studies and assistance in development of pricing, projection or valuation assumptions
  • Design and develop sophisticated modeling techniques in an Actuarial projection software
  • Communicate actuarial results to cross-functional areas including business unit and other support unit personnel and documentation of the actuarial analysis performed
  • Utilize artificial intelligence tools and resources (e.g. generative AI)

Qualifications

  • Superior communication, programming and math skills
  • The ability to translate results into words
  • Experience using Excel, VBA and/or other programming languages
  • Active pursuit of a degree in Actuarial Science, Mathematics or related field
  • Completion of 1-2 SOA exams preferred
  • Leadership experience a plus
  • Preference will be given to candidates that also have the following:
    • Previous actuarial internship experience
    • Successful completion of at least one SOA exam
    • Programming or database management experience
  • You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas.

Pay

Job posting range $29/hr - $32/hr. This role is also eligible for an annual incentive program.

Benefits

  • Choice of comprehensive medical, dental and vision plan options
  • Flexible spending and health savings accounts
  • Tuition reimbursement
  • Student loan retirement program
  • Generous annual paid leave
  • Outstanding 401(k) company match
  • Life insurance
  • Award-winning campus with discounted amenities including an onsite health center, child development center, fitness facility, convenience store and two cafeterias
  • Employee Resource Groups

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