2027 Summer Actuarial Internship | INROADS | Handshake

INROADS; Newark (NJ); Hybrid; USD 25,000 - 36,000; Full time

Job summary

INROADS is seeking an Actuarial Intern for our Newark, NJ facility. This 11-week program runs June–August 2027, with a hybrid schedule (1-2 days in the office).

Open to full-time students, GPA 3.0, US permanent residents or citizens, currently sophomores or juniors. Intern will work with the Actuary/Analytics team on data tasks, map data structures, and perform actuarial calculations including reserve, pricing, and projections.

Qualifications

• Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics or Economics.
• Must have at least one actuarial exam completed.
• Strong mathematical and statistical skills.
• Willingness to learn and develop data tools for analysis.
• Intermediate or advanced Excel skills; familiarity with VBA or SQL.

Responsibilities

• Collaborate with Actuary/Analytics team on existing initiatives.
• Analyze data sets to map structures and identify correlations.
• Perform actuarial tasks such as reserve calculations, pricing analysis, and financial projections.
• Provide technical and analytical support for the actuarial department.
• Work under general supervision and apply standard actuarial concepts and procedures.

Skills

Mathematics

Statistics

Excel (intermediate/advanced)

SQL

VBA

Communication skills

SAS

Education

Pursuing undergraduate degree in Actuarial Science, Mathematics, Statistics or Economics

Actuarial exam completed

Tools

Excel

SAS

SQL

VBA

Job description

Internship Opportunity - Actuarial Internships

Location: Newark Office (Hybrid, 1-2 days/week in the office)

Schedule: 8am-5pm (9 hour work day with lunch) Duration: 11 week program (June - August 2027)

Minimum Requirements - full time student with minimum 3.0 cumulative gpa, perm resident or US citizen, current sophomore or junior

Are you seeking an Actuarial Internship in the healthcare industry where you will work while gaining that provides invaluable experience? If yes, our NJ based corporate partner has an exciting opportunity for you to join our Actuary Team as an Actuarial Intern in our Newark, NJ facility.

Responsibilities:

Working with other members of the Actuary/Analytics team to complete various tasks related to existing initiatives.

Working with data sets to map structures and identify correlations between elements. Identifying and acquiring additional data sets which enhance the relevance and accuracy of existing data sets.

Perform actuarial tasks which are of a mathematical and quantitative nature. Tasks will vary based on work assignment and may involve reserve calculations, pricing analysis, experience analysis and studies, financial projections, and other actuarial/financial calculations.

Provide technical and analytical support for the actuarial department.

The selected individual will perform work under general supervision and must be familiar with standard actuarial concepts, practices, and procedures.

Education/Experience:

Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics or Economics

Must have at least one actuarial exam completed

A high degree of skill in mathematics and statistics

Affinity for learning how to use as well as develop technical tools for working with data sets

Willingness to discover new opportunities for leveraging data to deliver new business insights or improve key decision-making processes Intermediate or Advanced Excel skills

Working knowledge of VBA or SQL Experience with SAS highly preferred Excellent verbal and written communication skills, including the ability to communicate with internal and external customers.