Actuarial Intern

Society Insurance Company; Fond du Lac (WI); Hybrid; USD 28,000 - 34,000; Full time

Benefits offered by this job

Award-winning program

Hands-on experience

Competitive pay

Paid holidays

Mental health wellness

Path to full-time

Networking opportunities

Summer series events

Intern events

Job summary

Society Insurance is seeking two Actuarial Interns for the 2027 Summer who will support the actuarial department.

Role includes conducting competitor studies, preparing rate indications and reserving spreadsheets, and assisting with rate filings and ad hoc projects. This is a paid internship with a hybrid work model, targeting candidates in the Fond du Lac area.

Qualifications

• Pursuing a Bachelor’s Degree in actuarial sciences or related field.
• Full-time junior or senior collegiate status preferred.
• Experience with Microsoft Office Suite with excellent Excel proficiency.
• 3.0 or better cumulative GPA on a 4.0 scale.

Responsibilities

• Conduct Competitor Annual Study analysis.
• Become familiar with insurance and actuarial concepts.
• Prepare Rate Indications and Reserving spreadsheets.
• Support senior actuarial professionals on ad hoc projects and reporting.
• Assist with rate reviews and rate filings.
• Analyze competitor financials and rate filings.
• Assist in the development of data and reports.

Education

Bachelor’s degree in actuarial sciences or related field

Tools

Excel

Job description

Schedule:

40 hours/week with Flexible Scheduling Opportunities

Position Location:

Hybrid Work Model

This position offers flexible remote/hybrid work scheduling and we are targeting candidates who are located within the commutable greater Fond du Lac, WI area. To learn more, visit us at: https://societyinsurance.com/

Overview

Prote cting our policyholders’ dreams, passions, and livelihoods has a direct impact on the communities we serve. We work towards excellence, conduct ourselves with high integrity, and take our work seriously, but not ourselves. Small Details. Big Difference. Find out how you can make a difference with a career at Society.

Society Insurance is seeking two Actuarial Interns for the 2027 Summer who will support the actuarial department.

About the Role

• Conduct Competitor Annual Study analysis.
• Become familiar with insurance and actuarial concepts.
• Prepare Rate Indications and Reserving spreadsheets.
• Support senior actuarial professionals on ad hoc projects and reporting.
• Assist with rate reviews and rate filings.
• Analyze competitor financials and rate filings.
• Assist in the development of data and reports.

About Yo u

• You are flexible and can handle changing priorities easily.
• You are an excellent communicator and builds rapport easily.
• You deal with concepts and complexity comfortably.
• You enjoy working with spreadsheets and matrixes and understanding the data.
• You are a self-starter and enjoy taking the initiative.
• You are quality-focused and take pride in your work.
• You enjoy using logic and analysis to solve difficult problems and probes for answers while looking beyond the obvious.

What it Will Take

• Pursuing a Bachelor’s Degree in actuarial sciences or related field.
• Full-time junior or senior collegiate status preferred.
• Experience with Microsoft Office Suite with excellent Excel proficiency.
• 3.0 or better cumulative GPA on a 4.0 scale.

What Society Can Offer with your Internship

• Award-Winning Program: Our internship program was honored with the 2024 and 2025 Best Internship Program Award by Employ Humanity.
• Hands-on Experience: Engage in real work related to your degree with opportunities for job shadowing.
• Competitive Pay: This is a paid internship with competitive compensation.
• Paid Holidays: Benefit from paid time off during holidays.
• Mental Health Wellness: Receive 8 paid hours annually to prioritize your mental well-being.
• Path to Full-Time Employment: High-performing interns may be considered for full-time positions after graduation.
• Networking Opportunities: Connect with professionals and fellow interns through company events and external networking activities.
• Summer Series Events: Participate in exclusive intern events across Fond du Lac County, including volunteer work, networking, and social gatherings.
• Company Intern Events: Enjoy dedicated intern-only activities like Escape Rooms, an end-of-summer party, and more.

Society Insurance prohibits discrimination and harassment of any type against applicants and employees on the basis of race, color, religion, sex, national origin, age, handicap, disability, genetics, veteran status or military service, marital status or sexual orientation, gender identity or expression, or any other characteristic or status protected by federal, state or local laws. Society Insurance also provides reasonable accommodations to qualified individuals with disabilities in accordance with the requirements of the Americans With Disabilities Act and applicable state and local laws. Society Insurance is a drug-free workplace.