Actuarial Intern

constellationinsurancecareers; Kentucky; Hybrid; USD 30,000 - 33,000; Full time

Benefits offered by this job

Mentorship

Flexible work options

Engaging summer programming

Job summary

Constellation Insurance invites you to join its actuarial internship, offering hands-on experience in data manipulation, modeling, and reporting within a collaborative team. You will work across areas like Enterprise Risk Management, Product Management, and Corporate Actuarial Financial Reporting to contribute to real projects.

You will gain mentorship, engage in meaningful tasks, and develop analytical, technical, and communication skills throughout the twelve-week program starting May 2027.

Qualifications

• Pursuing a major in actuarial science or related financial/mathematical field.
• SOA exam completed (at least one).
• Proficient in Microsoft Excel, Access, and Word.
• Proactive and independent with ability to meet deadlines and interact professionally.

Responsibilities

• Data Analysis: conduct data manipulation, organization, and analysis to support decisions.
• Modeling: run actuarial models and analyze outputs for accuracy.
• Documentation: verify factors used in computations, document processes, and help automate reports.
• Tool Development: create and refine calculation tools to support pricing and valuation.
• Specialized Tasks: develop rate filings, in-force files, and experience study results; assist in premiums and pricing levels.
• Skill Development: build analytical, technical, leadership, and communication skills while gaining business knowledge.

Skills

Data Analysis

Actuarial Modeling

Documentation

Tool Development

Specialized Tasks

Professional Growth

Education

Actuarial science major

SOA exam completed

Tools

Microsoft Excel

Microsoft Access

Microsoft Word

VBA

Python

R

Job description

As an Actuarial Intern, you'll gain hands-on experience in the day-to-day operations of a financial services company. You'll collaborate with professionals in areas like Enterprise Risk Management, Product Management, or Corporate Actuarial Financial Reporting, contributing to real projects that impact the business.

Your Key Responsibilities:

• Data Analysis: Conduct data manipulation, organization, and analysis to support critical decision-making.
• Modeling: Run actuarial models, analyze outputs for accuracy, and ensure consistency.
• Documentation: Verify factors used in computations, document processes, and help automate reports and spreadsheets.
• Tool Development: Create and refine calculation tools to support pricing and valuation efforts.
• Specialized Tasks: Depending on your area, you may develop rate filings, in-force files, and experience study results or assist in determining premiums, benefits, and pricing levels.
• Skill Development: Build your analytical, technical, leadership, and communication skills while gaining business and industry knowledge.

Why Choose Us?

• Engaging Summer Programming: Connect with other actuarial interns and learn about the business environment and actuarial work through scheduled events.
• Mentorship: Receive guidance and support from experienced mentors throughout your internship.
• Impactful Projects: Work on projects designed to make meaningful contributions to the team from day one.

What You Need to Succeed:

Required:

• Academic Background: Pursuing a major in actuarial science or a related financial/mathematical field.
• SOA Exam: Completed at least one SOA exam.
• Technical Skills: Proficient in Microsoft Excel, Access, and Word.
• Proactive and Independent: Ability to take initiative, work independently, meet deadlines, and interact professionally with colleagues.

Preferred:

• Programming Skills: Experience with programming languages like VBA, Python, or R.
• Relevant Experience: Prior work experience, including internships or co-ops, is a plus.

Internship Details:

• Duration: A twelve-week program starting in May 2027
• Compensation: Pay rate starts at $22 per hour
• Schedule: Full-time (Monday -- Friday, 8:15 a.m. -- 5:00 p.m.)

Work Environment:

• Flexible Options: Open to remote, onsite, or hybrid work arrangements.
• Team Placement: Work closely with an actuarial team, supported by analysts and a dedicated mentor.
• Supportive Environment: Enjoy management support and engage in meaningful project work and ad-hoc requests throughout the summer.