Actuarial Intern

HealthFitness; Lake Forest (IL); Hybrid; USD 26,000 - 39,000; Full time

Benefits offered by this job

Housing provided

On-site fitness center

Subsidized cafeteria

Casual attire

4.5-day work week

Educational activities

Social activities

Job summary

Trustmark's Actuarial Intern program offers a 10-week internship from June 7 to August 13, 2027 in Lake Forest, IL. The role blends in-office and remote work, with three days in the office (Tue–Thu) and two days remote, and housing provided for those living beyond 30 miles.

Interns will gain hands-on experience in pricing, experience analyses, and reporting under supervision across multiple associates in Small Business Benefits and Voluntary Benefits, building skills in Excel and MS Office, data

Qualifications

• Strong mathematical aptitude and analytical thinking.
• Excellent communication skills, both written and verbal.
• Able to work well in teams and individually.
• Detail-oriented with strong problem-solving abilities.
• Demonstrated leadership potential.
• Ability to translate data into actionable insights.

Responsibilities

• Prepare actuarial reports under supervision.
• Run Excel-based data collection and summarization programs.
• Assist actuaries in product analysis.
• Collaborate on group and individual projects.
• Review quarterly and annual statements.
• Support pricing, experience analysis, and forecasting.
• Perform other duties as assigned.

Skills

Mathematical aptitude

Excellent communication

Teamwork

Detail-oriented

Problem-solving

Leadership ability

Education

Bachelor’s or Master’s degree in progress

Tools

MS Office

Excel

Programming

Job description

The Actuarial Interns will work under various associates in the Actuarial departments within Small Business Benefits and Voluntary Benefits. The program is 10 weeks long from June 7 - August 13, 2027. The position is hybrid, working three days in the office (typically Tuesday, Wednesday, and Thursday), and two days remote. Housing will be provided for interns who live outside a 30-mile radius of our Lake Forest office.

Responsible for trying out the day-to-day challenges of real actuarial work and contributes to the financial success of our operating divisions by assisting with pricing decisions, experience analyses, and reporting of financial results.

Key Accountabilities:

• Preparing actuarial reports under the direction of an actuary.
• Running programs to collect and summarize data in Excel to assist actuary in various studies.
• Assisting actuary in the analysis of products for which he/she is responsible.
• Participating as a team member in both group and individual projects.
• Assisting in the review and examination of quarterly and annual statements.
• Helping with pricing, experience analysis and forecasting.
• Other job-related duties as assigned.

Minimum Requirements:

• Successful completion of at least one Society of Actuaries exam.
• GPA of at least 3.0.
• Must be receiving a Bachelor’s or Master’s degree in winter or spring/summer following the program dates to be considered for the program.
• Experience in MS Office.
• Excellent mathematical aptitude/skills.
• Capable of working quickly and accurately and to recognize and solve problems.
• Enjoys working individually and as part of a team.
• Ability to develop insights into how the projects worked on furthering the goals of the department/divisions, and the significance of each task that is performed.
• Strong initiative.
• Detail-oriented.
• Excellent oral/written communication skills.

Preferred:

• Prior experience in MS Office, specifically Excel
• Prior work experience.
• Strong organizational and project management skills.
• Some programming.
• Excellent interpersonal and communication skills
• Effective problem-solving skills and analytical aptitude.
• Demonstrated leadership ability.
• Interest in the insurance Industry.

The compensation range for this role is the following based on the location of Lake Forest, Illinois:

$19.36 - $27.97 per hour

The final offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.

Brand: Trustmark

Our internship will not only utilize your current skills, but will enhance them as well. Trustmark benefits include an on-site fitness center, subsidized cafeteria, casual/jeans attire, 4½-day work week and many fun educational and social activities!

Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business. We are an equal opportunity employer, including disability and protected veteran status.