Actuarial Intern

The Jackson National Life Insurance Company; Lansing (MI); Hybrid; USD 25,000 - 39,000; Part time

Benefits offered by this job

Health insurance

401(k) matching

Bonuses

Education matching gift program

Dependent tuition program

Job summary

The Jackson National Life Insurance Company in Lansing, MI is offering a Summer Actuarial Intern role within the Actuarial Department. The intern will assist with data collection, analysis, and project work under supervision, helping assess risks and support product concepts.

You'll work alongside senior actuaries and management, gain practical experience in financial performance forecasting, and contribute to meaningful actuarial projects while developing professional skills.

Qualifications

• H.S. Diploma or GED required.
• Associates or Bachelor's coursework preferred.
• Second to third year undergraduate or first year master's in Actuarial Science or related field required.
• Exposure to some programming language preferred.
• Hybrid or in-office scheduling preferred.

Responsibilities

• Provides administrative assistance to the department.
• Conducts research related to department initiatives.
• Answers questions from other departments.
• Participates in setting and achieving goals and meeting deadlines for actuarial projects.
• Communicates with management on project status.
• Conducts analysis in assigned area.
• Develops interpersonal and communication skills.
• Performs other duties and/or projects as assigned.

Skills

Strong analytical

Organizational skills

Interpersonal communication

Time management

Education

HS Diploma or GED

Associates or Bachelor's coursework preferred

Undergraduate year 2-3 or first-year masters in Actuarial Science or related field

Exposure to some programming language

Tools

Programming language exposure

Job description

Job Purpose

The Intern will provide assistance to the department. The Intern will participate in activities and provide support to various members of the department. The Actuarial Department plays a key role in managing risks undertaken by the Company. We do this by gathering data, measuring and analyzing financial performance, and predicting future patterns of behavior. We also assist in the creation and development of new products and concepts that will be of value to policyholders and enhance profitability to the Company. Interns work side by side with management and senior level actuaries to provide materials to further our company and products for our policyholders. Interns are presented with challenging and meaningful actuarial projects throughout the summer that will provide them with useful actuarial experience while allowing them to develop personally and professionally.

Essential Responsibilities

• Provides administrative assistance to the department.


• Conducts research related to department initiatives.


• Answers questions from other departments.


• Participates in setting and achieving goals and meeting deadlines for actuarial projects.


• Communicates with management on project status, concerns, etc.


• Conducts analysis in assigned area.


• Effectively uses and develops interpersonal and communication skills.


• Other Duties Performs other duties and/or projects as assigned.

Knowledge, Skills and Abilities

• Provides administrative assistance to the department.


• Conducts research related to department initiatives.


• Answers questions from other departments.


• Strong analytical and organizational skills.


• Ability to interface with a variety of management levels.


• Ability to work in a fast-paced, team-oriented environment.


• Ability to manage time and competing priorities effectively.


• Exposure to advance computer applications.


• Drive to learn and become more acquainted with the Actuarial field.

Qualifications

• H.S. Diploma or equivalent (GED) required.


• Associates or Bachelors course work preferred.


• Second to third year undergraduate student or first year masters students in Actuarial Science or related field of study required.


• Exposure to some programming language preferred.


• Position is eligible for hybrid (in-office and remote) or full time in office scheduling preferred.

Jackson is proud to be an equal opportunity workplace.

The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job.

The Company is committed to a policy of equal opportunity.

Company facilities and campuses are tobacco-free environments.

At Jackson, our employees are empowered to bring a fresh perspective, confront new challenges, and define their own career paths.

We value the unique perspectives and innovative ideas that come from our employees' diverse backgrounds.

Jackson is the marketing name for Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York (Home Office: Purchase, New York).

Jackson National Asset Management, LLC (JNAM) located in Chicago, Illinois, is an SEC-registered investment adviser and Jackson subsidiary.

Annuities are distributed by Jackson National Life Distributors LLC, Member FINRA.

• Jackson companies offer an outstanding benefits package including competitive pay, bonuses, comprehensive health insurance benefits, a matching 401(k) retirement plan, adoption assistance, education matching gift program and dependent tuition program.