Actuarial Intern

Ameriprise Financial Services, LLC; Minneapolis (MN); On-site; USD 60,000 - 70,000; Full time

Job summary

Ameriprise Financial Services, LLC invites applications for an Actuarial Intern program designed for early-career students. You will work directly with actuaries on projects across valuation, finance, and risk, and you will complete and present a self-directed, business-driven project to senior leaders.

The role requires current junior status in a 4-year university, with plans to graduate in December 2027 or May/June 2028 and having passed at least one actuarial exam.

Qualifications

• Current junior at a 4-year university pursuing a bachelor’s degree in Actuarial Science, Mathematics, Economics, or a related field.
• Graduation date of December 2027 or May/June 2028.
• Required to have passed at least one actuarial exam.

Responsibilities

• Work on actuarial projects directly with our actuaries.
• Complete and present a self-directed, business-driven project to senior leaders.
• Collaborate on assigned project(s) across actuarial functions (valuation, finance, risk).

Skills

Self-motivation

Strong integrity and ethics

Organization skills

Communication skills

Team collaboration

Education

Bachelor's degree in Actuarial Science, Mathematics, Economics, or related field

Tools

Microsoft Office Suite

Job description

About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

At Ameriprise Financial, Columbia Threadneedle Investments, and RiverSource, we're committed to helping early-career professionals learn, grow, and make an impact from day one. Throughout the program, you'll gain hands‑on experience, work alongside experienced colleagues, and contribute fresh perspectives to meaningful projects across our business.

Guided by our core values of putting clients first, acting with integrity, striving for excellence, and respecting individuals and our communities, you'll develop both professionally and personally. Through mentoring, networking, senior leader engagement, and community initiatives, you'll build valuable skills, expand your network and discover what's possible across a global financial organization.

About The Role

As an Actuarial Intern, you will work on projects directly with our actuaries and will have the opportunity to complete and present a self‑directed, business‑driven individual project to our senior leaders. Responsibilities vary depending on assigned project(s) and may include:

• Product Development
• Actuarial Valuation
• Finance
• Risk Management

Examples of past intern projects include:

• Enhancing existing process leveraging tools such as Python, SQL, and PowerBI
• Building validation tools to ensure accuracy of actuarial models
• Analyzing results and trends given regulatory or product changes

Required Qualifications

• Current Junior at a 4-year university pursuing a bachelor’s degree in Actuarial Science, Mathematics, Economics, or a related field.
• Graduation date of December 2027 or May/June 2028
• Required to have passed at least one actuarial exam

Preferred Qualifications

• High degree of self-motivation with strong integrity and ethics
• Proven organization skills and ability to manage time effectively
• Excellent communication, interpersonal, and presentation skills
• Ability to work and communicate collaboratively and constructively with others
• Proficient with Microsoft Office Suite

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

In‑Office Collaboration

We are a client‑centric, relationship‑based business. Working together, in‑person, is foundational to how we achieve results. By fostering a culture of face‑to‑face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in‑office time or different in‑office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated hourly rate for this role is $31.00 per hour. We have a pay‑for‑performance compensation philosophy. Your initial total compensation may vary based on job‑related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long‑term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well‑being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurance.

Full‑Time/Part‑Time

Full time

Exempt/Non‑Exempt

Non‑Exempt

Job Family Group

Human Capital

Line of Business

FIN Finance

Equality Statement

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.