Actuarial Intern

Ameriprise; Minneapolis (MN); On-site; USD 36,000 - 50,000; Full time

Job summary

Ameriprise Financial is seeking an Actuarial Intern to work on projects with our actuaries and present a self-directed, business-driven project to senior leaders. Responsibilities span actuarial valuation, finance, and risk management, with opportunities to develop and showcase analytics skills using Python, SQL, and PowerBI.

You will gain hands-on experience, collaborate with mentors, and participate in a program designed for early-career growth within a global financial organization.

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 projects directly with actuaries and complete/present a self-directed, business-driven project to senior leaders.
• Assist on Product Development, Actuarial Valuation, Finance, and Risk Management tasks.
• Contribute to analysis and validation activities using analytics tools.

Skills

Strong communication

Time management

Interpersonal skills

Presentation skills

Education

Bachelor's degree candidate in Actuarial Science/Math/Econ

Graduation date Dec 2027 or May/Jun 2028

Actuarial exam passed

Tools

Python

SQL

PowerBI

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

Please note that applications will be assessed on a rolling basis. Due to anticipated interest, the role may close earlier than the stated deadline. We recommend submitting your application promptly. The advertised closing date is October 25, 2026.

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 projects(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

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.