Actuarial Intern

Markel Corporation; Richmond (VA); On-site; USD 33,000 - 39,000; Full time

Benefits offered by this job

Health benefits

Dental insurance

Vision insurance

401(k) with employer match

Employee stock purchase plan

Paid time off

Job summary

Markel Corporation invites college juniors to join its Actuarial internship program for 2027. You will gain hands-on exposure to pricing, reserving, and actuarial operations while collaborating with experienced actuaries to drive meaningful projects.

Ideal candidates demonstrate leadership, analytical thinking, and strong communication skills, with preparation in Actuarial Science or related fields and a GPA of 3.5+. US work authorization is required and visa sponsorship is not offered.

Qualifications

• College juniors graduating in May 2028 or recently graduated.
• GPA of 3.5 or higher.
• Majoring in Actuarial Science, Statistics, Mathematics, or related field.
• Proven leadership, analytical thinking, and communication skills.
• Proficient in data tools and technology.
• US Work Authorization required; Markel does not provide visa sponsorship for this position.

Responsibilities

• Contribute to high-value actuarial projects with clear deliverables.
• Collaborate with experienced actuaries in pricing, reserving, or operations.
• Analyze data and communicate findings to support business decisions.
• Present findings to internal stakeholders.

Skills

Leadership

Analytical thinking

Communication skills

Data tools proficiency

Education

Actuarial Science/Statistics/Mathematics major

Tools

Excel/data tools

Job description

What part will you play?

If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem‑solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! Are you a college junior with a passion for problem‑solving, data analysis, and making an impact? Markel invites you to join our Actuarial department for a transformative summer internship experience in 2027. As an intern at Markel—a global, publicly traded insurance company—you’ll gain hands‑on exposure to the real‑world operations of our Actuarial department. Whether you’re working in pricing, reserving, or actuarial operations, you’ll collaborate directly with experienced actuaries and contribute to meaningful projects that drive business decisions.

What You’ll Experience:

• Real Impact: Work on high-value projects with clear deliverables and deadlines.
• Professional Growth: Learn from industry experts and gain insight into the property and casualty insurance market.
• Collaborative Culture: Be part of a supportive team that values curiosity, innovation, and continuous learning.
• Career Development: Build your resume, sharpen your skills, and explore future career paths in actuarial science.

Who We’re Looking For:

• College juniors graduating in May 2028 or recently graduated
• Strong academic performance (GPA 3.5+)
• Majoring in Actuarial Science, Statistics, Mathematics, or a related field
• Proven leadership, analytical thinking, and communication skills
• Proficient in data tools and technology
• Enthusiastic about the property and casualty insurance industry
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information:

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, demonstrated competencies, geographic location, and other factors.

The salary range for the position is $24-$28.50/hr.

Who we are:

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

What’s in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life. All full‑time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non‑work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.