Actuarial Intern

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

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) with employer match

Employee Stock Purchase Plan

PTO (paid time off)

Holidays & floating holidays

Parental leave

Job summary

Markel invites college juniors to join the Actuarial summer internship for 2027, offering hands-on exposure to pricing, reserving, and actuarial operations. You will collaborate with experienced actuaries on real projects that influence business decisions while developing professional skills and a strong resume.

Prefer candidates graduating May 2028 with a 3.5+ GPA, majoring in Actuarial Science, Statistics, Mathematics, or related fields, and who show leadership and problem-solving abilities.

Qualifications

• Pursuing college junior status with GPA 3.5+
• Majoring in Actuarial Science, Statistics, Mathematics, or related field
• Strong analytical, leadership, and communication skills
• Proficient in data tools and technology

Responsibilities

• Work on real projects in pricing, reserving, or actuarial operations
• Collaborate directly with experienced actuaries on meaningful deliverables
• Gain exposure to real-world actuarial work and business decisions
• Develop your resume and professional skills through mentorship and hands-on learning

Skills

Analytical thinking

Leadership

Communication

Data tools

Problem-solving

Teamwork

Education

Actuarial Science

Statistics

Mathematics

Tools

Data tools & tech

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

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.

We’re all about people | We win together | We strive for better

We enjoy the everyday | We think further

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.

Should you require any accommodation through the application process, please send an e-mail to the [e-mail].