Actuarial Intern: Data, Reporting & Rate Studies

Federated Insurance; Owatonna (MN); On-site; USD 30,686 - 43,704; Full time

Benefits offered by this job

Competitive compensation

Bonus programs

Health insurance

Pension and 401(k) offerings

Paid volunteer time

Gift matching opportunities

Job summary

A leading insurance company in Owatonna, MN seeks a summer intern in Actuarial Science, Math, or Statistics. This in-person role runs from June 7 to August 18, 2027, offering $27 per hour. The intern will engage in projects like data collection, report creation, and regulatory reporting. Candidates should be juniors or seniors with a minimum GPA of 3.2 and strong Excel skills. The company provides excellent career development and benefits, fostering professional growth and community engagement.

Qualifications

• Be a junior or senior majoring in Actuarial Science, Math, or Statistics.
• Have a minimum overall GPA of 3.2.
• Have strong computer knowledge, including the ability to use Microsoft Excel.
• Maintain confidentiality of business and personnel information.

Responsibilities

• Perform company-level experience and rate-level studies.
• Collect and organize data to create reports.
• Calculate impact of assumption changes on current book of business.
• Assist with rating filings and regulatory reporting.

Skills

Actuarial Science

Math

Statistics

Microsoft Excel

Education

Junior or Senior in Actuarial Science, Math, or Statistics

Job description

A leading insurance company in Owatonna, MN seeks a summer intern in Actuarial Science, Math, or Statistics. This in-person role runs from June 7 to August 18, 2027, offering $27 per hour. The intern will engage in projects like data collection, report creation, and regulatory reporting. Candidates should be juniors or seniors with a minimum GPA of 3.2 and strong Excel skills. The company provides excellent career development and benefits, fostering professional growth and community engagement.