Actuarial Intern - Nyhart

Ascensus; Indianapolis (IN); Hybrid; USD 28,000 - 34,000; Full time

Benefits offered by this job

SOA exam fees covered

Hybrid work option

Job summary

FuturePlan by Ascensus is offering a summer actuarial internship based in Indianapolis with hybrid work options. You will work on Defined Benefit and Healthcare plans, learning actuarial techniques and how to communicate results to clients and team members.

You'll handle client data, participate in projects like plan terminations and software conversions, and gain exposure to SOA exam preparation. The program supports growing young actuaries ready to start their careers.

Qualifications

• Pursuing a Bachelor's degree in Mathematics, Statistics, Economics or Actuarial Science.
• Proficiency in Microsoft Office Excel.
• Strong mathematics, analytical and problem-solving skills.
• Ability to plan and prioritize work to achieve objectives.
• Proven ability to collaborate and build relationships.
• SOA examinations success preferred, but not required.

Responsibilities

• Develop a strong understanding of benefit plan operations across a variety of clients and designs.
• Apply analytical skills to prepare and review individual benefit calculations.
• Organize and analyze participant data, checking for inconsistencies and identifying next steps.
• Learn to interpret plan documents – a legal document which governs the administration of the plan.
• Assist with special projects, such as plan terminations, lump sum windows, and software conversions.
• Analyze and improve internal processes and procedures to increase accuracy, consistency, and efficiency.
• Consult with clients regarding benefit administration, including regulations, plan documents, data, and calculations.

Skills

Excel proficiency

Mathematics

Analytical skills

Strategic thinking

Communication skills

Collaboration

Education

Bachelor’s degree in Mathematics/Statistics/Economics/Actuarial Science

Job description

Nyhart, now part of FuturePlan by Ascensus®, is an award-winning consulting, actuarial, and administration services company. We’re dedicated to maximizing the potential of our human resources and are committed to recruiting, developing, rewarding, and retaining a workforce that delivers quality customer service to over 2,000 clients in all 50 states.

Job Description:

Being an Actuary requires a unique blend of aptitude for detail-oriented analysis, high-level problem solving, and healthy communication skills.

At FuturePlan by Ascensus, we consult on Defined Benefit and Healthcare plans. Both require a great deal of effort and knowledge to administer. Each plan is unique and can have thousands of participants, each with individual data and needs.

Ascensus is dedicated to maximizing the potential of our greatest asset - our employees. Our summer internship program is designed to allow you to experience your prospective career path. You will be involved in the same projects as our actuaries. You will learn actuarial techniques, how to best communicate your work to others, how to research various issues related to the industry, and other skills needed to begin a successful actuarial career.

***This internship is for the summer of 2027***

***This position will be hybrid and based out of our Indianapolis office***

Responsibilities:

• Develop a strong understanding of benefit plan operations across a variety of clients and designs
• Apply analytical skills to prepare and review individual benefit calculations
• Organize and analyze participant data, checking for inconsistencies and identifying next steps
• Learn to interpret plan documents – a legal document which governs the administration of the plan
• Assist with special projects, such as plan terminations, lump sum windows, and software conversions
• Analyze and improve internal processes and procedures to increase accuracy, consistency, and efficiency
• Consult with clients regarding benefit administration, including regulations, plan documents, data, and calculations

Ascensus’s paid Internship Program includes SOA exam fees and materials.

Requirements:

• Pursuing a Bachelor’s degree in Mathematics, Statistics, Economics or Actuarial Science
• Proficiency in Microsoft Office Excel
• Strong mathematics skills, analytical and problem solving skills.
• Ability to think strategically by innovating, initiating and understanding how one’s work connects to others. Ability to plan and prioritize work towards the achievement of personal and corporate objectives.
• Proven ability to collaborate and build relationships.
• Society of Actuaries (SOA) examinations success preferred, but not required

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.