Actuarial Intern - Summer 2027

The Mutual Group; Iowa, Northern (LA, KY); Hybrid; USD 32,000 - 34,000; Full time

Benefits offered by this job

Mentorship programs

Networking events

Free lunch

Job summary

The Mutual Group is offering an Actuarial Intern position for Summer 2027, designed for students pursuing actuarial careers. You will work alongside credentialed actuaries on pricing, reserving, and data-driven analysis across multiple lines of business, gaining hands-on experience and mentorship throughout the internship.

Hybrid/in-office training may be required for the initial period, with remote options available for some locations.

Qualifications

• Pursuing a degree in Actuarial Science or a related quantitative field.
• Preferred GPA of 3.0 or higher.
• Successful completion of at least one actuarial exam.

Responsibilities

• Support pricing, reserving, and other actuarial functions through data-driven analysis.
• Gather, validate, and organize data used in actuarial models and business decision-making.
• Develop, maintain, and enhance actuarial reports, tools, and documentation.
• Analyze trends, identify key insights, and communicate findings to actuarial team members and business partners.
• Collaborate with experienced actuaries on projects that influence business strategy and underwriting performance.
• Gain exposure to multiple insurance products and actuarial disciplines.
• Assist with special projects and initiatives that support the continued growth and innovation of the actuarial team.

Skills

Analytical thinking

Communication skills

Problem-solving

Education

Actuarial Science or related field

GPA 3.0+

Actuarial exam completed

Tools

SQL

Python

R

Power BI

Job description

## Actuarial Intern - Summer 2027Apply: Remote: Iowa - TMG Home Office: Illinois: Full time: Posted 2 Days Ago: R-100279**Department:**Actuarial**Job Description:**At The Mutual Group, we’re building a modern actuarial organization that plays a critical role in shaping business strategy and driving profitable underwriting growth. As an Actuarial Intern, you’ll gain hands-on experience working alongside experienced credentialed actuaries on real-world pricing and reserving initiatives across multiple lines of business.This internship is designed for students who are passionate about pursuing an actuarial career and eager to apply classroom concepts in a professional environment. You'll have the opportunity to analyze data, solve business challenges, collaborate with cross-functional teams, and contribute to meaningful projects that directly impact the organization. This internship provides valuable experience, mentorship, and exposure to the actuarial profession.**Work Arrangement:*** Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional in‐office days.**Accountabilities:*** Support pricing, reserving, and other actuarial functions through data-driven analysis.* Gather, validate, and organize data used in actuarial models and business decision-making.* Develop, maintain, and enhance actuarial reports, tools, and documentation.* Analyze trends, identify key insights, and communicate findings to actuarial team members and business partners.* Collaborate with experienced actuaries on projects that influence business strategy and underwriting performance.* Gain exposure to multiple insurance products and actuarial disciplines.* Assist with special projects and initiatives that support the continued growth and innovation of the actuarial team.**Qualifications:*** Currently pursuing a degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Data Analytics, or a related quantitative field.* Preferred GPA of 3.0 or higher.* Successful completion of at least one actuarial exam.* Strong analytical, critical-thinking, and problem-solving abilities.* Proficiency in Microsoft Excel and other Microsoft Office applications.* Experience with SQL, Python, R, Power BI, or other analytical tools is a plus.* Strong written and verbal communication skills with the ability to explain complex information clearly to a non-technical audience.* Self-motivated, curious, and eager to learn in a collaborative team environment.* Highly organized with excellent attention to detail and a commitment to producing high quality work.**Why Join The Mutual Group:*** Gain meaningful, real-world actuarial experience.* Work alongside experienced credentialed actuaries who are invested in your development.* Contribute to projects that have a direct impact on business decisions.* Build technical, analytical, and professional skills that will prepare you for a successful actuarial career.* Experience a collaborative culture that values learning, collaboration, innovation, and professional growth.**Perks of working at The Mutual Group:****Competitive Pay:** Interns earn hourly wages while gaining hands-on experience. The hourly pay range for this internship is $23-$25, commensurate with experience.**Mentorship Programs:**Pairing interns with experienced professionals.**Networking Events:** Intern mixers, speaker series, or meet-and-greets with executives.**Volunteer Opportunities:** Organized events for community service.**Real projects:** Interns contribute to meaningful work, not just observe from the sidelines.**Free Lunch:** On-site cafeteria available Tuesday-Thursday.**Balanced Schedule:** A 39-hour work week designed to support productivity and well-being. **Benefits:**We are proud to offer our full-time regular employees a robust benefits suite that includes:* Competitive base salary plus incentive plans for eligible team members* 401(K) retirement plan that includes a company match of up to 6% of your eligible salary* Free basic life and AD&D, long-term disability and short-term disability insurance* Medical, dental and vision plans to meet your unique healthcare needs* Wellness incentives* Generous time off program that includes personal, holiday and volunteer paid time off* Flexible work schedules and hybrid/remote options for eligible positions* Educational assistance