Actuarial Intern, Summer 2027

northwesternmutual; Milwaukee (WI); On-site; USD 23,000 - 41,000; Full time

Job summary

Northwestern Mutual is offering an Actuarial Internship designed to develop future leaders in actuarial science. You will work with a credentialed actuary and mentors to complete tasks critical to our success while participating in professional development workshops and leadership Q&A sessions.

Minimum qualifications include pursuing a Bachelor's in Actuarial Science or related field with a 3.0+ GPA and proficiency in Excel.

Qualifications

• Pursuing a Bachelor's degree in Actuarial Science or related field from an accredited college or university.
• Cumulative grade point average of 3.0 or higher.
• Employer immigration sponsorship is not available for this role.
• Working knowledge of Excel or similar office tools.

Responsibilities

• Interns will research problems, analyze data, and present findings.
• Study hours are incorporated into the workday.
• Interns will learn about Northwestern Mutual's products and network with actuaries in leadership roles.

Skills

Analytical ability

Effective communication

Problem-solving ability

Multitasking / prioritization

Education

Bachelor's degree in Actuarial Science or related field

Tools

Excel

Job description

Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more!

Actuarial Internship

As an actuarial intern, you will work alongside your manager, mentors, and team to complete tasks critical for Northwestern Mutual's success. We are here to help you both identify and continue to develop your future career goals and passions.

Actuarial interns work under the direction of a credentialed actuary in any one of the following roles:

• Life, Long Term Care, Disability Income, or Annuity Pricing
• Risk Experience Analytics
• Corporate Modeling
• Valuation

Interns will utilize their skills to research problems, analyze data, and present their findings. Study hours are incorporated into the workday. In addition, actuarial interns have opportunities to learn about the different products the company offers and to network with actuaries in senior leadership positions both within the actuarial department and throughout the company.

Bring Your Best! What this role needs.

Minimum qualifications

• Pursuing a Bachelor's degree in Actuarial Science or related field from an accredited college or university
• Cumulative grade point average of 3.0 or higher
• Employer immigration sponsorship is not available for this role
• Working knowledge of Excel or similar office tools

Preferred skills and proficiencies

• Successful completion of an SOA exam preferred
• Previous actuarial internship and/or relevant project experience preferred
• Effective oral and written communication skills
• Demonstrated analytical and problem-solving ability
• High degree of self-motivation, passion, and a drive to learn
• Ability to balance multiple priorities

Compensation Range:

Pay Range - Start:

$16.50

Pay Range - End:

$30.00

We believe in fairness and transparency. It's why we share the salary range for most of our roles. Internship salaries are determined based on academic tenure and major. The standard pay structure is listed.

Build a strong career foundation with a best-in-class company that puts our clients' interests at the center of all we do.

Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.