Actuarial Intern - Summer 2027

RLI Corp; Peoria (IL); Hybrid; USD 28,000 - 39,000; Part time

Job summary

RLI Corp in Peoria, IL offers a paid internship that provides real-world experience across underwriting, analytics and business processes. Under supervision, interns complete project-based assignments and network with professionals.

Candidates must be enrolled in a college program, have 0-2 years of related experience, and at least one actuarial exam passed. The program emphasizes critical thinking, clear communication and reliability, with varying pay by track.

Qualifications

• Currently enrolled in a College/University pursuing a degree; 0-2 years of related experience.
• At least one actuarial exam passed.
• Ability to analyze and resolve basic issues; communicate clearly with others.

Responsibilities

• Complete project-based assignments under supervision.
• Collaborate with experienced professionals and teammates to gain knowledge and build skills.
• Attend planned education and social activities to understand the business and network.

Skills

Critical thinking

Strong communication

Work independently

Integrity and reliability

Technical accuracy

Education

Pursuing college degree

Job description

About Us

We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. At RLI, we're always looking to hire and develop tomorrow's leaders. Our goal is to attract, develop and retain the best talent from diverse backgrounds while promoting an environment where all viewpoints are valued and individuals feel respected, are treated fairly and have an opportunity to excel. Our unique internship program is a paid, hands‑on learning experience that allows students to gain practical industry knowledge, network with RLI professionals in their field of interest, develop and refine skills, and build confidence in their abilities. RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company. Our insurance subsidiaries are rated A+ “Superior” by AM Best company and A “Strong” by Standard & Poor’s. Check out our strong financial track record here.

Position Purpose

Under frequent supervision, gain a broad understanding of the RLI business through a real-world experience and on-the-job training.

Principal Duties & Responsibilities

Complete project-based assignments as assigned. Work closely with experienced professionals, colleagues, and fellow interns to gain knowledge and develop team-building skills. Attend planned education and social activities in order to gain an understanding of the RLI business as well as network.

Education & Experience

Requires current enrollment in a College/University institution pursuing a college degree 0-2 years of experience in a related field or position. At least one actuarial exam passed. Knowledge, Skills, & Competencies Ability to analyze and resolve basic issues. Ability to clearly and effectively communicate with others.

Who We're Looking For

Interns at RLI are some of the best and brightest in the industry. Our internships have been nationally recognized as a top 50 internship within the Insurance industry and was the highest rated company for providing high quality assignments. When recruiting the next generation of RLI employees, we look for candidates who have:

• Critical thinking/analytic skills
• Strong communication skills
• Ability to work independently
• Integrity and reliability
• Technical accuracy

Internship Pay Rates

• General Internship: $20/hour
• IT & Underwriting: $22/hour
• Legal: $25/hour
• Actuarial: $22-$28/hour*
• *Dependent on number of completed actuarial exams.

Our Application Process

For those who get through the initial review, someone from our recruiting team will reach out for an initial phone call. Qualified candidates will receive an invitation for first-round interviews with the team (could be in-person or virtual depending on circumstances). Some internships may require a second-round interview in a similar format to the initial interview. If an offer is received and accepted, the final step is completing a brief background check consisting of criminal check, education verification, and reference. Typical intern hours are dependent on the time of year that an individual is working for RLI. 10-15 hours/week during the school year and 30+ hours/week during the summer.

Diversity & Inclusion

RLI is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law. RLI is a specialty insurance company that helps customers navigate the world of insurance and risk. For more than a half century, we’ve been helping people and companies safeguard their assets through our innovative portfolio of property and casualty coverages and surety products. We’re not what you’d expect from a typical insurance company. From our products to our business model, our culture to our results — we’re different.

WHAT MAKES RLI DIFFERENT

Our remarkable people. Our people are among the smartest and most knowledgeable in the business. They are experts at building relationships that last with our brokers and customers by providing outstanding service and creating ideal coverages with competitive premiums. Our underwriting focus. We seek underserved niches in the marketplace and provide coverages that meet very specific needs. We eliminate unnecessary bureaucracy, give our underwriters authority and share the profits. Our entrepreneurial culture. At RLI, we’ve created a business model that works: hire smart, ethical people, make them owners of the business, and give them the freedom to succeed. Our employees are encouraged to seek out opportunities, make things happen and do the unexpected.