Actuarial Intern - Summer 2027

CNA Financial; United States; Hybrid; USD 35,000 - 65,000; Full time

Benefits offered by this job

Housing assistance

Higher hourly rates

Full-time placement potential

Networking events

Job summary

CNA Financial offers an Actuarial Summer Internship Program in Chicago designed to provide hands-on actuarial experience during a 10-week training period in the summer of 2027. Interns will be assigned to Pricing, Reserving, Portfolio Management or Long Term Care, with a dedicated manager guiding practical assignments.

Internships use a hybrid model (three days in office, two days remote), and housing assistance may be provided.

Qualifications

• Must have sophomore standing.
• Graduation date between Dec 2027 – May 2029.
• Pursuing a degree in Actuarial Science, Statistics, Mathematics or related.
• GPA of 3.25 or higher preferred.
• Interest in the Insurance Industry and pursuing an Actuarial career.

Responsibilities

• Participate in a 10-week Actuarial Summer Internship Program in Chicago with hands-on actuarial assignments.
• Interns can be placed in Pricing, Reserving, Portfolio Management or Long Term Care within the Actuarial organization.
• Consideration for potential full-time placement upon graduation.

Skills

Sophomore standing

Relocation to Chicago

Strong communication skills

Education

Actuarial Science, Statistics, Mathematics or related

Job description

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

CNA is one of the country's largest writers of commercial insurance, backed by more than 125 years of experience. We offer unique expertise for the businesses we serve, allowing us to anticipate customers' needs and provide quality products and services that help prevent and minimize loss. At CNA, we pride ourselves on promoting a culture that challenges and engages people, and offers them the chance to expand their expertise and develop their careers.

CNA's Actuarial Summer Internship Program is looking to create a team of interns for a dynamic 10-week training program (summer 2027) that provides hands‑on Actuarial experience and unique opportunities in the insurance industry. This program gives each intern their own manager and practical Actuarial assignments to gain real-world experience.

Interns can be placed in one of the following areas within the Actuarial organization (Property & Casualty/Life & Health): Pricing, Reserving, Portfolio Management or Long Term Care.

Our internships are based out of our Chicago office (151 N Franklin St.) and work a hybrid schedule typically consisting of three days in office and two days optional remote. Housing assistance will be provided to those candidates who qualify, based on their distance from the Chicago office. Note: for full‑time employment, our actuarial employees work hybrid out of Chicago, IL or New York City, NY.

JOB DESCRIPTION:

Program Features and Benefits:

• Learning sessions with senior staff covering various topics related to the insurance industry.
• Professional and personal development activities including public speaking and preparing a presentation.
• Specialized training sessions and activities for actuarial interns.
• Higher hourly rates are available to students who have passed one or more exams.
• Consideration for potential full‑time placement upon graduation.
• Social networking events that provide great opportunities to meet fellow interns and full time actuaries from all areas of CNA.

Required Knowledge, Skills and Experience:

• Must have at least sophomore standing.
• Expected graduation date between Dec 2027 - May 2029
• Pursuing a degree in Actuarial Science, Statistics, Mathematics or any other related degree.
• GPA of 3.25 or higher preferred.
• Interest in the Insurance Industry.
• Interest in pursuing an Actuarial career upon graduation.
• Must be familiar with the Actuarial exam process.
• Ability to learn quickly, work both independently and as part of a team, and cultivate and maintain positive business relationships.
• Strong organization and project management skills.
• Excellent interpersonal and communication skills.
• Effective problem solving, analytical aptitude, and ability to embrace change.
• Demonstrated leadership ability a plus.
• Must be legally authorized to work in the United States without sponsorship or visas. We require unrestricted authorization to work in the U.S. (including student visas -OPT, F-1, etc.).
• Willingness to relocate to Chicago for the summer internship program. Note: for full‑time employment, our actuarial employees work out of Chicago, IL or New York City, NY.

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I n certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia , California, Colorado, Connecticut, Illinois , Maryland , Massachusetts , New York and Washington, the national base pay range for this job level is $35,000 to $65,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com .

CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page .

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [e-mail]