Actuarial Internship

FMNE Insurance Company; Lincoln (NE); On-site; USD 28,000 - 34,000; Part time

Job summary

FMNE Insurance Company in Lincoln, Nebraska is seeking an Actuarial Intern to join its Actuarial Department for Summer 2027. This paid internship focuses on data-driven analysis, pricing design, and loss reserving work, offering hands-on experience with actuarial methods.

The role supports rate proposals, dataset maintenance, and cross-department analyses, while developing skills in Excel and in R/SAS, with CAS pathway consideration. Regular office attendance is expected.

Qualifications

• Currently pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, or a related field required.
• Interest in learning about P&C insurance and achieving membership in the Casualty Actuarial Society.
• Successful completion of at least one actuarial exam is preferred.
• Proficient in Microsoft Office programs, with advanced skills in Excel.
• Familiarity with various analytical and modeling software such as R or SAS, helpful.
• Some knowledge of programming such as Visual Basic and macros.
• Strong quantitative and analytical abilities.
• Excellent written and verbal communication skills.
• Self-motivated, detail-oriented, and capable of working independently and collaboratively.

Responsibilities

• Assist with design, development, and application of methods to collect, analyze, and interpret statistical data relating to product pricing, design, and loss reserving analysis.
• Prepare reports and provide relevant summaries to management.
• Support other departments with analyses and reports to evaluate business performance.
• Maintain, validate, and analyze actuarial datasets.
• Assist in the gathering and analysis of loss reserving and loss frequency/severity information.
• Assist in preparation and implementation of rate proposals.
• Apply best practices and create enhancements in work products.

Skills

Strong quantitative abilities

Analytical skills

Excellent written and verbal

Independent and collaborative

Education

Bachelor’s or Master’s degree in actuarial science / mathematics / statistics

At least one actuarial exam completed (preferred)

Tools

Excel (advanced)

R

SAS

Visual Basic/macros

Job description

FMNE Insurance is seeking an Actuarial Intern to join our Actuarial Department.

This is a paid internship for Summer 2027. We're looking for a collaborative, analytical individual who enjoys solving complex business challenges through data-driven insights and strategic decision-making.

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis.

Role Overview of an Actuarial Intern

This position is responsible for, but not limited to, assisting with the design, development, and application of methods and procedures to collect, analyze, and interpret statistical data relating to product pricing and design, and loss reserving analysis.

Responsibilities

• Demonstrates the Company’s mission, while successfully performing its core values related to integrity, service, excellence, stability, strength, respect, and teamwork.
• Use current research and statistical techniques to analyze coverage profitability and price adequacy.
• Assist in the preparation and implementation of rate proposals.
• Assist in the maintenance, validation, and analysis of actuarial datasets.
• Prepare reports and provide relevant summaries to management.
• Assist in the gathering and analysis of loss reserving and of loss frequency and severity information.
• Recognize and apply best practices and create enhancements in work products.
• Provide support to other departments within the Company with various analyses/reports to evaluate business performance.
• Regular and timely attendance in the office is an essential function of the position.

Skills and Qualifications

• Currently pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, or a related field required.
• Interest in learning about P&C insurance and achieving membership in the Casualty Actuarial Society.
• Successful completion of at least one actuarial exam is preferred.
• Proficient in Microsoft Office programs, with advanced skills in Excel.
• Familiarity with various analytical and modeling software such as R or SAS, helpful.
• Some knowledge of programming such as Visual Basic and macros.
• Strong quantitative and analytical abilities.
• Excellent written and verbal communication skills.
• Self-motivated, detail-oriented, and capable of working independently and collaboratively.

FMNE Insurance Company recognizes that an individual with a disability may require accommodation to enable them to successfully perform a job function. FMNE will attempt to make reasonable accommodations.