Actuarial Internship - Hybrid, Mentored, Paid Stipend

Principal Financial Group; Des Moines (IA); Hybrid; USD 33,000 - 40,000; Full time

Benefits offered by this job

Mentor guidance

Hands-on experience

Executive Speaker Series

Job summary

Principal Financial Group invites you to join its internship program to support actuarial services across multiple lines of business. You will gain exposure to cluster modeling, experience studies, and FX rate analysis while building practical skills under a mentor.

Current enrollment or recent degree in actuarial science or related fields is preferred, with a focus on exams toward an FSA. The program emphasizes collaboration, learning, and hands-on projects within a Fortune 500 environment.

Qualifications

• Currently enrolled in college/university or completed degree with focused studies in actuarial science, statistics, mathematics or related majors.
• Ability to pass actuarial exams and pursue an FSA with the SOA.
• Knowledge of actuarial mathematics, including probability, statistics, numerical analysis and compound interest.
• Collaborative communication skills and eagerness for continuous learning.

Responsibilities

• Cluster Modeling Project – optimize model compression to improve runtime.
• Updating experience studies to analyze frequency and severity across demographics.
• SAS Asset Reporting Tool – analyze changes across projections to understand future performance.
• Analyze FX rate impacts on international insurance and retirement businesses to guide strategy.
• Identify model elements impacted by economy, design tests, analyze results, summarize findings.

Skills

Actuarial exams

Communication

Data analysis

Education

Actuarial Science

Statistics

Mathematics

Tools

SAS

Excel

Actuarial modeling tools

Job description

Principal Financial Group invites you to join its internship program to support actuarial services across multiple lines of business. You will gain exposure to cluster modeling, experience studies, and FX rate analysis while building practical skills under a mentor.

Current enrollment or recent degree in actuarial science or related fields is preferred, with a focus on exams toward an FSA. The program emphasizes collaboration, learning, and hands-on projects within a Fortune 500 environment.