Actuarial Internship - Summer 2027

Auto-Owners Insurance

Michigan

Hybrid

USD 28,000 - 41,000

Full time

14 days+

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Job summary

Auto-Owners Insurance in Lansing, Michigan invites motivated actuarial students to join our Actuarial Division as an actuarial (ratemaking) intern. This in-person summer internship offers hands-on experience with loss projections and reporting within a supportive team.

The internship runs Monday–Friday, 37.5 hours per week, with typical shifts from 8:00 am–4:30 pm or 7:30 am–4:00 pm. Most interns start mid-May and stay through mid-August, overlapping mentors.

Qualifications

  • Students must be working toward a bachelor’s degree in Actuarial Science, Math, Predictive Analytics, or a related field and have completed at least two years of the curriculum.
  • Strong mathematical and actuarial aptitude with ability to perform statistical modeling.

Responsibilities

  • Become familiar with using and understanding insurance manuals and principles.
  • Evaluate frequency, severity, and premium trends for purposes of projecting future losses based on historical loss data.
  • Effectively communicate with other employees through verbal and/or written means.
  • Organize and provide management with reports to aid in decision making.
  • Participate in both formal and informal training sessions.

Skills

Math aptitude
Actuarial science
Statistical modeling
Excel
Access
Communication
Adaptability

Education

Bachelor’s degree in Actuarial Science/Math/Analytics

Tools

Excel
Access

Job description

A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.


Job Description Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated individual to join our Actuarial Division as an actuarial (ratemaking) intern.



  • Become familiar with using and understanding insurance manuals and principles.

  • Evaluate frequency, severity, and premium trends for purposes of projecting future losses based on historical loss data.

  • Effectively communicate with other employees through verbal and/or written means.

  • Organize and provide management with reports to aid in decision making.

  • Participate in both formal and informal training sessions.


This summer internship is in person in Lansing, Michigan and has full-time hours (Monday - Friday for 37.5 hours/week). Schedule start times can vary, as working hours should overlap that of your mentor's as best as possible. Two of the most common shifts are 8am - 4:30pm or 7:30am - 4pm. Interns choose their start and end dates. Most join in mid-May and most stay until mid-August.


Desired Skills & Experience


  • Students must be working toward a bachelor’s degree in Actuarial Science, Math, Predictive Analytics, or a related field and have completed at least two years of the curriculum.

  • High aptitude for mathematics and actuarial sciences

  • Experience with statistical modeling and related software

  • Proficient in Microsoft Excel and Access

  • Above average communication skills (written and verbal)

  • Ability to adapt to constant change and innovation


*Please note that the ability to work in the U.S. without current or future sponsorship is a requirement.


Auto-Owners Insurance is a mutual insurance company with a simple human sense approach to business. This means we answer the phone because it's ringing, we treat people like they're people, and we believe the right way is the human way. Established in 1916 and headquartered in Lansing, Michigan, we currently operate in 26 states. We partner with independent agencies to sell our products to the communities we serve, and we are consistently acknowledged for our superior customer service. We are proud to have been ranked among the Fortune 500 every year since 2002.


Auto-Owners Insurance is an equal opportunity employer. The Company hires, transfers, and promotes on the basis of ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state or local law.

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