Actuarial Leadership Internship

Talcott Financial Group; Connecticut; Hybrid; USD 40,000 - 50,000; Full time

Job summary

Talcott Financial Group’s Summer Actuarial Leadership Program is a ten-week, hybrid internship hosted at our Hartford, CT campus. Interns work Tue-Thu on site with industry professionals in Actuarial, Enterprise Risk Management, or Investments, tackling pricing, valuation, financial reporting and risk assessment.

Participants gain hands-on experience plus enrichment activities and a final presentation to our Chief Actuary, developing technical, business and leadership skills for a career in life

Qualifications

• Pursuing a Bachelor’s Degree in actuarial science, mathematics, economics or similar concentration.
• Eligible candidates entering sophomore year or beyond with a 3.5 GPA or better.
• Strong preference for passing at least 1 of the SOA actuarial exams.

Responsibilities

• Assist in pricing, valuation, and financial reporting tasks.
• Support risk assessment and actuarial analyses during the internship.
• Engage in enrichment activities and present final project to leadership.

Skills

Excel

VBA

R

Analytical skills

Communication

Detail oriented

SOA exam

Education

Bachelor’s Degree in actuarial science, mathematics, economics or similar

Tools

Excel

VBA

R

Job description

Talcott Financial Group* is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.

Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $130 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.

Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.

Overview

Talcott’s Summer Actuarial Leadership Program is designed to provide students with a dynamic and rewarding opportunity to deeply immerse themselves in real-life business challenges! As part of this ten-week fast-paced summer program, students work side by side with our industry professionals within one of Connecticut’s largest Actuarial Leadership Training programs! This opportunity shall be a weekly hybrid onsite work arrangement in our contemporary Hartford, Connecticut campus on Tuesday, Wednesday and Thursday. Throughout this experience, students will dive into business assignments that shall expand their technical expertise, business knowledge and leadership skills. Interns will be placed in one of our departments which may include: Actuarial, Enterprise Risk Management, or Investments in support of our product lines (variable annuities, fixed annuities, fixed index annuities or life insurance.) All interns are exposed to a variety of actuarial functions such as pricing, valuation, financial reporting, risk assessment and more!

In addition to hands-on learning, Talcott’s internship program offers an extensive calendar of enrichment activities to support a student’s personal growth! We sponsor frequent social events where our interns can directly interact with members of our actuarial leadership team among many other disciplines. At the conclusion of this internship experience, students will deliver a final presentation to our Chief Actuary and other key members of Talcott’s actuarial community!

Qualifications

• Students pursuing a Bachelor’s Degree in actuarial science, mathematics, economics or a similar concentration
• Eligible candidates shall be entering their sophomore year or beyond with a 3.5 GPA or better
• Strong preference will be given to students who have passed at least 1 of the SOA’s actuarial exams
• Previous internship experience is preferred but not required
• Demonstrated drive for continuous learning and growth
• Strong work ethic and the willingness to “do what it takes” to meet critical objectives
• Keen attention to detail, pride in the ownership of work products and positive attitude
• Excellent verbal and written communication skills
• Aptitude for learning technical software and coding skills, such as Excel, VBA, and R
• Strong critical thinking, analytical, and problem-solving skills
• Desire to continually improve processes while delivering timely and accurate resultsDemonstrated ability to work autonomously while effectively managing conflicting priorities

Compensation

This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition.

• This role is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without current or future visa sponsorship.
• Talcott Financial Group is an equal employment employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug-free workplace. For more information regarding our Privacy Policy, please go to https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html