Actuarial Risk Modeling Services - Intern - Summer 2027

PwC South Africa; Rosemont (IL); On-site; Confidential; Full time

Job summary

PwC is seeking an RMS Intern in the Actuarial Services group in the Rosemont area to support risk modeling, data analysis, and financial risk assessments while learning PwC's practices.

You will observe professionals, perform basic tasks, and contribute to reports, with travel up to 20% and a salary range of $29.25–$48.00 per hour.

Qualifications

• Currently pursuing or have completed a Bachelor's degree in Actuarial Science, Mathematics, or Statistics.
• Minimum 3.0 GPA overall.
• Before starting full-time at PwC, pass actuarial exams.

Responsibilities

• Support teams in developing and validating risk models to manage financial and operational risks.
• Participate in projects involving complex data analysis to extract meaningful insights.
• Assist in applying actuarial science to assess risk across industries.
• Engage in financial risk analysis to evaluate uncertainties in decisions.
• Contribute to preparation and presentation of financial reports for decision-making.
• Collaborate with team members to implement risk model solutions.

Education

Actuarial Science

Mathematics

Statistics

Job description

Industry/Sector 82100 Non-Life Insurance (inc. P&C) Specialism Actuarial Services Management Level Intern/Trainee Job Description & Summary

The Opportunity As an RMS - Intern, you will immerse yourself in the dynamic world of Risk and Compliance, specifically within our Actuarial Services. You will engage in projects that provide insights and analysis to help businesses manage risk, optimize financial performance, and make informed decisions, driving financial stability and growth. As an Intern, you will support teams by participating in projects, focusing on learning and gaining exposure to PwC's practices. You will perform basic tasks and conduct research while observing professional work environments, contributing to the team's success. Within our Assurance practice, you will have the chance to develop your skills in a supportive environment, where you can apply a learning mindset and take ownership of your development. You will appreciate diverse perspectives and adopt habits to sustain performance and develop your potential. In this role, you will actively listen, ask questions to check understanding, and clearly express ideas. You will gather information from various sources to analyze facts and discern patterns, committing to understanding how the business works and building commercial awareness. This opportunity is a stepping stone to establishing your personal brand and paving the way for future opportunities.

Responsibilities

• Supporting teams in developing and validating risk models to manage financial and operational risks
• Participating in projects that involve complex data analysis to extract meaningful insights
• Assisting in the application of actuarial science to assess risk in various industries
• Engaging in financial risk analysis to evaluate uncertainties in financial decisions
• Contributing to the preparation and presentation of financial reports for decision-making
• Collaborating with team members to implement risk model solutions effectively
• Observing and learning from experienced professionals in the field of risk and compliance
• Applying statistical analysis software to interpret and present data findings
• Gathering information from diverse sources to analyze facts and discern patterns
• Taking initiative to ask questions and seek feedback for continuous learning and development

What You Must Have

• Currently pursuing or have completed a Bachelor's degree in one of the following fields of study: Actuarial Science, Mathematics,Statistics
• At least a 3.0 overall GPA
• Before starting full-time at PwC, meet the educational requirements and demonstrate a commitment to undertaking and passing actuarial exams
• Client service intern positions are considered entry-level roles. Candidates are typically in their third year of a four-year degree program or fourth year of a five-year program at the time of application

What Sets You Apart

• Preference for a 3.5 overall GPA
• Leveraging AI to create efficiencies, innovate ways of working and deliver distinctive outcomes
• Demonstrating understanding of actuarial science principles
• Participating in risk model implementation projects
• Engaging in complex data analysis for financial insights
• Supporting financial risk management initiatives
• Applying statistical modeling techniques in actuarial services

Travel Requirements Up to 20%

Job Posting End Date September 26, 2026

The salary range for this position is: $29.25 - $48.00. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws.

As PwC is an equal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.

PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.

Learn more about how we work: https://pwc.to/how-we-work

For only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws.

At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.

To view other PwC job opportunities, visit pwc.com/careers.

Are you ready to make a difference? Want to unlock new value by applying your unique perspective and talents? You can grow exponentially at PwC. Here, you can uncover hidden talents, build lifelong relationships rooted in trust and empathy and turn challenges into opportunities for innovation. We’ll help you grow your skills through challenging, meaningful work so you can go further.