Actuarial Risk Modeling Services - Intern - Summer 2027

PWC; Rosemont (IL); On-site; USD 40,000 - 66,000; Part time

Job summary

PwC is offering an RMS - Intern position in Risk and Compliance within Actuarial Services in the United States. You will support teams, learn to build risk models, and analyze data to drive informed decisions that bolster financial stability.

This internship emphasizes developing commercial awareness and applying actuarial concepts. You will observe experienced professionals, gain exposure to PwC practices, and contribute to financial reporting and risk insights while pursuing actuarial

Qualifications

• Pursuing or completed Bachelor's in Actuarial Science, Mathematics or Statistics.
• Minimum 3.0 GPA and commitment to actuarial exams.
• Internships are entry-level; typically early in degree programs.

Responsibilities

• Support teams in developing and validating risk models for financial and operational risk.
• Participate in projects with complex data analysis to extract insights.
• Assist in applying actuarial science to assess risk across industries.
• Engage in financial risk analysis to evaluate uncertainties in decisions.
• Contribute to preparing and presenting financial reports for decisions.
• Collaborate to implement risk model solutions and learn from professionals.
• Apply statistical software to interpret and present data findings.
• Gather information from diverse sources to analyze facts and patterns.
• Take initiative to ask questions and seek feedback for learning.

Skills

Analytical skills

Statistical analysis

Research

Communication

Team collaboration

Education

Bachelor's degree in Actuarial Science/Mathematics/Statistics

Tools

Statistical analysis software

Job description

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 effectivelyObserving 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

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 anequal 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, and collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.