Capital Management Intern – Summer 2027

Socket.dev; Addison (TX); On-site; USD 26,000 - 39,000; Full time

Benefits offered by this job

Paid internship

Onsite schedule

Mentors

Cross-department projects

Job summary

National Life Group in Addison, TX is offering a 10-week paid Capital Management internship to expose you to capital evaluation, RBC calculations, and regulatory impacts within a leading life and annuity insurer. You will collaborate across Finance, Accounting, Actuarial, Risk Management, Investments, and other teams, updating models, forecasting changes, and communicating capital implications.

The program is onsite four days a week with core days Mon–Thu, includes mentorship and

Qualifications

• Pursuing degree in Finance, Actuarial Studies, Math, or a similar quantitative field.
• Experience with gathering, organizing, cleaning, and interpreting information (e.g. data sets).
• Working exposure with relational databases and writing queries (e.g. SQL, Access).
• Experience with Analytical/Visualization tools, specifically Tableau & Alteryx.
• Ability to translate business needs into analytical solutions and models.
• Understanding of financial principles (interest rates, investments, financial statements).
• Strong analytical skills for a fast-paced finance environment.
• Ability to meet deadlines for recurring reporting and analysis.

Responsibilities

• Update capital analysis on a quarterly basis, including data population, error resolution, interpreting results, and presenting materials.
• Assist in RBC calculation and attribution analysis, validating results.
• Perform impact analysis of proposed regulatory capital changes for RBC and S&P model.
• Collaborate with internal partners to perform assigned duties.
• Improve efficiency of working files and processes.
• Document capital management processes and procedures.
• Perform ad hoc analysis and support capital management activities.

Skills

Data analysis

SQL queries

Tableau

Alteryx

Finance knowledge

Communication

Time management

Education

Pursuing degree in Finance/Actuarial Studies/Math

Tools

Microsoft SQL

Access

Tableau

Alteryx

Job description

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.

Please note that we do not offer visa sponsorship for this position.

Position Summary

At National Life Group, we are modernizing our business and adapting our customer experience to a digital-first operating model. We aim to activate, engage, inspire, and connect with buying and selling customers to increase production, deepen relationships, and create meaningful connections grounded in our mission and purpose. Measuring progress and performance through meaningful insights is central to our transformation.

The Capital Management internship will provide exposure to how a leading U.S. life and annuity insurer evaluates current and projected capital needs, understanding the drivers of changes in capital and risk-based capital ratios, and provide insight into potential capital impacts from business activities, investment decisions, reinsurance deals, and regulatory developments. The intern will collaborate cross-functionally across Finance, Accounting, Actuarial, Risk Management, Investments, and other corporate teams.

The Capital Management Intern will support the company’s efforts to monitor, analyze, forecast, and manage its financial strength, capital position, and risks by assisting with updating and validating capital models, analyzing and forecasting changes in regulatory and rating-agency capital, and understanding and communicating capital implications for the company, in addition to activities such as process improvements and documentation activities.

This position currently offers an onsite work schedule, with the expectation that you will be in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.

Responsibilities

• Update capital analysis on a quarterly and as-needed basis, including data population, error resolution, interpreting results, and preparing presentation materials
• Assist in the preparation of quarterly Risk-Based Capital (“RBC”) calculation and attribution analysis, including validating and summarizing results
• Perform impact analysis of proposed regulatory capital changes for RBC and S&P model
• Collaborate with internal partners to perform assigned duties
• Improve efficiency of working files and processes
• Document capital management processes and procedures
• Perform ad hoc analysis and provide support for capital management activities, responsibilities and communications
• All other duties as assigned

Minimum Qualifications

• Pursuing degree in Finance, Actuarial Studies, Math, or a similar quantitative field
• Experience with gathering, organizing, cleaning, and interpreting information (e.g. data sets)
• Working exposure with relational databases (e.g. Microsoft SQL, Access) and writing queries
• Working exposure using Analytical and Visualization tools, specifically Tableau & Alteryx
• Ability to translate business needs into effective analytical solutions and models
• Understanding of foundational financial principles, e.g. interest rates, investments, and financial statements (e.g. balance sheet)
• Strong analytical skills with the ability to work in a fast-paced finance environment
• Ability to meet deadlines for recurring reporting and analysis
• Ability to quickly develop professional relationships with others and effectively communicate using various platforms or methods
• Proficiency in Microsoft Office, e.g. Excel

AI Proficiency Expectations

At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.

• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
• Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.
• Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention, and intellectual property.

Core Competencies

• Service Focus - Demonstrates a client centric focus for satisfying one’s external and/or internal customers; establishes and maintains effective relationships with customers and gains their trust and respect.
• Decision Making - Makes sense of complex information, critically evaluates, and creates solutions.
• Results Oriented - Sets performance and personal goals; Driven to meet or exceed goals and objectives.
• Plans and Aligns - Plans and prioritizes work to meet commitments aligned with organizational goals; Aligns people and skills to tasks and assignments; Evaluates results of work.
• Demonstrates Learning Agility - Enhances skills and knowledge through continuous learning; Focuses on personal results by establishing stretch goals; Seeks feedback and changes accordingly.
• Establishes Relationships - Builds partnerships with others to instill trust, collaborate, and meet shared objectives.
• Communicates Effectively - Actively listens, conveys messages to meet different audience needs, and remains open to new ideas and opinions.
• Fosters Diversity - Values diversity and difference in thought, experience, and perspective; Promotes an environment that embraces diversity, equity, and inclusion; Supports equal and fair treatment for all.

HOW YOU SHOW UP

• Highly reliable, engaged and possess a customer service attitude
• Demonstrate effective communication to various areas of the organization (technical and non-technical)
• Bring creativity, thought leadership, and curiosity to the table; actively participate in forums to contribute and learn
• Strong analytical and critical thinking skills, i. e. a problem solver’s mindset
• Eager to learn, ask relevant questions, seek new knowledge, and make connections
• Enjoy taking on challenges and working towards solutions both collaboratively and independently

Program Highlights

• 10-week paid internship (June 1 - August 6) with formal orientation and onboarding
• Networking opportunities with peers and leaders throughout the summer
• Cross-Departmental group project focused on an enterprise-wide solution presented at company-wide event
• Presentation skills coaching sessions
• Learning opportunities throughout program
• Access to mentors (former program participants)

Base Pay Range. The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.

Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.

National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.

Hourly Pay Range

$19 — $28 USD

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.

Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.

Social Media Policy

Site Disclosure and Privacy Policy

National Life Group

1 National Life Dr

Montpelier, VT 05604