Crop Insurance Actuarial Intern

Endurance Business Services Ltd. (UK); Lenexa (KS); On-site; USD 30,000 - 41,000; Full time

Job summary

AgriSompo North America is offering a Summer 2027 Crop Insurance Actuarial Intern position. The 10-week internship provides structured learning, networking events, and mentor interaction, with approximately 25% travel to experience other business areas.

As an Actuarial Intern, you will work closely with experienced actuaries to price, research, and develop models while gaining exposure to underwriting and business units within the crop insurance sector. The role is based in Lenexa, Kansas.

Qualifications

• Enrolled in a bachelor's degree program with a minimum GPA of 3.3.
• Actuarial candidates must have successfully passed and/or be sitting for at least one CAS Exam.
• Strong analytical and quantitative and interpersonal skills, good communication skills, and team collaboration.
• Proficient in Microsoft Office (Excel, Word, PowerPoint).
• Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction.

Responsibilities

• Assist Senior Actuaries with pricing and research; help with line of business studies, individual account pricing and general reporting requirements.
• Collaborate with the team to analyze and price contracts, assess risks and support decisions; analyze historical data and industry trends to forecast outcomes.
• Develop and refine pricing methods and strategies; create predictive models using R Studio, SQL, and other tools to support decision-making.
• Create and enhance financial reports, presenting insights clearly to stakeholders; support reserve estimation and analysis for key business decisions.

Skills

Analytical skills

Quantitative skills

Interpersonal skills

Communication

Team collaboration

Education

Bachelor’s degree student

Tools

Microsoft Office

Job description

As one of the leading writers of Federal Crop Insurance, AgriSompo North America combines industry experience, resources, capital and talent to deliver both traditional and innovative crop insurance and productivity tools to farmers, ranchers, insurers and agribusinesses in the United States. Our organization operates within a culture rooted in ethics, integrity and a belief that accountability, collaboration and agility are crucial to long-term success.

AgriSompo North America is a part of AgriSompo, Sompo International's global agriculture platform. This platform is an integrated underwriting, technology and distribution platform delivering innovate insurance and reinsurance solutions to agriculture partners worldwide. Sompo International, AgriSompo's parent company, is a global organization driven by its core values, a carrier that holds promise, trust and the commitment to protect. Through operating subsidiaries, Sompo International writes agriculture, casualty and other specialty, professional lines, property, marine/energy and aviation lines of insurance and catastrophe, property, casualty, professional lines and specialty lines of reinsurance.

As a leading provider of crop insurance and other agricultural risk management tools, we recognize that our success is derived directly from those whose contributions matter most: our people. AgriSompo North America has major offices in Lenexa, Kansas and Des Moines, Iowa as well as regional offices around the country. A shared commitment to integrity, accountability, collaboration and agility define our culture, and we strive to create exceptional value for our clients and shareholders and maintain AgriSompo North America as a desirable place to work.

Job Description

Sompo has a unique opportunity for a Summer 2027 Crop Insurance Actuarial Intern for our AgriSompo group.

Our 10-week Internship program offers students challenging opportunities to work within the crop insurance industry and includes structured learning, networking events, and interaction with members of our executive team. Based remotely, the role will require approximately 25% travel to experience other areas of the business.

As an Actuarial Intern, you will receive hands-on training by working closely with highly experienced actuaries, gaining in-depth knowledge of the organization's business units and underwriting philosophy. The program combines on-the-job learning, workplace mentoring, and interaction with Actuaries, Underwriters, and other business members.

Location: This position will be based in our corporate office in Lenexa, Kansas!

What can I expect as an Intern?

• On-the-job Learning: Your primary duties will be to assist Senior Actuaries in the department with pricing and research. This will include help with line of business studies, individual account pricing and general reporting requirements.
• Activities, Learning and Development: Throughout the program, you will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to your manager and mentor.
• Additional experiences & opportunities: Collaborate with the team to analyze and price contracts, assessing risks and supporting decisions; Analyze historical data and industry trends to calculate risk premiums and forecast outcomes; Evaluate the financial impact of transactions on the company's portfolio and risk exposure; Assist in developing and refining pricing methods and strategies; Develop predictive models using R Studio, SQL, and other tools to support decision-making; Create and enhance financial reports, presenting insights clearly to stakeholders; Support reserve estimation and analysis for key business decisions.

What will I need to be as an Intern?

• Currently enrolled in a bachelor's degree program with a minimum GPA of 3.3
• Actuarial candidates must have successfully passed and/or be sitting for at least one CAS Exam
• Demonstrate strong analytical and quantitative and interpersonal skills, good communication skills, and team collaboration
• Strong proficiency using Microsoft Office (Excel, Word, PowerPoint)
• Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction

Salary Range

Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values-Accountability, Agility, Collaboration, Development, and Int