Intern, Actuarial

EquiTrust Life Insurance Company; West Des Moines (IA); Hybrid; USD 28,000 - 34,000; Part time

Benefits offered by this job

Medical, Dental & Vision coverage

401(k) with Company Match

Paid time off

Parental Leave

Hybrid/Remote Work Options

Early Friday Closure

Job summary

EquiTrust Life Insurance Company is seeking an Actuarial Intern to support product development, pricing, and management for index and fixed annuities, and life insurance. You’ll work with the actuarial team to analyze data, conduct experience studies, and assist with testing.

The internship emphasizes learning, collaboration, and contributing to a culture of inclusivity while developing analytical and problem-solving skills in the insurance industry.

Qualifications

• Pursuing a bachelor’s degree in actuarial science, mathematics, statistics, or a related field.
• Preference for students who have passed at least one actuarial exam (SOA).

Responsibilities

• Perform system testing and quality control for new products, enhancements, and system changes.
• Conduct competitive studies and industry surveys; summarize key findings.
• Collect and analyze data, perform experience studies, and present insights.
• Research and resolve issues using problem-solving and analytical skills.
• Support the actuarial team and other departments on special projects as needed.
• Contribute to a positive, inclusive workplace culture.

Skills

Mathematical analysis

Analytical thinking

Communication skills

Time management

MS Office proficiency

Interpersonal skills

Teamwork and inclusivity

Education

Bachelor’s degree in actuarial science, mathematics, statistics, or related field

High school diploma or equivalent

Tools

Microsoft Office

Job description

Posting Title: Actuarial Intern

Location: West Des Moines, Iowa (Mostly Off-Site)

Employment Type: Intern for Summer 2027

About Us:

EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent agents and independent marketing organizations (IMOs). Since 2003, we have provided exceptional customer service to our clients by operating with integrity and passion. Our efforts are supported by a dedicated workforce who execute their responsibilities through teamwork and an entrepreneurial spirit. EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa.

How You’ll Contribute:

As an Actuarial Intern, you will support product development, pricing, and product management activities for index annuities, fixed annuities, and life insurance. You’ll contribute to evaluating competitor products, monitoring industry trends, and assisting with system testing. This role works closely with actuarial team members and other departments to ensure accuracy, compliance, and innovation. We welcome candidates who are passionate about applying analytical skills to the insurance industry, eager to learn, and committed to contributing to an inclusive and collaborative team.

What You’ll Do:

• Perform system testing and quality control for new products, product enhancements, and system changes.
• Conduct competitive studies, participate in industry surveys, and summarize key findings.
• Collect and analyze data, perform experience studies, and present insights.
• Research and resolve issues using problem-solving and analytical skills.
• Support the actuarial team and other departments on special projects as needed.
• Contribute to a positive, respectful, and inclusive workplace culture.

What You’ll Bring:

Education:

• High school diploma or equivalent required.
• Currently enrolled in a bachelor’s degree program at an accredited university or college, pursuing a degree in actuarial science, mathematics, statistics, or a related field.

Experience:

• Preference for students who have passed at least one actuarial exam (Society of Actuaries).

Knowledge, Skills, and Abilities:

• Strong mathematical, analytical, organizational, and problem-solving skills with attention to detail.
• Effective written and verbal communication skills, with the ability to present complex ideas clearly.
• Ability to manage multiple tasks, prioritize deadlines, and adapt to change.
• Proficiency in Microsoft Office and ability to learn other technology solutions.
• Strong interpersonal skills and professionalism, with a commitment to teamwork and inclusivity.
• Carries out responsibilities in a manner that is consistent with EquiTrust’s Core Values and focus on customer service; helps to create an environment of openness and trust for all employees and strives for continued professional skills development.

Physical Requirements:

• Ability to sit, talk, and hear continuously throughout the workday.
• Frequent use of fine motor skills (typing, using computer software).
• Occasional standing, walking, bending, or reaching.
• Must be able to lift up to 20 lbs occasionally.

Where You’ll Work:

• Location: West Des Moines, Iowa
• Work Arrangements: Mostly Off-Site
• Travel Requirements: Travel not likely/required

Total Rewards:

In addition to base pay, eligible employees may receive an annual discretionary incentive bonus and access to a competitive benefits package including:

• Medical, Dental & Vision coverage:
• 401(k) with Company Match
• Paid time off: Vacation, Sick, Holiday, and more
• Paid Parental Leave for both Mothers and Fathers
• Hybrid/Remote Work Options
• Early Friday Closure

EquiTrust is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws.

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