Intern - Actuarial Analyst for 2027

Pekin Insurance; Pekin (IL); Hybrid; USD 25,000 - 33,000; Part time

Benefits offered by this job

Health, Dental and Vision Insurance

Generous 401(k) with company match

Paid Time Off (PTO) with Paid Holidays

Flexible/Hybrid Work Schedule

Paid Volunteer Program

Job summary

Pekin Insurance is offering a summer internship in the Actuarial Analyst team. This internship provides hands-on experience in pricing, reserving, and modeling for personal and commercial lines, with exposure to R and Python as needed.

Eligible students are pursuing a bachelor’s degree with a minimum GPA of 3.0, and willingness to pursue actuarial exams. The program runs 10 weeks with potential extension and offers a hybrid work schedule and benefits.

Qualifications

• Pursuing Bachelor's Degree
• Minimum GPA of 3.0
• Pursuing a bachelor’s degree in mathematics, statistics, or actuarial science

Responsibilities

• Assists with pricing, reserving, and modeling analysis for both personal and commercial lines
• Completes various reports to assist with general company reporting functions
• Uses various quantitative methods and analytical tools to analyze data and turn it into actionable information
• Performs data manipulation and analysis in Excel and SQL (R and Python if needed)
• Performs other duties as assigned

Skills

Teamwork

Communication

Problem solving

Attention to detail

Education

Pursuing Bachelor’s Degree

Minimum GPA 3.0

Math/Statistics/Actuarial science focus

Tools

Excel

SQL

Python

Job description

Looking for more than just an internship? You've found it.

At Pekin Insurance, you're not a number-you're part of something bigger. For over 100 years, we've built a community where people are valued, supported, and empowered to grow. Here, you'll find a workplace where collaboration is real, ideas are welcome, and the work you do truly matters. We're proud to help people through life's toughest moments—and it's our people who make that possible.

From day one, you'll be encouraged to bring your whole self to work, take on meaningful challenges, and grow in ways that matter to you. Learn more about Pekin Insurance Here!

Pekin Insurance’s 2027 Summer Internship Program provides you a work opportunity that makes an impact! Our competitively paid 10-week program. Some interns may have the opportunity to extend their internship beyond the program end date!

With an internship at Pekin Insurance, you'll be able to engage in activities such as:

• Professional development gained through real-world job experiences
• Volunteering within the community
• Networking with Senior Leaders
• Social events and team building exercises
• Mentorship and job shadowing opportunities

Actuarial Analyst Intern

Pekin Insurance is looking for a summer intern to join their Property and Casualty Actuarial department. This internship will allow the candidate to work within the Actuarial department to gain hands on, real world actuarial and business experience. The candidate will have opportunities to work with the pricing, reserving, and research and development (modeling) teams for both personal and commercial lines of business.

What You'll Do

• Assists with pricing, reserving, and modeling analysis for both personal and commercial lines
• Completes various reports to assist with general company reporting functions
• Uses various quantitative methods and analytical tools to analyze data and turn it into actionable information
• Performs data manipulation and analysis in Excel and SQL (R and Python if needed)
• Performs other duties as assigned

What You'll Need

Required

• Pursuing Bachelor’s Degree
• Minimum GPA of 3.0

Preferred or Specialized

• Pursuing a bachelor’s degree in mathematics, statistics, or actuarial science

Certifications and Licenses

• Willingness to actively pursue actuarial exams

Knowledge, Skills & Abilities

Basic ability to:

• Work as a team member and follow directions
• Analyze, organize and prioritize work while meeting multiple deadlines
• Recognize, analyze, and solve a variety of problems
• Work comfortably in a fast-paced work environment
• Communicate effectively in both oral and written form

Basic skill in:

• Completing assignments accurately and with attention to detail

Basic knowledge of:

• Microsoft Office software - Excel, SQL, and Python

Applicants must be authorized to work in the U.S. without sponsorship now or in the future.

Pay Range:

• $18 - $24/hour
• This range is based on the expected level of experience and skills for this position. Final compensation will depend on individual qualifications.
• This position is bonus eligible.

Benefits:

• Health, Dental and Vision Insurance
• Generous 401(k) with company match
• Paid Time Off (PTO) with Paid Holidays
• Flexible/Hybrid Work Schedule
• Paid Volunteer Program

For more information about the benefits we offer, please visit our Careers Page.