Life Actuary Intern (Summer 2027) - Actuarial Analytics

Ultipro; Indianapolis (IN); On-site; USD 20,000 - 30,000; Full time

Job summary

Ultipro in Indianapolis is offering a Life Actuary Intern position to gain hands-on experience in life insurance products and actuarial modeling. You will work with modeling software to update assumptions, run scenarios, and validate results while developing documentation and presentation skills.

The role emphasizes collaboration, rigorous data analysis, and learning actuarial methodologies applicable to pricing, valuation, and financial planning within the insurance industry.

Qualifications

• Pursuing a bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, Finance, or a related quantitative field.
• Experience using Microsoft Excel.
• Successful completion of at least one Society of Actuaries (SOA) exam preferred.

Responsibilities

• Learn life insurance products basics, including term life, whole life, interest-sensitive life, fixed and payout annuities.
• Update assumptions and run scenarios using actuarial modeling software.
• Compile and analyze data for mortality, lapse, and new business distribution studies.
• Develop controls and trend analyses to support pricing, valuation, and financial planning activities.
• Support reinsurance strategy by monitoring results and researching treaties.
• Prepare reports, charts, graphs, and presentations communicating analytical findings.
• Document methodologies, assumptions, and results to support actuarial processes.

Skills

Excel

Communication

SOA exam

Analytical

Documentation

Education

Actuarial Science / Math / Stats / Data Science / Finance (bachelor's in progress)

Tools

Actuarial software

Job description

Ultipro in Indianapolis is offering a Life Actuary Intern position to gain hands-on experience in life insurance products and actuarial modeling. You will work with modeling software to update assumptions, run scenarios, and validate results while developing documentation and presentation skills.

The role emphasizes collaboration, rigorous data analysis, and learning actuarial methodologies applicable to pricing, valuation, and financial planning within the insurance industry.