Summer 2027 Actuarial Intern

Voya Financial; United States; On-site; USD 17,000 - 21,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Tuition reimbursement

Paid time off

Volunteer time

Job summary

Voya Financial in the United States is offering an actuarial internship that provides a robust corporate experience working closely with your manager as a core team member. You’ll perform actuarial tasks of a mathematical nature, assist with data compilation, and contribute to rate filings and financial statements while developing analytical problem-solving and teamwork skills.

We offer health, retirement plans, tuition reimbursement, generous PTO and volunteer time, with a focus on your

Qualifications

• Undergraduate or Graduate students with an anticipated graduation date of December 2027 or later in a field such as Data Analytics, Mathematics, Actuarial Science, Risk Management or Computer Science and a GPA of 3.2 or above.
• Technical experience with Excel and Visual Basic, Microsoft Access and SQL, or Python.
• Knowledge of finance, insurance industry, investment, or actuarial fields.
• Understanding of insurance products and operations.
• Detail oriented with strong analytical problem-solving skills.

Responsibilities

• Perform actuarial tasks which are mathematical and/or higher clerical in nature.
• Compile and categorize data, documenting and verifying factors used in computations (loss and expense reserves, rate filings, schedules of statistics, financial statements, premiums, benefits, pricing).
• Other duties and projects as assigned.

Skills

Data analytics

Mathematical skills

Analytical problem-solving

Team collaboration

Education

Undergraduate/Graduate with dec 2027+

GPA 3.2+

Tools

Excel

Visual Basic

Microsoft Access

SQL

Python

Job description

Together we fight for everyone’s opportunity for a better financial future.

We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

Get To Know The Opportunity

Actuarial interns will have a robust and rich corporate experience working closely with their manager and as an integral member of their assigned team.

The Contributions You’ll Make

Actuarial interns will perform some (but may not perform all) of the functions below:

• Perform actuarial tasks which are of a mathematical and/or higher clerical nature
• Compile and categorize data, documenting and verifying factors used in computations, such as those used in evaluating loss and expense reserves, preparing rate filings, schedules of statistics, financial statements, premiums, benefits and establishing rating and pricing levels
• Other duties and projects as assigned

Preferred Knowledge & Experience

• Undergraduate or Graduate students with an anticipated graduation date of December 2027 or later with a degree based in a field such as Data Analytics, Mathematics, Actuarial Science, Risk Management or Computer Science and a GPA of 3.2 or above.
• Technical experience with any of the following platforms is a plus: Microsoft Excel and Visual Basic, Microsoft Access and SQL, or Python
• Knowledge of finance, insurance industry, investment, or actuarial fields.
• Understanding of insurance products and operations.
• Detail oriented with strong analytical problem-solving skills.

Compensation Pay Disclosure

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$17 - $21 USD

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

Critical Skills

• Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Reasonable Accommodations

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.