Actuarial Intern Life – Summer 2027

FBL Financial Group, Inc. • West Des Moines, IA

1d • Onsite

About The Position

There are currently three (3) internships available. Gain valuable experience as a Life Actuarial Intern. In this role, you will be providing support to actuarial staff and assisting in basic actuarial functions and insurance concepts. As an intern, you will begin to develop a working knowledge of any/all of the following: Life & annuity products, Current laws and regulations impacting the insurance industry, Actuarial software, Valuation and financial reporting, Rate development and product implementation, Model development, Data analytics. Our internship program holds an 80/10/10 approach, meaning that 80% of your work time will involve performing tasks or working on projects within your hired work area. Another 10% of the time, you will be exposed to learning in other areas within your assigned division to get more corporate experience. The final 10% will be spent on shared experiences across the organization, where you will get to really learn about our culture and work environment.

Requirements

• Working toward a college degree in math or actuarial science preferred
• Substantial experience with spreadsheets and be able to utilize spreadsheets to solve actuarial related problems
• Able to analyze and resolve difficult problems using a mathematical approach
• Able to effectively communicate complex analytical problems and solutions
• Dependable
• Able to work full-time (38.75 hours per week)
• Must be able to work on-site in West Des Moines during Summer of 2027
• This position is not eligible for sponsorship for work authorization
• Cannot consider candidates on student visas (J1, F1, etc.)

Nice To Haves

• Completion of an actuarial exam is preferred but not required. SOA transcripts will be required at the time of offer.
• Experience with coding languages and/or data analytics tools preferred.

Responsibilities

• Providing support to actuarial staff
• Assisting in basic actuarial functions and insurance concepts
• Developing a working knowledge of life & annuity products
• Developing a working knowledge of current laws and regulations impacting the insurance industry
• Developing a working knowledge of actuarial software
• Developing a working knowledge of valuation and financial reporting
• Developing a working knowledge of rate development and product implementation
• Developing a working knowledge of model development
• Developing a working knowledge of data analytics

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: Associate degree