Actuarial Intern P&C – Fall 2026/Spring 2027

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

1d • Onsite

About The Position

Are you looking for real-world experience right now? If so, we have an internship for you! Gain valuable experience as a P&C Actuarial Intern. In this role, you will be providing support to actuarial staff and assisting in basic actuarial functions and insurance concepts. Types of projects you can expect to be involved in may include:
Developing rate level and rating factor revisions for the annual line of business rate changes.
Developing a working knowledge of automation to validate rating factors as well as actuarial processes, reports, and exhibits.
Compiling information regarding competitor rating and coverage.
Working with our competitive rating tool and internal data to compile reports and maps relating to competitive prices.
Utilizing SQL and Excel to profile data.
Learning about database structures.
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

• Must dependable and able to work part-time 15-20 hours per week during the 2026/2027 school year from our office in West Des Moines, IA.
• Have knowledge and substantial working experience with spreadsheets and be able to apply to actuarial related problems.
• Have knowledge of programming or statistical software packages such as VBA, SQL, R, or Python.
• Have above average mathematical and analytical ability to be able to analyze and resolve difficult problems.
• Strong analytical, problem-solving, and organizational skills required.
• Have professional oral and written communication skills.
• Applicants must be currently authorized to work in the United States on a full-time, permanent basis.

Nice To Haves

• Working toward a degree in data analytics or actuarial science is preferred.
• Completion of an actuarial exam is preferred but not required.

Responsibilities

• Developing rate level and rating factor revisions for the annual line of business rate changes.
• Developing a working knowledge of automation to validate rating factors as well as actuarial processes, reports, and exhibits.
• Compiling information regarding competitor rating and coverage.
• Working with our competitive rating tool and internal data to compile reports and maps relating to competitive prices.
• Utilizing SQL and Excel to profile data.
• Learning about database structures.

What This Job Offers

• Job Type: Part-time
• Career Level: Intern
• Education Level: No Education Listed