Summer 2027 Actuarial Intern - San Francisco Tri-State P&C - Remote U.S.

Milliman • San Francisco, CA

10d • Remote

About The Position

Milliman’s San Francisco Tri-State Property and Casualty practice is hiring summer 2027 actuarial interns for a 10–12-week program. The practice has about 50 employees and consults with insurance carriers, reinsurers, and self-insureds on loss reserving and pricing. Its work also includes predictive modeling, innovative insurance products, state regulatory rate filing support, climate resilience, and telematics.

Interns work alongside consultants and project team members, including senior management, and gain exposure to product development, pricing, and reserving. They receive on-the-job mentorship and actionable feedback, and conclude the internship with an opportunity to present to colleagues. The program supports actuarial development through exam support and interaction with senior colleagues.

This is a remote position based in the United States. Interns may need to adjust their work hours to accommodate team time zones and project deliverables. Housing and relocation assistance are not provided. Applicants must be legally authorized to work in the United States without current or future immigration support or sponsorship from Milliman.

Requirements

• Currently pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field, with at least one semester of school remaining.
• At least one actuarial exam passed at the time of application.
• Experience conducting data analysis using Microsoft Excel.
• Experience using Microsoft Word, PowerPoint, Outlook, and Teams.
• Some exposure to SQL, R, and/or Python.
• Sincere interest in pursuing an actuarial career in Property and Casualty.
• Strong in-person and written communication skills to collaborate with colleagues and clients.
• Ability to work independently and within a team, including in a virtual setting.
• Excellent time-management skills, including collaboration across time zones.
• Ability and willingness to clearly articulate questions and ideas.
• Analytical thinking, including consideration of possible solutions and downstream impacts.
• Intellectual curiosity about risk, Milliman, and the practice’s work.
• Enthusiasm for producing accurate, high-quality professional work with integrity.
• Legally authorized to work in the United States without the need for current or future immigration support or sponsorship from Milliman.

Nice To Haves

• Two or more actuarial exams passed and/or one or more VEE completed at the time of application.
• Prior internship(s) or related work experience.
• Experience using SAS, R, SQL, Python, or other modeling or coding languages.
• Experience with data visualization tools such as PowerBI or Tableau.
• Expertise with statistical and modeling tools such as @Risk, VBA, or STATA.
• Interest or intent to pursue actuarial credentials through the Casualty Actuarial Society.

Responsibilities

• Use Excel to prepare data analyses and check data for accuracy and consistency through peer review.
• Use predominantly SAS, Python, and R for predictive modeling with GLMs and nonlinear methods to support rate analyses.
• Draft written reports and exhibits, and prepare internal and external correspondence.
• Prepare and submit state regulatory filing support documents.
• Conduct research projects of varying scope.
• Collaborate with consultants and project team members, including senior management.
• Present work to Milliman colleagues at the conclusion of the internship.

Benefits

• Employee Assistance Program (EAP) offering confidential support for personal and work-related challenges.
• 401(k) plan with company matching and profit-sharing contributions after an employee reaches 1,000 hours worked within 12 consecutive months.
• Paid time off accrues from the first day of work; interns, temporary, and seasonal employees earn PTO each pay period at one hour for every 30 hours worked.
• Pre-tax savings for eligible transit and parking expenses.
• Milliman provides access to skills training, career development, learning, and mentoring opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern