Actuarial Internship

The Standard • Portland, OR

1d • $25 - $27 • Remote

About The Position

The Standard’s summer actuarial internship gives students exposure to the actuarial profession, the company’s culture, insurance products, and actuarial functions and practices. Interns work with actuaries across the organization and learn about operational areas including IT, Underwriting, HR, Claims, and Marketing through leader lunches and speaker series.

Interns are assigned to an actuarial team, which may include Employee Benefits, Retirement Plans, Individual Disability Insurance, Individual Annuities, Actuarial Transformation, or Corporate Actuarial and Risk Management. Work may involve product development, pricing, valuation, experience studies, financial and production reporting, systems testing, process automation, or modeling. Each intern gives a presentation at the end of the internship about their projects, experiences, and learning to actuarial leaders from across the organization. Interns expected to graduate within a year of completing the internship may be considered for the actuarial student rotation program upon graduation.

The internship is full-time and expected to be fully remote, with an opportunity to work in the office if circumstances allow. Interns receive equipment for working from home and attend the company’s First Day Orientation virtually.

Requirements

• Be enrolled as a full-time student for the duration of the internship.
• Applicants may be rising sophomores, juniors, seniors, or students pursuing advanced degrees.
• Strong analytical skills demonstrated through previous work experience, course of study, and/or actuarial exams.
• Sponsorship is not available for this internship opportunity.

Nice To Haves

• A major in Actuarial Science, Mathematics, Statistics, or a related field is preferred.
• Knowledge of MS Excel, MS Access, and/or general programming languages such as SQL and Python.

Responsibilities

• Work on an assigned actuarial team and contribute to projects that may involve product development, pricing, valuation, experience studies, monthly and quarterly financial reporting, production reporting, systems testing, process automation, or modeling.
• Learn about insurance products, actuarial functions, and actuarial practices by working with actuaries across the organization.
• Participate in programming and networking opportunities, including leader lunches and speaker series covering other operational areas.
• Present internship projects, experiences, and learnings to actuarial leaders at the end of the internship.

Benefits

• Up to three days of paid time off and paid holidays during the internship.
• Scheduled programming and virtual networking with actuaries, leaders, and interns across the company.
• Real-world experiences and meaningful projects supported by a management team focused on skills development.
• Equipment needed to work from home, such as a laptop, monitor, and headset.
• Virtual First Day Orientation.

What This Job Offers

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