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

Milliman • San Francisco, CA

11d • $21 - $46 • Remote

About The Position

Milliman’s San Francisco Tri-State Property and Casualty practice is seeking motivated students for a Summer 2027 Actuarial Intern role. 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, insurance product development, and state regulatory rate filing support, including work involving climate resilience and telematics.

Over a 10–12-week internship, the intern will work with consultants and project team members, including senior management, and gain exposure to product development, pricing, and reserving. The internship includes on-the-job mentorship from experienced actuaries, actionable career feedback, exam support, and the opportunity to present work to Milliman colleagues.

This is a remote position based in the United States. Work hours may need to be adjusted 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

• Be 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.
• Have passed at least one actuarial exam at the time of application.
• Have experience conducting data analysis using MS Excel.
• Have experience using MS Word, PowerPoint, Outlook, and Teams.
• Have some exposure to SQL, R, and/or Python.
• Have a sincere interest in pursuing an actuarial career in Property and Casualty.
• Have strong in-person and written communication skills to collaborate successfully with colleagues and clients.
• Work well independently and as part of a team, especially in a virtual environment.
• Have excellent time-management skills, including the ability to collaborate across time zones.
• Be able and willing to clearly articulate questions and ideas.
• Demonstrate analytical thinking, including consideration of possible solutions and downstream impacts.
• Show intellectual curiosity about risk, Milliman, and the practice’s work.
• Show enthusiasm for producing accurate, high-quality, professional work with integrity.
• Be legally authorized to work in the United States without needing immigration support or sponsorship from Milliman now or in the future.

Nice To Haves

• Have passed two or more actuarial exams and/or completed one or more VEE requirements at the time of application.
• Have prior internship or related work experience.
• Have experience with SAS, R, SQL, Python, or other modeling or coding languages.
• Have experience with data visualization tools such as Power BI or Tableau.
• Have expertise with statistical and modeling tools such as @Risk, VBA, or STATA.
• Have an interest or intent to pursue actuarial credentials through the Casualty Actuarial Society.

Responsibilities

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

Benefits

• Employee Assistance Program (EAP) providing 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 begins accruing on the first day of work; interns, temporary employees, and seasonal employees earn PTO each pay period at a rate of one hour for every 30 hours worked.
• Pre-tax savings for eligible transit and parking expenses.
• Exam support.
• On-the-job mentorship and career development feedback.

What This Job Offers

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