Actuarial Intern

Boston Mutual Life Insurance Company • Canton, MA

6h • Hybrid

About The Position

All Boston Mutual employees who interact with our policyholders, our producers, and our BML associates embrace the principles of our brand and service philosophy. We are all brand ambassadors. Both our words and our behaviors matter. We share a common service philosophy and pride ourselves in living the BML brand promises every day, one interaction at a time.

The following statements represent what Boston Mutual stands “FOR” – it is what makes us different and better in the market we serve. 

We are FOR being a progressive life insurance company offering financial peace of mind to working Americans and their families.
We are FOR providing practical and affordable products designed for those we serve. 
We are FOR making it easy to secure a level of financial protection with a portfolio of products – beginning with life insurance.
We are FOR providing a personalized customer experience to our policyholders and producers.
We are FOR acting in the best interests of our policyholders, producers, employees, and the communities in which we live and serve – representing the goodness of mutuality in all we do.

We do our best to: 

Demonstrate a desire to assist.
Listen to understand and respond empathetically.
Explain things in a manner that is easy to understand.
Be knowledgeable students of our business.
Take full ownership to resolve questions and issues.
Be professional, polite, and courteous.
Leave our customers and associates “better than where we found them.”

We are seeking a highly motivated and detail-oriented Actuarial Intern to join our team for the summer. The Actuarial intern will focus on improving reporting processes and responding to customers’ requests for policy values. The ideal candidate will have an academic background in accounting or finance, coupled with strong report writing skills. This is a hands-on opportunity to work closely with our actuarial, finance, and accounting teams while contributing to important process improvements.

The Actuarial Intern will support the Actuarial team with analytical tasks, data preparation, and project assistance.

Requirements

• Education: Pursuing a degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or related field.
• Experience: Prior internship helpful but not required. Strong proficiency with Excel and financial software applications.
• Communication Skills: Excellent written and verbal communication skills, with the ability to present complex information clearly and concisely.
• Knowledge & Skills: Strong PC skills; familiarity with programming or actuarial tools a plus.
• Analytical Skills: Demonstrates strong critical thinking skills, exceptional attention to detail, and a keen interest in actuarial and actuarial/financial data analysis.
• Team Player: Ability to work collaboratively with cross-functional teams to achieve shared goals.
• Self-motivated with a strong desire to learn and contribute to the organization.
• Ability to work independently and meet deadlines in a fast-paced environment.

Nice To Haves

• Previous internship or coursework related to actuarial, accounting, and/or finance is a plus.

Responsibilities

• Assist in preparing financial reports and documentation
• Support data analysis for pricing, valuation, and experience studies
• Maintain actuarial models and spreadsheets
• Perform data validation and quality checks
• Support the conversion of in-force policies from the legacy environment to the new platform
• Assist with research and special projects
• Collaborate with Actuarial and other business areas

What This Job Offers

• Career Level: Intern