Actuarial Internship

Standard Insurance Company • Portland, OR

1d • Remote

About The Position

The Standard's summer internship program for future actuaries provides opportunities for students to gain exposure to the actuarial profession and the company’s culture. Interns will learn about various insurance products and actuarial functions, work with actuaries from across the organization, and gain insight into other operational areas including IT, Underwriting, HR, Claims, and Marketing through leader lunches and speaker series. The program operates in a flexibility-first environment that combines remote work with a focus on building diverse communities and strong teams. Interns will be assigned to one of several actuarial teams and may work on tasks such as product development, pricing, valuation, experience studies, financial reporting, systems testing, process automation, and modeling. Interns work full-time and the internship is expected to be fully remote, with potential for office visits. A key component of the internship is a final presentation by each intern to actuarial leaders, outlining their projects and learnings. Interns graduating within a year of completion may be considered for the actuarial student rotation program.

Requirements

• Applicants must be enrolled as full-time students for the duration of the internship
• Rising sophomores, juniors, seniors and students pursuing advanced degrees are welcome to apply
• Preferred majors in Actuarial Science, Mathematics, Statistics, or related field
• Strong analytical skills as demonstrated by previous work experience, course of study and/or actuarial exams
• Knowledge of MS Excel, MS Access, and/or other general programming languages such as SQL and Python

Responsibilities

• Gain exposure to the actuarial profession and the company’s culture
• Learn about various insurance products and actuarial functions
• Work with actuaries from across the organization
• Learn about actuarial practices
• Gain insight into other operational areas including IT, Underwriting, HR, Claims, and Marketing through leader lunches and speaker series
• Work in our flexibility-first environment
• Be assigned to work in one of the actuarial teams – Employee Benefits, Retirement Plans, Individual Disability Insurance, Individual Annuities, Actuarial Transformation or Corporate Actuarial and Risk Management
• Potentially work in product development, pricing, valuation, experience studies, monthly and quarterly financial reporting, production reporting, systems testing, process automation, or modeling
• Lead a presentation outlining their projects, experiences, and learnings from the summer to a group of actuarial leaders

Benefits

• Up to three days of paid time off, plus paid holidays
• Scheduled programming to network with actuaries and interns across the company (e.g., Coffee with the CEO, careers workshop)
• Interns are provided equipment (i.e., laptop, monitor) needed to work from home
• Virtually attend the company’s First Day Orientation
• Real-world experiences and meaningful projects that support your career goals
• Supportive and responsive management team eager to help with skills development
• Opportunities to build relationships and broaden industry knowledge through virtual networking with leaders and team members across the company
• Three days of paid time off and paid company holidays during your internship period
• A virtual first day orientation and the equipment necessary (e.g., laptop, monitors, headset) for a successful internship experience

What This Job Offers

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