Actuary – 2026 Summer Internship
About The Position
We are seeking a highly motivated Actuarial Intern to support our Corporate Actuarial team. This internship provides handsâon exposure to the analytics that drive key decisions in the annuity and retirement product space. The role focuses on experience studies, assumption development, and data-driven insights across longevity, persistency, utilization, and other key actuarial metrics. This opportunity is ideal for candidates with strong analytical skills and an interest in the complex and evolving world of annuity and retirement products. Mutual of America’s Summer Internship Program provides college students with hands-on corporate experience working with meaningful projects and assignments. Throughout the 8-week program, interns will not only have direct guidance from experienced leaders in their assigned departments but can have the opportunity to attend training classes and planned events with other interns.â¯â¯ At Mutual of America Financial Group, we help people build the assets they need to achieve greater financial security. Our Company is built upon a solid foundation of integrity, excellence, and social responsibility. We were founded in 1945 to provide small and mid-sized nonprofit organizations with pension and retirement-related services, along with leading customer support. Today, we provide these services also to for-profit companies, as well as to governmental entities, Tribal enterprises, institutional investors, and individuals. We work diligently to understand the needs of our customers so we can help them achieve their retirement savings goals. We are committed to bringing talented and motivated people together to help our customers achieve a financially secure future. Visit www.mutualofamerica.com/careers for additional details about life at Mutual of America. You can also follow us on Twitter: @mutualofamerica | Facebook: @mutualofamerica Mutual of America Financial Group provides equal employment opportunity to all qualified employees and applicants for employment regardless of race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, or any other classification prohibited by applicable law.
Requirements
- Only accepting rising Sophomores (grad year May 2029) and rising Juniors (grad year May 2028).
- Must have a minimum overall 3.4 GPA.
- Must be able to commute to NYC 4 days a week (Monday – Thursday)
Nice To Haves
- Progress toward actuarial credentials (at least one exam passed preferred).
Responsibilities
- Support experience studies related to annuities and retirement products, including:
- Mortality and longevity analysis
- Lapse/persistency studies
- Withdrawal and incomeâutilization behavior
- Surrender and partial withdrawal patterns
- Perform data extraction, cleaning, and validation using large policyâlevel datasets.
- Apply statistical and actuarial techniques to evaluate experience and support assumption-setting for pricing, valuation, and risk management.
- Assist in updating and automating experience study processes using SQL, R, Python, or Excel.
- Develop dashboards and visualizations to convey findings to actuarial leadership and business stakeholders.
- Document methodologies, assumptions, and results clearly and consistently for audit and review.
- Collaborate with valuation, pricing, and risk teams to ensure alignment with enterpriseâwide annuity and retirement assumptions.
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What This Job Offers
Career Level
Intern
Education Level
No Education Listed
