Internships are short-term work experiences for a designated period of time that allow college students the opportunity to observe and participate in the professional work environment, to explore how his/her interests relate to possible careers, and to gain practical experience in an industry relating to their field of study. This position would be part of the Insure Your Future program for candidates based in Iowa. Typical assignments in the Actuarial function include an introduction to the business, product development, financial reporting, and risk management. Projects may include: Compile data for experience analyses and prepare related reports, Assessing current and new product designs for feasibility in the marketplace, Translating product specifications into valuation assumptions for new products, Pricing of new and existing product designs to ensure that Division profit goals are met, Assisting in statutory, GAAP, and tax valuation and other miscellaneous reserving requirements, Assist with quarterly ALM risk profiles, investment income budget, regulatory reserve adequacy testing and determination, and other actuarial valuation, Building and running computer asset/liability models using actuarial modeling software, Conversion of existing actuarial systems to new platforms, Automate processes by writing programs or macros.