Capital Management Intern – Summer 2027

National Life Insurance • Addison, TX

6d • Onsite

About The Position

National Life Group is seeking a Capital Management Intern for Summer 2027 to support its digital-first operating model. This internship offers exposure to how a U.S. life and annuity insurer evaluates capital needs, understands capital drivers, and analyzes potential capital impacts from business activities, investments, reinsurance, and regulatory changes. The intern will collaborate with Finance, Accounting, Actuarial, Risk Management, and Investments teams, assisting with capital models, forecasting regulatory and rating-agency capital, and communicating capital implications. The position requires an onsite work schedule, with an expectation of being in the office four days per week (Monday-Thursday), though this is subject to change.

Requirements

• Pursuing degree in Finance, Actuarial Studies, Math, or a similar quantitative field
• Experience with gathering, organizing, cleaning, and interpreting information (e.g. data sets)
• Working exposure with relational databases (e.g. Microsoft SQL, Access) and writing queries
• Working exposure using Analytical and Visualization tools, specifically Tableau & Alteryx
• Ability to translate business needs into effective analytical solutions and models
• Understanding of foundational financial principles, e.g. interest rates, investments, and financial statements (e.g. balance sheet)
• Strong analytical skills with the ability to work in a fast-paced finance environment
• Ability to meet deadlines for recurring reporting and analysis
• Ability to quickly develop professional relationships with others and effectively communicate using various platforms or methods
• Proficiency in Microsoft Office, e.g. Excel
• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
• Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.
• Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention, and intellectual property.

Nice To Haves

• Demonstrate effective communication to various areas of the organization (technical and non-technical)
• Bring creativity, thought leadership, and curiosity to the table; actively participate in forums to contribute and learn
• Strong analytical and critical thinking skills, i.e. a problem solver’s mindset
• Eager to learn, ask relevant questions, seek new knowledge, and make connections
• Enjoy taking on challenges and working towards solutions both collaboratively and independently

Responsibilities

• Update capital analysis on a quarterly and as-needed basis, including data population, error resolution, interpreting results, and preparing presentation materials
• Assist in the preparation of quarterly Risk-Based Capital (“RBC”) calculation and attribution analysis, including validating and summarizing results
• Perform impact analysis of proposed regulatory capital changes for RBC and S&P model
• Collaborate with internal partners to perform assigned duties
• Improve efficiency of working files and processes
• Document capital management processes and procedures
• Perform ad hoc analysis and provide support for capital management activities, responsibilities and communications
• All other duties as assigned

Benefits

• 10-week paid internship (June 1 - August 6) with formal orientation and onboarding
• Networking opportunities with peers and leaders throughout the summer
• Cross-Departmental group project focused on an enterprise-wide solution presented at company-wide event
• Presentation skills coaching sessions
• Learning opportunities throughout program
• Access to mentors (former program participants)
• 401(k) eligibility
• Various paid time off benefits, such as vacation, sick time, and parental leave

What This Job Offers

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