Crop Insurance Actuarial Intern

Sompo International • Lenexa, KS

1d

About The Position

Sompo has a unique opportunity for a Summer 2027 Crop Insurance Actuarial Intern in its AgriSompo group. The 10-week internship gives students the opportunity to work in the crop insurance industry through structured learning, networking events, and interaction with executive leaders. The posting describes the role as based remotely and requiring approximately 25% travel, while also stating that the position will be based in AgriSompo North America’s corporate office in Lenexa, Kansas.

The intern will receive hands-on training while working closely with experienced actuaries and learning about the organization’s business units and underwriting philosophy. The program combines on-the-job learning, workplace mentoring, and interaction with actuaries, underwriters, and other business members. The intern will assist senior actuaries with pricing and research, including line-of-business studies, individual account pricing, and general reporting. The program also includes leadership learning, networking, and a project presented to the intern’s manager and mentor.

Requirements

• Currently enrolled in a bachelor’s degree program with a minimum GPA of 3.3.
• Actuarial candidates must have successfully passed and/or be sitting for at least one CAS Exam.
• Demonstrate strong analytical, quantitative, and interpersonal skills, good communication skills, and the ability to collaborate with a team.
• Strong proficiency using Microsoft Office, including Excel, Word, and PowerPoint.
• Must be at least 18 years old.
• Must be authorized to work in the United States without restriction.

Responsibilities

• Assist senior actuaries with pricing and research.
• Help with line-of-business studies, individual account pricing, and general reporting requirements.
• Collaborate with the team to analyze and price contracts, assess risks, and support decisions.
• Analyze historical data and industry trends to calculate risk premiums and forecast outcomes.
• Evaluate the financial impact of transactions on the company’s portfolio and risk exposure.
• Assist in developing and refining pricing methods and strategies.
• Develop predictive models using R Studio, SQL, and other tools to support decision-making.
• Create and enhance financial reports and present insights clearly to stakeholders.
• Support reserve estimation and analysis for key business decisions.
• Participate in structured learning, networking events, and a project presented to the manager and mentor.

What This Job Offers

• Career Level: Intern