Crop Insurance Actuarial Intern

Endurance Services Limited • Lenexa, KS

5d

About The Position

Sompo has a unique opportunity for a Summer 2027 Crop Insurance Actuarial Intern with its AgriSompo group. The 10-week internship provides students with challenging opportunities in the crop insurance industry, including structured learning, networking events, and interaction with executive team members. The role is described as based remotely and requiring approximately 25% travel; the posting also says the position will be based in the corporate office in Lenexa, Kansas.

The intern will receive hands-on training working closely with experienced actuaries and gain knowledge of 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. Primary duties include assisting senior actuaries with pricing and research, including line-of-business studies, individual account pricing, and general reporting. The intern will also participate in leadership learning, networking activities, and a project presented to their manager and mentor.

Requirements

• Currently enrolled in a bachelor's degree program.
• Minimum GPA of 3.3.
• Actuarial candidates must have successfully passed and/or be sitting for at least one CAS Exam.
• Strong analytical, quantitative, and interpersonal skills.
• Good communication skills and ability to collaborate as part of a team.
• Strong proficiency using Microsoft Office, including Excel, Word, and PowerPoint.
• At least 18 years old.
• Authorized to work in the United States without restriction.

Responsibilities

• Assist senior actuaries with pricing and research, including 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 leadership learning, networking events and activities, and a project to present to a manager and mentor.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern