Investment & Risk Operations Actuarial Intern - Summer 2026

Venerable

2d•Hybrid

About The Position

The Investment & Risk Operations actuarial interns will have an opportunity to support and gain exposure to several areas across Investment & Risk Operations including: Corporate Risk Management, Investment Data Strategy & Management, Asset and Derivative Operations, and Vendor Risk Management. The Investment & Risk Operations Actuarial Internship positions are based in West Chester, PA adhering to a Hybrid Work Model. This is a summer internship opportunity: Mid-May to Late August. Role and Responsibilities: Building an understanding of variable annuity product features and the primary risk drivers, as well as the assets and derivatives backing these products. Gaining an understanding of market data and various metrics that are used to measure risks associated with variable annuities. Assisting with investment data and market data initiatives across Risk and Finance, which may include data management efforts, such as internal database maintenance, data integrity, business analysis, as well as supporting investment and/or model risk analytics. Using data analysis tools to summarize data extracts, organize data at varying levels, and interpret trends in data for various purposes. Visualizing data summaries, trends, and reconciliation results using Excel, which may include updating and developing Excel spreadsheets with Excel formulae, data utilities, and VBA macros. Supporting operational activities across assets and/or derivatives by working with internal teams and/or external providers. Reviewing current business processes, suggesting improvements such as automation, and using technology to reduce human error where possible. Developing and presenting PowerPoint presentations and/or memorandums to summarize analysis and results for various types of audiences including immediate teams and senior management.

Requirements

Applicants are expected to have a strong mathematical aptitude, solid technical skills, strong written and verbal communication skills, and display personal initiative as well as attention to detail.

Nice To Haves

Strong desire to learn with the ability to work in a cross-functional team environment.
Exposure to additional programming languages (R, Python, VBA, SQL) is a plus.
GPA of 3.0 or higher.
Prior internship or co-op experience is preferred.
Preferred Majors: Actuarial Science, Mathematics, Statistics, Data Science, Finance, Economics or other related majors

Responsibilities

Building an understanding of variable annuity product features and the primary risk drivers, as well as the assets and derivatives backing these products.
Gaining an understanding of market data and various metrics that are used to measure risks associated with variable annuities.
Assisting with investment data and market data initiatives across Risk and Finance, which may include data management efforts, such as internal database maintenance, data integrity, business analysis, as well as supporting investment and/or model risk analytics.
Using data analysis tools to summarize data extracts, organize data at varying levels, and interpret trends in data for various purposes.
Visualizing data summaries, trends, and reconciliation results using Excel, which may include updating and developing Excel spreadsheets with Excel formulae, data utilities, and VBA macros.
Supporting operational activities across assets and/or derivatives by working with internal teams and/or external providers.
Reviewing current business processes, suggesting improvements such as automation, and using technology to reduce human error where possible.
Developing and presenting PowerPoint presentations and/or memorandums to summarize analysis and results for various types of audiences including immediate teams and senior management.