Summer 2027 Intern - Actuarial Science
About The Position
An actuarial science internship with American Family Insurance Company provides the opportunity to not only learn about the profession and insurance industry but also build your personal skillset and explore your career interests. Our summer student internship is a 10 - 14 week program that starts in mid to late May and ends in August. During your internship, you’ll work on similar projects to our full-time employees that make a difference at our company, with our customers, and in our communities. Interns may be eligible for a one-time hiring bonus to assist with housing costs depending upon proximity to an American Family office. Our actuarial interns also gain exposure to different areas of our business. Our interns will be placed with a particular team, but will also be assigned a mentor from another team and will have the opportunity to attend trainings from all areas of the business. We have internship roles available in the following areas: Auto Pricing, Actuarial Tools & Data, Rate Indications, Property Ratemaking, Specialty Lines Ratemaking, Predictive Modeling & Research, Commercial Lines Ratemaking (P&C), Loss Reserving & Forecasting (P&C), Life & Health Actuarial (Modeling, Pricing, Reserving).
Requirements
- Must be in student status at an accredited 4-year college or university during the internship.
- Must be pursuing a Bachelors, Masters, or PhD.
- Major/program must align with internship role.
- Proficiency in Microsoft Excel and other data analysis tools.
- Due to the nature of this role, we are unable to consider candidates who require visa sponsorship.
Responsibilities
- Assist in the preparation and analysis of actuarial data for pricing, reserving, and financial reporting.
- Help develop and maintain actuarial models and tools.
- Conduct analysis on industry trends and regulatory changes.
- Develop an understanding of our business, corporate culture and structure to support your work.
- Contribute creative ideas and strategic approaches in response to changing situations.
- Collaborate with team members to gather and interpret data for multiple projects.
- Prepare reports and presentations to communicate findings.
- Participate in team meetings and contribute to discussions on actuarial methodologies and best practices.
Benefits
- Comprehensive medical, dental, vision and wellbeing benefits
- Competitive 401(k) contribution
- Pension plan
- Annual incentive
- 9 paid holidays
- Paid time off program (23 days accrued annually for full-time employees)
- Student loan repayment program
- Paid-family leave
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Career Level
Intern
Education Level
Associate degree
