Summer 2027 Intern – Actuarial Benefit Consulting Services
About The Position
Empower’s Summer Internship Program offers an immersive 10-week experience designed to develop rising professionals with an interest in financial services. Our interns thrive in a fast-paced, growth-oriented environment while gaining valuable insights into our business, culture, and mission. Each intern is paired with a dedicated manager, mentor, and executive sponsor, and will work on a meaningful summer project. This program includes: Hands on-experience with real business initiatives, Exposure to senior leadership and cross-functional teams, Networking opportunities, Professional and personal development workshops. At the conclusion of the internship, each intern presents their work to business leaders, showcasing the impact they’ve made.
Requirements
- Currently enrolled in a college or university (Bachelor’s or Master’s program)
- Minimum cumulative GPA of 3.25
- Available for full 10-week program (June 2, 2027 to August 6, 2027)
- Must reside near or be able to reliably commute to Hartford, CT. This is an in-person internship
- Intermediate Microsoft Excel skills
- Authorization to work in the U.S. without current or future visa sponsorship (CPT/OPT not supported)
- Interest in applying your love of math, data, and science to inform business strategy
- Strong verbal and written communication skills
- Ability to work independently and within a collaborative team
- Critical thinking and problem-solving mindset
- Self-directed with a proactive approach to learning
- Professional curiosity and eagerness to explore new tools and ideas
- Demonstrated accountability and follow-through on individual or team-based goals
Nice To Haves
- At least 2 years of academic progress toward a bachelor’s degree
- Expected to graduate and be available for full-time employment by mid-2028
- Preferred majors: Actuarial Science, Statistics, Mathematics, other relevant math-focused majors
- Passage of one or more Society of Actuaries exams preferred
- Comfortable working with large datasets
- Microsoft Office products including Visual Basic for Applications (VBA) and/or Python coding knowledge preferred
Responsibilities
- Understanding defined benefit, defined contribution, and retiree healthcare plans, as well as equity compensation and consumer directed health solutions
- Analyzing client data used to develop pension plan liabilities
- Reconciling census changes and associated gains/losses
- Preparing ERISA funding valuations and government filings
- Supporting annual employer match true-up and non-elective allocation calculations
- Assisting with single and multi-year cost projections, plan design optimization projects, and complex non-discrimination testing
- Developing tools and models to streamline actuarial workflows or support analysis of plan data
- Performing actuarial research and statistical analyses
- Learning to work in a collaborative environment and build professional skills
- Delivering an assigned individual and group project
- Contributing to both an individual project and collaborative team initiatives
- Delivering meaningful contributions and results, with ongoing support, guidance, and feedback from your team.
Benefits
- Flexible work environment
- Fluid career paths
- Internal mobility
- Purpose, well-being, and work-life balance
- Welcoming and inclusive environment
- Volunteering for causes that matter most to them
- Networking opportunities
- Professional and personal development workshops
- Bonus program (for non-sales positions)
- Sales incentives (for sales positions)
- Bonus plan (for sales positions)
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
Associate degree
