Summer 2024 Actuarial Intern - Omaha, NE or Remote

Key Skills

Actuarial , Data Analysis, Statistical modeling

Job Description

Our Actuarial Internship will give you the opportunity to perform challenging work and contribute to a Fortune 500 insurance company. Mutual of Omaha Interns work on real-world actuarial projects, such as analyzing and tracking financial statement results, researching and developing new products, and pricing insurance policies. You will be introduced to a variety of insurance products, including life, health, and annuities. Our mid-summer rotation allows for exposure to multiple areas of the company during your 12-week internship experience.

WHAT WE CAN OFFER YOU:

• Hourly Wage per Passed Exams. Wage increases with each passed exam:
• Undergraduate Actuarial Intern
• One passed exam: $25
• Two passed exams: $26
• Three passed exams: $27
• Graduate Actuarial Intern
• One passed exam: $27
• Two passed exams: $28
• Three passed exams: $29
• Remote opportunity and flexible work schedules.
• 401(k) plan with a 2% company contribution and 6% company match.

WHAT YOU'LL DO:

• Participate in projects as assigned. Assignments may be related to product development, morbidity and mortality tables, financial results, premium persistency, expenses, or other matters as designated by managers.
• Generate and verify data related to various exhibits and reports, applying actuarial and mathematical concepts, formulae, and computer capabilities as necessary for completion of duties.
• Provide senior colleagues with documentation and explanations of computation results, and may research, analyze, and summarize material required by other actuarial personnel.
• Prepare schedules of statistics, premiums, reserves, and benefits assigned, documenting and verifying factors used in the related computations.
• Write small computer programs as an aid in generating and testing actuarial data or provide programmers with actuarial input to assist in the development of such programs.

WHAT YOU'LL BRING:

• You are enrolled in a degree program related to actuarial science, math, statistics, data analytics, economics or other related fields both before and after the internship.
• You have successfully completed one or more Society of Actuaries exam(s) via:
• The University-Earned Credit (UEC) Program
• Traditional exam setting
• You possess an aptitude for statistical interpretation and a working knowledge of actuarial assumptions and formulae.
• You promote a culture of diversity and inclusion, value different ideas and opinions, and listen courageously, remaining curious in all that you do.
• You are able to work remotely with access to a high-speed internet connection and located in the United States or Puerto Rico.

We value diverse experience, skills, and passion for innovation. If your experience aligns with the listed requirements, please apply! 

After applying, for inquiries about your application or the hiring process, please email our Talent Acquisition area at careers@mutualofomaha.com.