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FBL Financial Group Inc

Actuarial Intern Life Summer 2027

Entry-Level JobVerifiedNo experience needed

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What they do

An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.

$127,674 / year median in Iowa

-2% projected decline

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Job Description

Actuarial Intern Life - Summer 2027 West Des Moines, IA, United States | req6616 Posted on: 8/12/2026 Back to Search Actuarial Intern Life - Summer 2027 •There are currently three (3) internships available•Are you looking for real world experience right now? If so, we have an internship for you! Gain valuable experience as a Life Actuarial Intern. In this role, you will be providing support to actuarial staff and assisting in basic actuarial functions and insurance concepts. As an intern, you will begin to develop a working knowledge of any/all the following: Life & annuity products Current laws and regulations impacting the insurance industry Actuarial software Valuation and financial reporting Rate development and product implementation Model development Data analytics As an intern, you will also participate in corporate activities designed to provide exposure to our industry, organization, and culture. Our internship program follows an 80/10/10 approach: 80% of your time will be spent performing meaningful work and project-based assignments within your department. 10% of your time will be dedicated to learning from and networking with employees in other areas of the organization. 10% of your time will be spent participating in shared internship experiences that provide insight into our culture, leadership, and business operations. What It Takes to
Join Our Team:
Be working toward a college degree in math or actuarial science preferred. Completion of an actuarial exam is preferred but not required. SOA transcripts will be required at the time of offer. Have substantial experience with spreadsheets and be able to utilize spreadsheets to solve actuarial related problems. Experience with coding languages and/or data analytics tools preferred. Be able to analyze and resolve difficult problems using a mathematical approach. Be able to effectively communicate complex analytical problems and solutions. Be dependable and able to work full-time (38.75 hours per week), on-site in West Des Moines during Summer of 2027. Get your career started on the right track and apply for an internship with us today!
Visa Sponsorship:
 This position is intended to groom potential applicants for full-time roles at Farm Bureau Financial Services. These positions are not eligible for sponsorship for work authorization, therefore, if you require sponsorship for work authorization now or in the future, we cannot consider your application at this time. Due to the fact student visas (J1, F1, etc...) are time-limited, we regret we cannot consider candidates on student visas.