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Auto-Owners Insurance Company

Actuarial Internship - Summer 2027

Pay: Not specified

Posted: 5 weeks ago

Location: Lansing, MI (Onsite)

Last Updated: 1 week ago

Hours: Full-Time

Expires: 10/8/2026

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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.

$119,769 / year median in Michigan

+1% projected growth

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Job Description

A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs. Job Description Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated individual to join our Actuarial Division as an actuarial (ratemaking) intern. The position, which is an in-person internship, requires the person to: Become familiar with using and understanding insurance manuals and principles. Evaluate frequency, severity, and premium trends for purposes of projecting future losses based on historical loss data. Effectively communicate with other employees through verbal and/or written means. Organize and provide management with reports to aid in decision making. Participate in both formal and informal training sessions. This summer internship is in person in Lansing, Michigan and has full-time hours (Monday

Friday for 37.5 hours/week). Schedule start times can vary, as working hours should overlap that of your mentor's as best as possible. Two of the most common shifts are 8am
4:30pm or 7:30am
4pm.

Interns choose their start and end dates. Most join in mid-May and most stay until mid-August. Desired Skills & Experience Students must be working toward a bachelor's degree in Actuarial Science, Math, Predictive Analytics, or a related field and have completed at least two years of the curriculum. High aptitude for mathematics and actuarial sciences Experience with statistical modeling and related software Proficient in Microsoft Excel and Access Above average communication skills (written and verbal) Ability to adapt to constant change and innovation Equal Employment Opportunity Auto-Owners Insurance is an equal opportunity employer. The Company hires, transfers, and promotes on the basis of ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state or local law.

Please note that the ability to work in the U.

S. without current or future sponsorship is a requirement. #LI-DNP #IN-DNI