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Trustmark

Actuarial Intern

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.

$121,604 / year median in Illinois

-6% projected decline

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Job Description

at Trustmark in Lake Forest, Illinois, United States Job Description The Actuarial Interns will work under various associates in the Actuarial departments within Small Business Benefits and Voluntary Benefits. The program is 10 weeks long from June 7 - August 13, 2027. The position is hybrid, working three days in the office (typically Tuesday, Wednesday, and Thursday), and two days remote. Housing will be provided for interns who live outside a 30-mile radius of our Lake Forest office. Responsible for trying out the day-to-day challenges of real actuarial work and contributes to the financial success of our operating divisions by assisting with pricing decisions, experience analyses, and reporting of financial results.
Key Accountabilities:
+ Preparing actuarial reports under the direction of an actuary. + Running programs to collect and summarize data in Excel to assist actuary in various studies. + Assisting actuary in the analysis of products for which he/she is responsible. + Participating as a team member in both group and individual projects. + Assisting in the review and examination of quarterly and annual statements. + Helping with pricing, experience analysis and forecasting. + Other job-related duties as assigned.
Minimum Requirements:
+ Successful completion of at least one Society of Actuaries exam. + GPA of at least 3.0. + Must be receiving a Bachelor's or Master's degree in winter or spring/summer following the program dates to be considered for the program. + Experience in MS Office. + Excellent mathematical aptitude/skills. + Capable of working quickly and accurately and to recognize and solve problems. + Enjoys working individually and as part of a team. + Ability to develop insights into how the projects worked on furthering the goals of the department/divisions, and the significance of each task that is performed. + Strong initiative. + Detail-oriented. + Excellent oral/written communication skills.
Preferred:
+ Prior experience in MS Office, specifically Excel + Prior work experience. + Strong organizational and project management skills. + Some programming. + Excellent interpersonal and communication skills + Effective problem-solving skills and analytical aptitude. + Demonstrated leadership ability. + Interest in the insurance Industry. The compensation range for this role is the following based on the location of
Lake Forest, Illinois:
$19.36 - $27.97 per hour The final offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.
Brand:
Trustmark Our internship will not only utilize your current skills, but will enhance them as well. Trustmark benefits include an on-site fitness center, subsidized cafeteria, casual/jeans attire, 4½-day work week and many fun educational and social activities! Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business.? We are an equal opportunity employer, including disability and protected veteran status. Join a passionate and purpose-driven team of colleagues who contribute to Trustmark's mission of helping people increase wellbeing through better health and greater financial security. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. When you join Trustmark, you become part of an organization that makes a positive difference in people's lives. You will play a vital role in delivering on our mission of helping people increase wellbeing through better health and greater financial security. Our customers tell us they simply appreciate the personal attention and knowledgeable service. Others tell us we've changed their lives. At Trustmark, you'll be part of a close-knit team. You'll enjoy abundant opportunities to grow your career. That's why so many of our associates stay at Trustmark and thrive. Trustmark benefits from more than 100 years of experience but pairs that rich history with a palpable sense of optimism, growth and excitement for what's ahead - and beyond. This is a place where associates bring their whole selves to work each day. A place where you can be yourself. Whatever your beyond is, you can achieve it at Trustmark. To view full details and how to apply, please login or create a Job Seeker account