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NM
Northwestern Mutual
Actuarial Intern, 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.
$120,566 / year median in Wisconsin
-1% projected decline
Job Description
Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more! Actuarial Internship As an actuarial intern, you will work alongside your manager, mentors, and team to complete tasks critical for Northwestern Mutual's success. We are here to help you both identify and continue to develop your future career goals and passions. Actuarial interns work under the direction of a credentialed actuary in any one of the following roles: Life, Long Term Care, Disability Income, or Annuity Pricing Risk Experience Analytics Corporate Modeling Valuation Interns will utilize their skills to research problems, analyze data, and present their findings. Study hours are incorporated into the workday. In addition, actuarial interns have opportunities to learn about the different products the company offers and to network with actuaries in senior leadership positions both within the actuarial department and throughout the company. Bring Your Best! What this role needs. Minimum qualifications Pursuing a Bachelor's degree in Actuarial Science or related field from an accredited college or university Cumulative grade point average of 3.0 or higher Employer immigration sponsorship is not available for this role Working knowledge of Excel or similar office tools Preferred skills and proficiencies Successful completion of an SOA exam preferred Previous actuarial internship and/or relevant project experience preferred Effective oral and written communication skills Demonstrated analytical and problem-solving ability High degree of self-motivation, passion, and a drive to learn Ability to balance multiple priorities Next steps We encourage you to apply! Once your application is reviewed, if selected to move forward, a member of the team will reach out regarding next steps of our recruiting process.