Actuarial Intern

Why Join Stand: At Stand, you’ll help build a new class of global property protection. We use advanced physics and AI to model catastrophic risk at the asset level, then automate underwriting and mitigation before loss occurs. Insurance is simply the current delivery mechanism. The real product is a scalable risk engine.

We stay when traditional insurers exit. We model what others approximate. And we build systems that change outcomes, not just prices.

Background: The property insurance industry is built to price loss after it happens. It relies on coarse proxies, backward-looking data, and manual processes, then accepts damage as unavoidable.

Stand takes a different approach. We simulate how real-world catastrophes affect individual properties, translate that into actionable decisions, and automate the business around it. The result is a platform that can underwrite what others can’t and operate with far less friction.

Location: Onsite in Seattle or San Francisco

Background: Stand is a new insurance startup revolutionizing how society assesses, mitigates, and adapts to climate risks. We’re building next-generation insurance products by combining actuarial rigor with deterministic physics models and advanced data science. Our work helps homeowners better understand and reduce risk—while enabling insurers to price risk more accurately and reward mitigation.

We’re seeking a highly motivated Actuarial Summer Intern to work closely with our Actuarial team and broader Insurance Product, Underwriting, and Data Science teams. This internship offers hands-on exposure to real-world property insurance pricing problems at the intersection of climate risk, technology, and regulation.

Role Description: As an Actuarial Summer Intern at Stand Insurance, you will support the development and analysis of property insurance pricing models with a focus on climate-intensified risks such as wildfire. You’ll gain practical experience working with real insurance data, contributing to live pricing work, and learning how actuarial analysis informs product strategy, underwriting, and regulatory decisions.

This is an immersive, project-based internship designed for students considering a career in actuarial science, insurance analytics, or risk modeling—especially those excited about climate, data, and startups.

Core Responsibilities:

• Support the insurance product and actuarial team in building, testing, and refining property insurance pricing models

• Analyze policy, exposure, and loss data to identify trends, drivers of loss, and pricing insights

• Help validate and summarize outputs from catastrophe, climate, or risk models for actuarial use

• Prepare clear charts, tables, and written summaries to communicate findings to technical and non-technical audiences

• Collaborate with Underwriting, Product, and Data Science teams on ad hoc analytical projects

• Contribute to documentation and internal actuarial tools as needed

Must-Haves:

• Currently pursuing a Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Data Science, Economics, or a related field

• At least 1 actuarial exam passed (or sitting for an exam in the next 6 months)

• Strong analytical and quantitative skills

• Familiarity with Excel and at least one programming or analytical tool (e.g., R, Python, SQL)

• Ability to work independently, manage time effectively, and ask thoughtful questions

• Interest in property insurance, catastrophe risk, or climate-related problems

What You’ll Gain:

• Hands-on experience with real pricing work in a live insurance product

• Direct mentorship from an experienced Actuary in a high-impact role

• Exposure to how actuarial analysis connects to underwriting, product, and strategy

• A front-row seat to how climate risk is reshaping property insurance

Compensation:

Interns will be compensated at a rate of $30/hour.

Additional Benefits:

• Comprehensive benefits including above-market Health, Dental, Vision

• Weekly lunch stipend

• Flexible time off

• 1-day a week WFH flexibility

• 401k plan

Equal Opportunity Employment

Stand is an equal opportunity employer and does not discriminate on the basis of protected veteran status, disability, or other legally protected status. We believe that diversity enriches the workplace, and we are committed to growing our team with the most talented and passionate people from every community.

We are committed to providing reasonable accommodations for qualified individuals. If you require assistance

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.