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Actuarial Summer Internship

NorthwesternMutual

Milwaukee, WI, United States permanent

Posted: August 28, 2017

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Quick Summary

We're looking for an Actuarial Intern to join our team in Milwaukee, WI, and help us build relationships with clients and employees.

Job Description

You and Northwestern Mutual. We believe relationships are built on trust. That our lives and our work matter. And we’re much stronger together than we are apart. These beliefs launched our company nearly 160 years ago. Today, they’re just a few of the reasons why people choose to build careers at Northwestern Mutual.

Our business is about helping people secure their financial futures, and that starts with putting people first – our clients, our employees and our field representatives. Northwestern Mutual is known for financial strength. We’re strong, innovative and growing. Come grow with us.

At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company 160 years ago. Today, they're just a few of the reasons why people choose to build careers at Northwestern Mutual.

We're strong and growing. In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We're strong, innovative and growing.

We invest in our people. We provide opportunities for employees to grow themselves, their career and in turn, our business.

We care.  We make a positive difference in our communities. Nationally, thousands have benefitted from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they're passionate about.

 

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

 

What's the role?Actuarial interns work under the direction of a credentialed actuary in any one of the following roles:

 

-  Experience studies

-  Valuation

-  Risk management

-  Corporate modeling

-  Life, Long Term Care, Disability Income, or Annuity Pricing

 

As an Actuarial Intern, you will engage in work that is equivalent to that of a fulltime employee. Projects can include pricing new products and studying our experience to make recommendations for changes in assumptions. Interns will utilize their skills to research problems, analyze data, and present their findings.

 

Along with engaging work, interns will meet with several actuaries in senior level leadership positions both within the actuarial department and throughout the company. There are also opportunities to meet with senior executives, including the CEO!

 

Northwestern Mutual wants to make the most of your internship experience. We incorporate study hours in your work day, and facilitate supplemental events. You will have the opportunity to participate in plenty of fun activities including a golf outing, Milwaukee Brewers baseball game, kickball league, picnic, poker night, and more.

 

Bring Your Best! What this role needs:-  Actuarial Science or related major, preferably having completed Freshman year

 

-  3.00 GPA Minimum

 

-  Must have strong analytical and communications skills, and evidence of a strong work ethic

 

-  Able to work 40 hours per week during the summer of 2018

 

-  Successful completion of an SOA exam and prior actuarial internship experience preferred

 

-  A working knowledge of Excel or similar office tools is recommended

 

Req ID: 16682
Position Type: Internship
Education Experience: Other
Employment Experience: 0-2 years
Licenses/Certifications:
FLSA Status: Non-Exempt
Posting Date: 08/18/2017

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