Milliman · 8 hours ago
Actuarial Intern
United States
Internship
Remote
Intern
$23/hr - $46/hrMilliman is an independent company delivering market-leading services and solutions to clients worldwide. The Actuarial Intern will develop actuarial projections, analyze data, assist in deal modeling, and prepare actuarial reports while working independently on various tasks.
AnalyticsConsultingInsurTech
Responsibilities
Develop actuarial projections for life insurance and annuity blocks in MG-ALFA/Integrate
Review, organize and analyze data (e.g., liability in-force data, mortality and/or lapse experience data)
Assist in developing deal models in Microsoft Excel for transaction (i.e., merger, acquisition, financing) assignments
Perform static and dynamic model validations
Assist in preparation of written actuarial reports and opinions
Assist with research projects
Work independently to complete tasks
Qualification
Required
Pursuing a bachelor's degree in actuarial science, mathematics/statistics, or finance
Prior insurance experience in professional setting
Demonstrated experience/interest in programming or data science, including experience with Microsoft Excel and experience with Microsoft Access / AQL, VBA or other database languages such as Python, SAS or R
Has at least two actuarial exams passed (either SOA or CAS) with the expectation to continue sitting for actuarial exams
Desire and ability to interact and communicate effectively (written and oral) with colleagues and clients
Ability to analyze and apply creative problem solving both independently and within a team
Preferred
Familiarity with life/health/annuity products, especially variable annuities, indexed annuities, or indexed universal life
Experience working at life/health/annuity insurer, actuarial consulting practice, or investment firm or investment bank servicing the life insurance industry
Familiarity with fixed income assets, equity derivatives, and interest rate derivatives
Familiarity with statutory and US GAAP reporting
Benefits
Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
401(k) Plan – When an employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan that includes a company matching program and profit-sharing contributions.
Paid Time Off (PTO) – Begins accruing on the first day of work; Interns, Temporary, and Seasonal Employees will earn PTO each pay period, based on 1 hour for every 30 hours worked.
Transportation – Pre-tax savings for eligible transit and parking expenses.
Company
Milliman
Milliman is a risk management, benefits, and technology firm that offers insurance and retirement services.
Founded in 1947
1001-5000 employees
H1B Sponsorship
Milliman has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (36)
2024 (18)
2023 (21)
2022 (29)
2021 (23)
2020 (27)
Funding
Current Stage
Late StageLeadership Team
Kathy Kalstrup
Chief Operating Officer
Amy Litton
DC Operations Support Consultant
Recent News
2026-01-11
Company data provided by crunchbase