Milliman · 21 hours ago
Actuarial Intern
Little Falls, NJ
Internship
Onsite
Intern
$23/hr - $46/hrMilliman is an independent consulting firm delivering market-leading services and solutions to clients worldwide. They are seeking a motivated college student for a part-time Actuarial Intern position to provide support to actuarial consultants and gain hands-on experience in the actuarial field.
ConsultingBig DataProperty & Casualty InsuranceAnalyticsInsurTech
Responsibilities
Preparing basic actuarial and financial calculations and other client deliverables
Performing data analysis using Excel and proprietary Milliman programs to assist with consulting for various employee benefits work areas
Collaborating within a project team, including consultants, project managers, analysts, and other interns, to deliver client reports and deliverables
Supporting senior staff in various projects
Qualification
Required
Motivated college student for a part-time internship
This is a 12-month position, required to be in-office at our Little Falls, NJ location spending 10-15 hours a week, starting by April 6, 2026
Flexible with college students' schedules and encourage applicants who can balance academic commitments with professional experience
Current sophomore or junior who is pursuing a degree with a focus in mathematics or actuarial science
Strong technical abilities
Excellent communication and interpersonal skills
Self-driven attitude
Intellectual curiosity, teamwork, and a passion for learning
Preferred
Currently pursuing a bachelor's degree in Mathematics, Statistics, Actuarial Science, Economics, or another major with quantitative coursework
Recommended for sophomores and juniors
No actuarial exams are required, but an interest in pursuing actuarial exams is preferred
Experience with spreadsheets, with proficiency in Microsoft Excel preferred (including formulas, pivot tables, and basic modeling)
Strong analytical and problem-solving skills with attention to detail
Effective communication skills and collaboration abilities
Prior internship(s) or actuarial-related work experience is beneficial but not required
Strong time management skills, and ability to handle multiple tasks efficiently
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