Be an early applicantLess than 25 applicants

Company

Transamerica · 7 hours ago

Actuarial Internship (Summer 2025)

Essington, PA

Internship

Remote

Intern/New Grad

$23/hr - $28/hr

Start in 2025 Summer

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Financial ServicesImpact Investing

Actively Hiring

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Responsibilities

Compile data for experience analyses and prepare related reports

Assessing current and new product designs for feasibility in the marketplace

Translating product specifications into valuation assumptions for new products

Pricing of new and existing product designs to ensure that Division profit goals are met

Assisting in statutory, GAAP, and tax valuation and other miscellaneous reserving requirements

Assist with quarterly ALM risk profiles, investment income budget, regulatory reserve adequacy testing and determination, and other actuarial valuation

Building and running computer asset/liability models using actuarial modeling software

Conversion of existing actuarial systems to new platforms

Automate processes by writing programs or macros

Qualification

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Actuarial ScienceMathematicsStatisticsSOA examMS ExcelComputer programmingVisual BasicRPythonMS AccessLeadership experience

Required

Freshmen, Sophomores, and Juniors enrolled as full-time students, ideally majoring in Actuarial Science, Mathematics, or Statistics.

Most interns will have already passed at least one SOA exam by the time of their internship.

Strong mathematical skills, analytical skills, initiative, and attention to detail.

Strong written and oral communication skills.

Desire to work in a team environment.

Knowledge of MS Excel or other spreadsheet applications.

Knowledge of at least one computer programming language and/or Visual Basic.

Knowledge of R, Python, or similar database applications.

Preferred

Familiarity with MS Access or other database applications.

Previous or current leadership experience.

Benefits

Competitive Pay

Bonus for Eligible Employees

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Disability Insurance

Medical Insurance

Dental Insurance

Vision Insurance

Employee Discounts

Career Training & Development Opportunities

Paid Time Off starting at 160 hours annually for employees in their first year of service.

Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

Adoption Assistance

Employee Assistance Program

College Coach Program

Back-Up Care Program

PTO for Volunteer Hours

Employee Matching Gifts Program

Employee Resource Groups

Inclusion and Diversity Programs

Employee Recognition Program

Referral Bonus Programs