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Actuarial Intern - Summer 2027

Actuarial Internship

Time Frame: May 31, 2027, to August 6, 2027

Work Location: In-Person (Madison, WI)

Pay Range: $24.00-$32.00/hour, depending on the number of actuarial exams/modules passed and prior internship experience

Financial Aid: Potential eligibility for housing support, transportation accommodation, and relocation reimbursement 

Positions: 4-6 interns

Eligibility:  Students pursuing undergraduate or graduate degrees with an expected graduation date of December 2027 or later are encouraged to apply. We welcome applications from candidates who now or in the future may require company sponsorship for an immigration-related employment benefit.

Why intern at TruStage?  Click Here.
 

Company Description:

Join TruStage at our corporate headquarters in Madison, WI as an Actuarial Intern!
 

TruStage has product lines in the property and casualty, life and annuities, and retirement and pension areas. It is the perfect place for an actuary who is early in their career and unsure about whether to pursue a designation with the Society of Actuaries or the Casualty Actuarial Society. Our internship will help you build relationships within our walls and out in the community. You will help us create a more innovative and equitable financial system—ensuring a brighter financial future is accessible to everyone.
 

TruStage has received numerous awards for being a top place to work: TruStage awards and recognition
 

Job Purpose: 
We are looking for an analytical individual with a demonstrated understanding of actuarial and statistical concepts. The Actuarial Intern will be an active member of a team and do meaningful work to help the company further its mission of creating a brighter financial future for everyone. Work may be part of a larger project with multiple contributors or individually driven. In this internship, you will gain exposure to a corporate environment and have access to senior leadership. Attention to detail, willingness to learn from mistakes, independence, and clear communication are necessary to succeed in this internship. 

 

Job Responsibilities: 

  • Supporting property & casualty, life, annuity, retirement, or health practice areas
  • Creating and running actuarial programs on PolySystems, GGY Axis, ResQ, Python, SQL, or R
  • Maintaining and enhancing spreadsheets
  • Visualizing data in Power BI or Excel
  • Performing experience studies to set reasonable actuarial assumptions
  • Calculating interest rates and dividends
  • Pricing, reserving, or modeling
  • Making recommendations
  • Presenting and explaining your work to others

The above statement of duties is not intended to be all-inclusive, and other duties will be assigned from time to time.

 

Job Requirements:

  • Working towards a relevant degree or equivalent work experience
  • Strong analytical, critical thinking, problem-solving, and decision-making skills
  • Demonstrated interpersonal and customer service skills
  • Excellent communication skills
  • Intellectual curiosity and the desire to learn

 

Preferred Experience:

  • Pursuit of a bachelor’s degree or higher in Actuarial Science, Risk Management & Insurance, Mathematics, Statistics, Economics, Finance, or related field
  • Working knowledge of Microsoft Excel, including formulas, PivotTables, lookup functions, and data validation techniques used to support actuarial analysis, spreadsheet maintenance, and reporting.
  • Passed 1 or more SOA or CAS actuarial exams (but not required)
  • Prior internship experience (but not required)