Company Overview

Alfa Insurance® is an A-rated insurance carrier that offers an excellent array of auto, home, life, farm and business insurance products. Alfa® is known for its superior customer service and boasts 94% claims satisfaction. Since its humble beginnings in 1946, Alfa and its affiliates now serve more than 1 million customers across 14 states.

Working as a Life Actuary Intern for Alfa Insurance offers a remarkable opportunity that extends beyond the stereotype of a typical internship. It entails interning at a revered company built on principles of faith, family, community, and unwavering integrity.

Our goal is to provide a structured and formal internship experience for our interns to immerse themselves in our culture, gain insight into the insurance industry, and explore various career opportunities within an insurance company.

Alfa focuses on creating a learning atmosphere that offers our interns exposure to various departments and the opportunity to collaborate with mentors. Each week, the interns participate in engaging and enjoyable workshops during our "Midweek Mixers." You are not confined to a single profession or department; instead, they were given the opportunity to explore all departments and gain a comprehensive understanding of how an insurance company operates cohesively.

Given the prevailing stereotypes associated with internships at companies and firms, Alfa is determined to challenge expectations and provide a truly valuable experience. As part of this effort, the interns are treated as integral members of the team, receiving meaningful tasks and collaborating closely with mentors and other employees across various departments.

Our interns not only acquired knowledge about how an insurance company operates but also develop lasting relationships, both professionally and personally.

Responsibilities

Support Alfa's life product pricing, design, and profitability analysis, including assumptions review and sources of earnings analysis.
Help develop and enhance Alfa's proprietary R-based actuarial models. Perform user acceptance testing on model changes made by other actuarial staff.
Support actuarial reserve valuation and financial reporting for Alfa's life and annuity products
Review and analyze industry white papers, peer-company benchmarking data, and competitive survey data. Present findings to actuarial, underwriting, and analytics staff.

Qualifications

Rising Junior or Senior in a 4-year university
Actuarial Science or Mathematics major
Computer skills and ability to learn new programs (Microsoft Office)
Good communication skills
Team player

Auburn University at Montgomery offers student guest housing options. Click to learn more.

Company Overview

Alfa Insurance® is an A-rated insurance carrier that offers an excellent array of auto, home, life, farm and business insurance products. Alfa® is known for its superior customer service and boasts 94% claims satisfaction. Since its humble beginnings in 1946, Alfa and its affiliates now serve more than 1 million customers across 14 states.

Working for Alfa Insurance® is more than just an internship. It's becoming part of a well-respected company that is based on our core 4 values of faith, family, community and integrity.

Alfa offers a variety of internship opportunities including Human Resources, Finance & Investments, Claims, Marketing & Sales, Product & Data Management, Actuary, Accounting, Business Innovation, Technology, and more! Our goal is to provide a structured and formal internship experience for talented students to immerse themselves in our culture, gain insight into the insurance industry, and explore various career opportunities within an insurance company.

The Alfa Internship Opportunity

Alfa focuses on creating a learning atmosphere that offers our interns exposure to various departments and the opportunity to collaborate with mentors. Each week, the interns participate in engaging and enjoyable workshops during our "Midweek Mixers." Our interns are not confined to a single profession or department; instead, they are given the opportunity to explore all departments and gain a comprehensive understanding of how an insurance company operates cohesively.

Given the prevailing stereotypes associated with internships at companies and firms, Alfa is determined to challenge expectations and provide a truly valuable experience. As part of this effort, our interns are treated as integral members of the team, receiving meaningful tasks and collaborating closely with mentors and other employees across various departments.

Alfa is committed to developing the next generation of leaders by creating leaders worth following. The interns have a special session in our award-winning Leadership Academy to help them gain self-awareness, embrace change, implement innovative processes and critical thinking. Our professional development focus also includes sharing valuable insights on seeking employment by having mentors conduct mock interviews with the interns using their new and improved resumes. We offer helpful tips to help the interns understand what to look for in a place of work. Even after the internship program, Alfa keeps your resumes on record as potential candidates for future opportunities. The interns have not only acquired knowledge about how an insurance company operates but have also developed lasting relationships, both professionally and personally.

Alfa's internship program is structured to give a memorable experience and reflects the company's Alfa aims to find candidates who proudly represent the company. If you are seeking a rewarding and enjoyable internship experience, consider applying for an internship with Alfa Insurance®.

Student Housing Options available at Auburn University of Montgomery.

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