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Role Summary

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HIGHLIGHTS

Summer 2027 actuarial internship at Transamerica, a large life insurance and retirement solutions provider. The role offers exposure to pricing, valuation, ALM, and product development. Interns will work hybrid in Cedar Rapids, IA (or Baltimore, MD or Philadelphia, PA) with a schedule of 3 days in office and 2 days remote. Ideal for freshmen, sophomores, or juniors with at least one SOA exam passed. The pay is $24–29 per hour plus an intern allowance.

JOB DESCRIPTION SUMMARY

  • Compile data for experience analyses and prepare reports
  • Assess product designs and translate specifications into valuation assumptions
  • Price new and existing product designs to meet profit goals
  • Assist with statutory, GAAP, and tax valuation and ALM risk profiles
  • Build asset/liability models using actuarial software and automate processes

DOMAIN EXPERTISE

  • No domain expertise specified

KEY REQUIREMENTS

  • Enrolled full-time as a freshman, sophomore, or junior
  • Major in Actuarial Science, Mathematics, or Statistics preferred
  • At least one SOA exam passed (strongly preferred)
  • Strong mathematical and analytical skills with attention to detail
  • Knowledge of MS Excel and at least one programming language (Python, R, or VBA)

TECH STACK

  • Excel
  • Access
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Role Summary

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HIGHLIGHTS

Summer 2027 actuarial internship at Transamerica, a large life insurance and retirement solutions provider. The role offers exposure to pricing, valuation, ALM, and product development. Interns will work hybrid in Cedar Rapids, IA (or Baltimore, MD or Philadelphia, PA) with a schedule of 3 days in office and 2 days remote. Ideal for freshmen, sophomores, or juniors with at least one SOA exam passed. The pay is $24–29 per hour plus an intern allowance.

JOB DESCRIPTION SUMMARY

  • Compile data for experience analyses and prepare reports
  • Assess product designs and translate specifications into valuation assumptions
  • Price new and existing product designs to meet profit goals
  • Assist with statutory, GAAP, and tax valuation and ALM risk profiles
  • Build asset/liability models using actuarial software and automate processes

DOMAIN EXPERTISE

  • No domain expertise specified

KEY REQUIREMENTS

  • Enrolled full-time as a freshman, sophomore, or junior
  • Major in Actuarial Science, Mathematics, or Statistics preferred
  • At least one SOA exam passed (strongly preferred)
  • Strong mathematical and analytical skills with attention to detail
  • Knowledge of MS Excel and at least one programming language (Python, R, or VBA)

TECH STACK

  • Excel
  • Access

Job Overview

Salary
$50k - $60k
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for a freshman/sophomore/junior student majoring in Actuarial Science, Mathematics, or Statistics with at least one SOA exam passed, who wants to gain hands-on experience in life insurance/annuity pricing, valuation, and ALM at a large, established insurer.

Benefits

Relocation Assistance
Fresh Role
Premium Window
0d
Posted Today

Strategy: Maximize Application Quality

Applications submitted within 72 hours are 2x more likely to land an interview.

"Recruiters are actively watching. Take time to tailor your keywords."

Job Overview

Salary
$50k - $60k
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for a freshman/sophomore/junior student majoring in Actuarial Science, Mathematics, or Statistics with at least one SOA exam passed, who wants to gain hands-on experience in life insurance/annuity pricing, valuation, and ALM at a large, established insurer.

Benefits

Relocation Assistance
Fresh Role
Premium Window
0d
Posted Today

Strategy: Maximize Application Quality

Applications submitted within 72 hours are 2x more likely to land an interview.

"Recruiters are actively watching. Take time to tailor your keywords."

Actuarial Intern (Summer 2027)

Transamerica

Life/Insurer/Intern Level
Transamerica

Actuarial Intern (Summer 2027)

Transamerica
Cedar Rapids, Iowa, United States•2h ago
HybridLife Annuity Other

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