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Role Summary

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HIGHLIGHTS

Actuarial internship in Milliman's Chicago Life & Financial Services practice, focusing on Mergers & Acquisitions or Financial Risk Management. Interns support valuation, modeling, hedging, and risk analysis for major life insurance transactions. Compensation is $23-$46/hour. Hybrid work in Chicago office.

JOB DESCRIPTION SUMMARY

  • Support M&A valuation and due diligence for life insurers
  • Build stochastic models for hedging and capital analysis
  • Develop actuarial models using MG-ALFA and VBA
  • Hybrid role with weekly in-office presence in Chicago
  • Ideal for students with 1+ SOA exams in actuarial science

DOMAIN EXPERTISE

  • No domain expertise specified

KEY REQUIREMENTS

  • Enrolled in Bachelors/Masters in Actuarial Science or related
  • At least 1 Society of Actuaries exam completed
  • Actively pursuing FSA, FRM, or CFA designation
  • Prior internship experience preferred
  • Work in-person in Chicago office weekly

TECH STACK

  • Excel
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Role Summary

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HIGHLIGHTS

Actuarial internship in Milliman's Chicago Life & Financial Services practice, focusing on Mergers & Acquisitions or Financial Risk Management. Interns support valuation, modeling, hedging, and risk analysis for major life insurance transactions. Compensation is $23-$46/hour. Hybrid work in Chicago office.

JOB DESCRIPTION SUMMARY

  • Support M&A valuation and due diligence for life insurers
  • Build stochastic models for hedging and capital analysis
  • Develop actuarial models using MG-ALFA and VBA
  • Hybrid role with weekly in-office presence in Chicago
  • Ideal for students with 1+ SOA exams in actuarial science

DOMAIN EXPERTISE

  • No domain expertise specified

KEY REQUIREMENTS

  • Enrolled in Bachelors/Masters in Actuarial Science or related
  • At least 1 Society of Actuaries exam completed
  • Actively pursuing FSA, FRM, or CFA designation
  • Prior internship experience preferred
  • Work in-person in Chicago office weekly

TECH STACK

  • Excel

Job Overview

Salary
$48k - $96k
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for a student in actuarial science with at least one SOA exam, interested in life insurance M&A and risk management, and eager to build modeling skills in MG-ALFA and VBA.

Student

Benefits

Employee Assistance Program401(k) PlanPaid Time OffCommuter Benefits
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
$48k - $96k
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for a student in actuarial science with at least one SOA exam, interested in life insurance M&A and risk management, and eager to build modeling skills in MG-ALFA and VBA.

Student

Benefits

Employee Assistance Program401(k) PlanPaid Time OffCommuter Benefits
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 Internship/Co-Op (May 2027 Start) - FRM, Life, LTS

Milliman

Life/Consultancy/Intern Level
Milliman

Actuarial Intern - Summer 2027 Internship/Co-Op (May 2027 Start) - FRM, Life, LTS

Milliman

Chicago, Illinois · Hybrid · Today

Life Annuity Other

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