2025 Summer Intern - Life/Health Actuarial

About the position

As a Summer Intern in the Life/Health Actuarial Department at State Farm, you will engage in meaningful projects that enhance your technical and business skills. This internship offers a collaborative environment where you will analyze risks, develop innovative pricing methods, and research industry trends, all while receiving mentorship and training from experienced professionals.

Responsibilities
• Complete innovative and meaningful project work in a collaborative environment.
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• Assess risk and financial needs for insurance products.
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• Develop innovative methods and applications to enhance insurance product pricing.
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• Research company and emerging industry trends and hot topics.
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• Participate in extensive training programs, mentoring programs, and leadership opportunities.

Requirements
• Currently enrolled in an undergraduate or post-graduate program in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management, or other analytical fields.
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• Minimum GPA of 3.25, with a preference for a GPA above 3.5.
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• Experience with data and statistical analysis in Excel, SQL, R, and/or Python.
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• Intention to earn the ASA/FSA designation.
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• Strong communication, interpersonal, organization, leadership, and critical thinking skills.
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• Rising Seniors must have completed at least one Society of Actuaries or Casualty Actuarial Society actuarial exam, with a preference for two or more exams.

Nice-to-haves

Benefits
• Competitive pay of $30/hour plus an additional dollar per hour for each Actuarial exam passed.
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• Eligibility for a $2,000 stipend for selected interns.
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• Direct experience that can be leveraged for future career opportunities.
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• Mentoring and development opportunities to help you succeed.
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• Involvement in volunteer opportunities to give back to the community.

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