Overview
Actuarial Intern Penn Mutual
Tracking Code
Actuarial Internships
As an actuarial intern, you’ll be part of an established development program providing meaningful work experience, professional networking and advancement of tangible skills. Our 10-week summer internship program provides opportunities to work in actuarial areas of practice such as pricing, valuation, modeling and product management.
Actuarial Intern – Job Description
Penn Mutual’s Actuarial Interns will gain valuable experience in one of four areas of practice – pricing, valuation, modeling or product management – and have the following opportunities:
- Executive leadership speaker session including discussions with the Chief Actuary, SVP of Product Management, CFO, COO and CEO
- Department Information Sessions
- Advanced Excel and Access training
- Mentoring program
Responsibilities:
- Performs actuarial tasks, which are mathematical and/or higher level clerical nature
- Compiles and categorizes data for experience analyses and prepared related reports
- Prepares schedules of statistics, financial statements, premiums, reserves and benefits, documenting and verifying the factors used in related computations
- Active team member accountable for working towards shared goals and objectives
Required Skills
- Passing an exam is not required for program eligibility, but candidate should be working towards passing exams
- Strong communicator in both written and verbal context
- Ability to plan and prioritize work towards the achievement of personal and corporate objectives
- Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement
- Ability to work with others in a collaborative team environment
Required Experience
- Working towards a degree with a major/concentration in Actuarial Science, Mathematics or a related discipline. Business coursework a plus.
About the Penn Mutual Life Insurance Company
Penn Mutual helps people become stronger. Our expertly crafted life insurance is vital to long-term financial health and strengthens people’s ability to enjoy every day. Working with our trusted network of financial professionals, we take the long view, building customized solutions for individuals, their families, and their businesses. We support our financial professionals with retirement and investment services through our wholly owned subsidiary, Hornor, Townsend & Kent, LLC, member FINRA/SIPC.
Salary Range – $20 -$24 an hour
About Penn Mutual Life Insurance Company
As a mutual company, we take a long-term perspective with the goal of maintaining our strength and stability for the long haul. We make a lot of commitments to our policyholders, and our long-term focus is a big reason we’ve been able to keep those commitments.
