Actuarial Internship

COUNTRY Financial is offering actuarial internships in the Life/Health and Property/Casualty divisions for summer 2017 in Bloomington, IL.

  • This is a paid internship. Hourly salary ranges from $19 – $24 based upon the number of exams passed.
  • To be eligible for an internship, candidates must be pursuing a college degree for the duration of the internship
  • This internship is for summer 2017. The internship may be extended into the fall semester; depending on the availability of the student, the needs of the company, and strong work performance.
  • This internship will be located in Bloomington, IL. Eligible interns will have the option to utilize the COUNTRY housing assistance program and receive a stipend for the rent expense paid by COUNTRY directly to the housing company.

Responsibilities will vary depending on which division/department intern is placed:

  • Assist in gathering data, manipulating data, performing calculations, and producing reports
  • Learn basic product designs and features in order to value liabilities and project future cash flows
  • Learn actuarial techniques in pricing, modeling, and reserving
  • Work on projects related to rate-making, profitability analysis, projections, reserving, administration, competitive position, etc.
  • Develop and utilize knowledge of spreadsheets, databases, word processing, and computer programming to fulfill management requests
  • Create tools and reports for the purpose of validation, tracking, auditing, competitive analysis, etc.
  • Develop working knowledge of actuarial software and reporting functionality

Requirements:

  • Pursuing a four year degree in Actuarial Science, Mathematics, or related field
  • One or more actuarial exams passed (preferred)
  • Basic knowledge of general mathematics, interest functions, and principles of insurance
  • Spreadsheet, database, word processing, and/or computer programming skills (preferred)
  • Critical thinking and problem-solving skills
  • Able to work effectively as part of a team
  • Excellent oral and written communication skills

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