Actuarial Benefit Consulting Services Intern

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    Empower

    10,001+ employeesFounded 2014Greenwood Village, COFinancial Services
    Actively hiringPaidSummer 2027Financial Services
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    Applications close in 58 days

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    About the role#

    Empower is offering a 10-week summer internship for students interested in actuarial benefit consulting. This full-time program provides hands-on experience in financial services through direct involvement in business initiatives, mentorship, and professional development workshops. Interns will work on both individual and group projects, presenting their findings to leadership at the end of the program.

    What you'll do#

    • Analyze client data to develop pension plan liabilities.
    • Reconcile census changes and associated gains or losses.
    • Prepare ERISA funding valuations and government filings.
    • Support annual employer match true-up and non-elective allocation calculations.
    • Assist with cost projections, plan design optimization, and non-discrimination testing.
    • Develop tools and models to improve actuarial workflows.
    • Perform actuarial research and statistical analysis.
    • Build knowledge of defined benefit, defined contribution, and retiree healthcare plans.

    What you'll need#

    • Current enrollment in a bachelor’s or master’s program with at least two years of academic progress.
    • A minimum cumulative GPA of 3.25.
    • Intermediate Microsoft Excel skills.
    • Authorization to work in the U.S. without current or future visa sponsorship.
    • Ability to commute to Hartford, Connecticut for the full 10-week program from June 2, 2027, to August 6, 2027.
    • Expected graduation and availability for full-time employment by mid-2028.
    • Preferred majors include Mathematics and Statistics.
    • Passage of one or more Society of Actuaries exams is preferred.
    • Proficiency in VBA or Python is preferred.
    • Comfort working with large datasets.

    Location & details#

    • This internship is located in Hartford, Connecticut.
    • The role requires on-site, in-person attendance.
    • This is a paid, full-time position.
    Relevant fieldsMathematicsStatistics

    About Empower

    Empower provides wealth management, retirement, and investment services to individuals and organizations. The company operates as the second-largest recordkeeper in the United States. It was founded in 2014 and maintains its headquarters in Greenwood Village, Colorado. The firm employs over 10,001 people.

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