About the role#
The Life and Retirement Actuarial team is looking for an intern to gain hands-on experience in the development, modeling, and financial analysis of life insurance and annuity products. You will work under the supervision of senior team members to learn how actuarial principles apply to real-world insurance scenarios. This is a paid position for the summer of 2027.
What you'll do#
- Build, maintain, and run actuarial projection models.
- Evaluate the profitability of life and annuity products.
- Prepare profit summaries, sensitivity testing, and risk analysis for senior team members.
- Work with pricing assumptions such as mortality, lapse rates, and expenses.
- Review competitor product pricing, design, and features to support company goals.
- Identify opportunities to improve or automate existing spreadsheets.
- Participate in department and project-focused meetings.
What you'll need#
- Currently pursuing a Bachelor’s degree in finance, economics, statistics, mathematics, business administration, or actuarial science.
- Completion of at least one Actuarial exam through the Society of Actuaries or the Casualty Actuary Society.
- Expertise in Microsoft Excel, including pivot tables and advanced functions.
- Strong analytical thinking, written, and verbal communication skills.
- Ability to collaborate, adapt to feedback, and manage time effectively.
- Detail-oriented approach to work.
Location & details#
- This role is based in Springfield, Illinois.
- The position follows a hybrid work schedule.
- This is a full-time summer internship.
About Horace Mann
Horace Mann is a national insurance company based in Springfield, Illinois. Founded in 1945, the firm provides auto, homeowners, and life insurance along with retirement annuities. It focuses on the financial needs of educators and their families. The company operates as a public entity with a workforce of 1,001 to 5,000 employees.
How to get in at Horace Mann
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