About the role#
As a Life Actuary Intern, you will gain hands-on experience in the insurance industry. You will work alongside professionals to develop the technical and analytical skills needed for an actuarial career. This role is a part-time position for the Summer 2027 term.
What you'll do#
- Learn about life insurance products, such as term life, whole life, interest-sensitive life, fixed annuities, and payout annuities.
- Use actuarial modeling software to update assumptions, run scenarios, and validate results.
- Compile and analyze data for mortality, lapse, and new business distribution studies.
- Create controls and trend analyses to support pricing, valuation, and financial planning.
- Support reinsurance strategy by monitoring results, researching treaties, and compiling data.
- Prepare reports, charts, and presentations to communicate your findings and recommendations.
- Document methodologies and assumptions to support reporting processes.
- Collaborate with team members to share information and suggestions.
What you'll need#
- Pursuing a bachelor's or master's degree in Actuarial Science, Mathematics, Statistics, Data Science, Finance, or a related quantitative field.
- Experience using Microsoft Excel.
- Strong written and verbal communication skills.
- Demonstrated analytical and problem-solving abilities.
- Ability to conduct research and maintain detailed documentation.
- Successful completion of at least one Society of Actuaries (SOA) exam is preferred.
- A collaborative mindset and attention to detail.
Location & details#
- This position is based in Indianapolis, Indiana.
- The role is on-site.
- This is a paid internship.
About Indiana Farm Bureau Insurance
Indiana Farm Bureau Insurance provides insurance and financial services to residents across the state. Founded in 1934, the company offers coverage for homes, vehicles, farms, and businesses. It maintains a headquarters in Indianapolis and operates offices in all 92 Indiana counties. The organization employs between 1,001 and 5,000 people.
How to get in at Indiana Farm Bureau Insurance
You increase your chances of landing an internship at Indiana Farm Bureau Insurance by applying as soon as a position opens. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you apply among the first, as early applicants get seen before the pile grows. Reaching out to the right person is the next step in the process. Intern Insider surfaces the recruiters behind the company roles so you can reach out directly to ask about the role or a referral, which materially improves response rates.
