About the role#
This summer internship offers undergraduate and graduate students hands-on experience within the Property and Casualty insurance industry. You will receive training on actuarial concepts and apply them to meaningful projects while learning how the team contributes to company success. The program runs from June to August 2027.
What you'll do#
- Assess the adequacy of the company loss reserves.
- Project the profitability of company products.
- Quantify risk exposure and propose ways to minimize it.
- Perform actuarial and market research alongside statistical analyses.
- Create tools and reports to support team objectives.
- Collaborate with fellow interns and team members.
- Present an overview of your internship projects at the end of the program.
What you'll need#
- Enrollment as a junior, senior, or graduate student at an accredited college or university.
- Pursuit of a degree in Mathematics, Statistics, Computer Engineering, Electrical Engineering, Mechanical Engineering, Economics, or Finance.
- Minimum of 8 weeks availability.
- Exceptional grade point average.
- Passion for professional growth within the department.
- Minimum age of 18.
- Preference for candidates who have passed at least one actuarial exam.
Location & details#
- This role is based in Edina, Minnesota.
- The position is a full-time, paid internship at $25 per hour.
- We operate in a hybrid work environment, requiring at least 3 days per week in the office.
- Please note that we are unable to provide sponsorship for this position.
About Palomar
Palomar is a specialty insurance provider founded in 2014. Based in La Jolla, California, the company employs between 201 and 500 people. It serves residential and commercial clients across categories including earthquake, casualty, and crop insurance. The business focuses on markets that are often underserved by other providers.
How to get in at Palomar
Applying to Palomar early is a significant advantage because recruiters review applications in the order they arrive. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you can apply among the first before the pile grows. Being at the top of the list ensures your profile is seen while the team is still actively sourcing. You can avoid the wait by reaching out to the recruiters behind Palomar roles directly to ask about the position or a referral. Intern Insider surfaces these specific contacts, which materially improves your response rates compared to submitting into a general queue. It is a more direct way to start a conversation with the hiring team.
