Job Description Summary
Job Description
As a Financial Services Actuarial Intern, expect an exciting, challenging experience where you learn something new every day. Expect to be developed by a group of associates who combine support with a strong work ethic. Expect an experience that will kick start your career in the actuarial field.
A program for your success:
The Nationwide® Financial Services Actuarial Intern Program is a 12-week spring co-op that provides participants with opportunities to gain valuable experience in the actuarial field. You'll receive the chance to work in and learn about actuarial pricing, product development, valuation and financial reporting in the areas of life insurance, annuities and retirement plans.
Your benefits:
Learning opportunities. In addition to working on an actuarial team, you'll have the opportunity to learn about the roles and responsibilities of all Nationwide actuarial teams through networking and a summer presentation series.
Developmental training. You'll receive extensive training in actuarial concepts, actuarial software and in the products we sell.
Leadership exposure. Throughout the summer, you will be able to connect with actuarial leaders and work on a project that adds value. At the end of your internship, you'll have the opportunity to present your research and findings to leadership to work on your communication skills and gain exposure.
Exam reimbursement:
We will reimburse the cost of one preliminary exam that occurs
after your internship start date and before the end of the calendar year.
Community service. Your development includes the opportunity to make a difference in the lives of others by participating in volunteer efforts.
Opportunities for full-time hire. Interns are strongly considered for future full-time positions.
Qualifications:
- Students pursuing a degree in Actuarial Science, Mathematics, Statistics or have a similar background in modeling, programming or quantitative analysis
- Superior academic achievement
- Experiences that demonstrate leadership qualities
- Communication and analytical skills
Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.
For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment.
The national hourly pay range for Nationwide Internships is: $21 - $50
Working at
Nationwide Mutual Insurance Company
Nationwide Mutual Insurance Company is a reputable and established leader in the insurance industry, offering a wide array of insurance and financial services. With a rich history that dates back to 1926, Nationwide has become one of the largest mutual insurance companies in the United States. Nationwide takes pride in its team of talented and highly skilled actuaries who play a critical role in assessing and managing risks. These professionals utilize advanced statistical models and data analysis techniques to evaluate potential risks, forecast future trends, and develop strategies to protect the company and its policyholders. As an actuary at Nationwide, you'll have the opportunity to work with a diverse portfolio of insurance products, including auto, home, life, and commercial insurance. You'll collaborate with cross-functional teams to design and price insurance policies, analyze complex data sets, and provide insights that drive informed business decisions. Nationwide values innovation and invests in cutting-edge technology to stay ahead of industry trends. As an actuary, you'll have access to sophisticated tools and resources that empower you to deliver accurate assessments and innovative solutions. Join Nationwide's actuarial team and embark on a rewarding career where you'll contribute to the company's mission of protecting what matters most to its customers while enjoying professional growth, competitive benefits, and a supportive work environment.