Actuarial Intern

Job Description

Penn Mutual’s Actuarial Interns will gain valuable experience in one of four areas of practice – pricing, valuation, modeling or product management – and have the following opportunities:

• Executive leadership speaker session including discussions with the CEO, CFO, Appointed Actuary, and Chief Product Officer
• Department Information Sessions
• Advanced training in multiple technical platforms
• Mentoring program
• Opportunities to develop formal and informal presentation skills
• Participation in full company internship events including information sessions and networking
  
  

Responsibilities

• Performs actuarial tasks, which are mathematical and/or higher level clerical nature
• Compiles and categorizes data for experience analyses and prepared related reports
• Prepares schedules of statistics, financial statements, premiums, reserves and benefits, documenting and verifying the factors used in related computations
• Active team member accountable for working towards shared goals and objectives
  
  

Skills

• Passing an exam is not required for program eligibility, but candidate should be working towards passing exams
• Strong communicator in both written and verbal context
• Ability to plan and prioritize work towards the achievement of personal and corporate objectives
• Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement
• Ability to work with others in a collaborative team environment
  
  

Required Experience

• Working towards a degree with a major/concentration in Actuarial Science, Mathematics or a related discipline. Business coursework a plus.
  
  

Pay Rate: $20 - $24 an hour

Penn Mutual helps people become stronger. Our expertly crafted life insurance is vital to long-term financial health and strengthens people’s ability to enjoy every day. Working with our trusted network of financial professionals, we take the long view, building customized solutions for individuals, their families, and their businesses. We support our financial professionals with retirement and investment services through our wholly owned subsidiary, Hornor, Townsend & Kent, LLC, member FINRA/SIPC.

Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.