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Actuarial Intern

About Acrisure:

Acrisure is a global Fintech leader that combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual clients. We connect clients to solutions that help them protect and grow what matters, including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more.

Acrisure employs over 17,000 entrepreneurial colleagues in 21 countries and have grown from $38 million to $4.3 billion in revenue in just over ten years. Our culture is defined by our entrepreneurial spirit and all that comes with it: innovation, client centricity and an indomitable will to win.

Job Summary:

This summer Intern position is responsible for supporting consultants and actuaries by completing client projects and valuations, and by participating in any presentations and communication of client projects.

Responsibilities

  • Work closely with actuaries and consultants to assist with client projects

  • Responsible for the timely and accurate collection, entry, verification, and management of data to be used for actuarial processing; prepare annual asset reconciliations

  • Participate in client service planning meetings; prepare initial drafts of actuarial reports for review, including Remarks; prepare communication materials for transmitting reports

  • Complete required work involved in the documentation and proper government filing of client materials (Form 5500, PBGC, 8955-SSA, etc.)

  • Prepare individual employee pension statements and individual benefit calculations

  • Assist with monitoring and staff reporting of regulatory due dates

  • Participate in the presentation and communication of client projects as requested

  • Assist with billing by inputting billable time with necessary details

  • Partake in training programs to develop a better understanding of retirement and actuarial concepts

  • Adhere to established fee budget

Technical Skills

  • Strong project management skills

  • Ability to work on and complete multiple tasks under aggressive timeframes

  • Good verbal and written communication skills

  • Work both independently and within a team to meet common goals

  • Experience in Microsoft Excel, Word, Outlook, and PowerPoint

Education/Experience

  • College Junior or later pursuing a bachelor’s degree with major in related field or equivalent education and experience

Interpersonal & Team Working Skills

  • Adjust easily to challenges by shifting easily among competing tasks to meet deadlines

  • Form and state ideas and opinions confidently without infringing on others

  • Collaborate with colleagues and clients by finding common ground to complete tasks and solve problems by seeking input from colleagues and clients to make informed decisions

  • Demonstrate ability to establish rapport and gain the trust of others through active listening

  • Act with integrity by regularly representing information accurately and honestly, dealing with others fairly and maintaining high standards of conduct despite pressure

  • Function effectively without assistance or direction by regularly undertaking new tasks with minimum instruction or feedback

  • Work well within diverse groups to achieve common goals by supporting team ownership of projects to ensure results and group goals over personal gains or using ideas or suggestions from others to improve productivity

  • Work well in an unstructured environment and deal successfully with conflicting priorities to meet deadlines

  • Demonstrate flexibility by accommodating shifting priorities and making sound decisions when faced with unclear situations

  • Provide strong attention to detail by careful and thorough verification of all work to ensure accuracy

  • Be proactive, creative, and innovative to solve problems and address issues

  • Form sound opinions and make solid decisions using common sense to determine what is appropriate to the situation

  • Take initiative and undertake new tasks

  • Accept accountability for work, including errors or misjudgments

  • Leverage experience, expertise, and work of others, where appropriate

  • Proactively produce work product that meets or exceeds internal or external client expectations/needs

Reports to: Vice President, Actuarial

Acrisure is committed to employing a diverse workforce. All applicants will be considered for employment without attention to race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran, or disability status.  California residents can learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy available at www.Acrisure.com/privacy/caapplicant.
 

To Executive Search Firms & Staffing Agencies: Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisure’s property, and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Acrisure’s Human Resources Talent Department.

What You Should Know About Actuarial Intern, Acrisure

Join Acrisure this summer as an Actuarial Intern in Pittsburgh, PA! At Acrisure, a global Fintech leader, you will have the opportunity to work closely with talented actuaries and consultants, diving into projects that are essential to our client’s financial success. Your responsibilities will include collecting, managing, and verifying data for actuarial processing as well as preparing key documents such as annual asset reconciliations and actuarial reports. You will not only get hands-on experience but also have the chance to participate in client service planning meetings and assist with regulatory filings like Form 5500. This role is perfect for college juniors pursuing a degree in a related field, who are eager to learn and excel in a challenging environment. You'll develop your project management skills while collaborating with diverse teams and gaining insights into retirement and actuarial concepts. We value entrepreneurial spirit and teamwork, so you will thrive by working on multiple tasks under tight deadlines. If you're ready to make a meaningful contribution and take the initiative to learn, apply to be part of our growing community at Acrisure!

Frequently Asked Questions (FAQs) for Actuarial Intern Role at Acrisure
What are the main responsibilities of an Actuarial Intern at Acrisure?

As an Actuarial Intern at Acrisure, your main responsibilities will include collaborating with actuaries to support client projects, managing and verifying data for actuarial processing, and preparing draft actuarial reports. You'll also participate in client service meetings and assist in regulatory filings, gaining valuable experience in the industry.

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What qualifications do I need for the Actuarial Intern position at Acrisure?

To qualify for the Actuarial Intern position at Acrisure, candidates should be college juniors or later, pursuing a bachelor’s degree in a related field. Strong analytical skills, attention to detail, and proficiency in Microsoft Office tools are essential, along with the ability to work independently and collaboratively within a team.

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How does Acrisure support the development of its Actuarial Interns?

Acrisure is committed to the growth and development of its Actuarial Interns. The program includes training sessions to enhance your understanding of retirement and actuarial concepts, as well as hands-on experience with real client projects, allowing you to apply what you've learned in a practical setting.

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What can I expect from the team culture at Acrisure?

At Acrisure, you can expect a vibrant team culture that emphasizes collaboration, innovation, and entrepreneurial spirit. You’ll work alongside experienced professionals who value input from all levels, providing an environment that encourages personal and professional growth.

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What skills are important for success as an Actuarial Intern at Acrisure?

Success as an Actuarial Intern at Acrisure relies on strong project management abilities, attention to detail, effective communication skills, and the ability to navigate multiple tasks under pressure. A proactive attitude and eagerness to learn will position you well for a rewarding internship experience.

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Common Interview Questions for Actuarial Intern
What interests you about an Actuarial Internship at Acrisure?

This is your opportunity to express what specifically draws you to Acrisure, whether it's the company's innovative approach to finance, the collaborative culture, or the chance to work on meaningful projects with experienced professionals. Tailor your response to show your enthusiasm and fit with Acrisure's values.

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How do you handle tight deadlines when completing projects?

Share specific strategies you utilize to manage your time effectively, such as prioritizing tasks, staying organized, and communicating with your team. Highlight an example from your experience where you successfully met a tight deadline, demonstrating your ability to thrive under pressure.

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Can you describe a time when you successfully worked as part of a team?

Reflect on a situation where teamwork played a crucial role in achieving a goal. Discuss your contributions, how you collaborated with others, and any challenges the team faced. Emphasize your ability to build rapport and work towards a common goal.

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What tools or software are you familiar with that are relevant to the Actuarial field?

Mention your proficiency in Microsoft Excel, Word, PowerPoint, and any other relevant tools used in analyzing or presenting data. If you have experience with specific actuarial software, be sure to highlight that as well to show your readiness to contribute.

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How do you ensure accuracy in your work?

Discuss the steps you take to verify your work, from double-checking calculations to utilizing checklists or peer reviews. Providing concrete examples of how you've mitigated errors in past assignments will reinforce your commitment to delivering quality work.

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What do you hope to learn during your internship at Acrisure?

Focus on both technical skills, such as actuarial methods and regulatory requirements, and soft skills, like communication and teamwork. Be honest about your desire to grow and how you plan to leverage your internship for future career development.

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Describe a challenging problem you've faced and how you approached it.

Think of a relevant problem that required analytical thinking and problem-solving skills. Describe the situation, your thought process, and the resolution, emphasizing how this experience helped prepare you for similar challenges in the future.

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What role do you believe data plays in actuarial science?

Discuss the importance of data in making informed decisions and identifying trends within actuarial science. Elaborate on how data analysis informs risk assessment, pricing strategies, and client profitability, demonstrating your understanding of the field's fundamentals.

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How do you approach learning new concepts or tools?

Share your strategies for continuing education, such as online courses, reading industry-related materials, or seeking mentorship. Illustrate your proactive attitude toward learning and adaptation in a fast-paced environment.

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Why do you think teamwork is essential in actuarial work?

Emphasize how collaboration among actuaries, consultants, and clients contributes to thorough analyses and optimal solutions. Highlight specific instances that showcase your belief in teamwork, which aligns with Acrisure's culture.

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As a global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow. Bringing cutting-edge technology and top-tier human support together, it connects clients with customized solutions ac...

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Internship, on-site
DATE POSTED
April 16, 2025

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