Summer 2025 Intern - Actuarial Benefit Consulting Services

Grow your career with a growing organizationWhether they’re helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that’s hard to beat. And from a personal satisfaction perspective, you’ll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.Our interns experience a wide range of opportunities during a 10-week summer internship program. We are looking for candidates who have an interest in the financial services industry and bring with them enthusiasm and passion for working in a fast-paced, consultative, and growth-centric environment.Each intern will be paired with a manager and mentor for the summer and will present an individual and group project at the end of the program. Interns are given opportunities to interact with senior leadership, learn about our various business areas, and network with peers and staff. During the internship, you will develop essential business acumen and engage with many aspects of our business. Our internship program includes professional and personal development training workshops.Interested candidates should be currently enrolled in a college or university and seeking a bachelor’s or master’s degree with a minimum GPA of 3.25. Interns should be planning on attending the fall semester/quarter following the internship.• The internship program begins on Tuesday, May 27th and concludes on Friday, August 1st.• This is an on-site and in-person internship based in our Hartford, CT office.• This is a 40-hour-per-week role and is a paid position.• Hourly wages are between $24.00 and $29.00 based on the level of schooling completed and number of Society of Society of Actuaries exams passed.What you will doThe 10-week Actuarial Benefit Consulting Services Internship Program will provide you with valuable experiences with the goal of helping you develop a consultative and holistic retirement mindset, such as:• An understanding of defined benefit and defined contribution retirement plans• Analyzing client data used to develop pension plan liabilities• Reconciling census changes and associated gains/losses• Preparing ERISA funding valuations and government filings• Supporting annual employer match true-up and non-elective allocation calculations• Assisting with single and multi-year cost projections, plan design optimization projects, and complex non-discrimination testing• Developing tools and models for key processes• Performing actuarial research and statistical analyses• Learn to work in a collaborative environment and build professional skills• Deliver an assigned individual and group project to conclusionWhat you will bring• Currently enrolled in a college or university• Minimum 3.25 GPA required• Available for a 10-week internship from May 27th to August 1st• Desire to experience an in-person office environment as part of your internship and ability to work in Hartford, CT• Interest in applying your love of math, data, and science to inform business strategy• Strong partnership skills with an ability to work collaboratively within a team and develop solid working partnerships with colleagues• Self-directed and comfortable working independently on an internship project• Proactively ask questions and seek help to successfully achieve goals and objectives while in an autonomous environment• Approach work with a sense of curiosity• Work with a customer service mindset and comfortable providing input to achieve goals• Strong mathematical aptitude and computer skills• Strong written/oral communication and interpersonal skills• Intermediate Microsoft Excel skills requiredWhat will set you apart• Have completed the equivalent of 2 years of credits toward your bachelor’s degree within the past 2 years• Expected to be available for full-time employment by mid-2026• Preferred majors include Actuarial Science, Statistics, Mathematics, or other relevant math-focused majors.• Passage of one or more Society of Actuaries exams preferred.• Microsoft Visual Basic for Applications (VBA) and/or Python coding knowledge preferred.Due to the high volume of submissions, we cannot contact each person who submits a resume for consideration. Identifying the right people for the right roles can take time, so we thank you in advance for your patience.• **Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***Base Salary Range$48,300.00 - $66,450.00The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.Equal opportunity employer • Drug-free workplaceWe are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.• **For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***Job Posting End Date at 12:01 am on:09-30-2024Want the latest money news and views shaping how we live, work and play? Sign up for Empower’s free newsletter and check out The Currency.