2027 Actuarial Internship

Posted 7 Days Ago
Be an Early Applicant
Richmond, VA, USA
In-Office
20-20 Hourly
Internship
Insurance
The Role
Paid summer actuarial internship supporting commercial insurance pricing, reserving, and analytics. Responsibilities include analyzing operational metrics and loss experience, building policy reports, developing pricing variables, evaluating economic and statistical trends, projecting future losses, and communicating findings to actuarial colleagues and business leaders. The role includes mentorship, cross-divisional exposure, and training, and is conducted onsite in Richmond, Virginia.
Summary Generated by Built In

Are you a rising junior or senior with a passion for problem-solving, mathematics, or data analysis? Kinsale Insurance is offering a paid summer internship in actuarial science, where you’ll gain hands-on experience in pricing, reserving, and insurance analytics. This internship provides exposure to one of the most consistently top-ranked careers in America — actuarial science.

About Kinsale Insurance

Kinsale Insurance is an excess and surplus (E&S) lines insurer headquartered in Richmond, VA. We specialize in complex commercial risks, with all underwriting, claims, and actuarial functions performed in-house. Our actuarial team supports the business by analyzing risk, pricing products, and guiding strategy with data-driven insights.

What You’ll Do

A typical day as an Actuarial Intern may include:

  • Reporting and analyzing key operational metrics.
  • Building and modifying reports containing policy information.
  • Reviewing loss experience across commercial insurance products.
  • Developing pricing variables using internal and external data.
  • Evaluating economic and statistical trends to support pricing assumptions.
  • Projecting future losses from current policies.
  • Communicating results to actuarial colleagues and business leaders.

Qualifications

A successful candidate has:

  • Rising junior or senior pursuing a bachelor’s degree in mathematics, statistics, finance, economics, computer science, or another quantitative field.
  • Background in statistics, spreadsheets, databases, or statistical software.
  • Strong analytical and problem-solving ability.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and in a team environment.

A compelling candidate also has:

  • Advanced Excel skills.
  • Familiarity with SQL and relational databases.
  • Passed one or more actuarial exams.

Training & Development

  • Weekly Lunch & Learns with leaders on career, technical, and industry topics.
  • Dedicated mentor and team support.
  • Executive meet-and-greets.
  • Exposure to multiple divisions across the company.

Hiring Timeline

  • Phone screens: November – December 2026
  • Interviews: January – February 2027
  • Offers extended after interviews
  • Internship: 10 weeks beginning May 24, 2027
  • Work hours: Onsite in Richmond, VA, Monday–Thursday, 8:30 a.m.–4:00 p.m.

Kinsale values strong financial responsibility. A credit check will be conducted as a part of the selection process for roles that require sound judgement, trustworthiness, or access to sensitive information.

Salary: $20 per hour 

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Currently a rising junior or senior pursuing a bachelor's degree
  • Major or academic background in mathematics, statistics, finance, economics, computer science, or another quantitative field
  • Background in statistics, spreadsheets, databases, or statistical software
  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • Ability to work independently and in a team environment
  • Advanced Excel skills
  • Familiarity with SQL and relational databases
  • Passed one or more actuarial exams
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The Company
HQ: Richmond, Virginia
654 Employees
Year Founded: 2010

What We Do

Kinsale Insurance is an excess and surplus (E&S) lines insurance company located in Richmond, VA specializing in hard-to-place property, casualty, and specialty risks. Our products are distributed nationwide through appointed surplus lines brokers. We target small-to-midsized accounts and have the flexibility to offer terms for businesses with poor loss histories, high-risk venues, and new or high-hazard operations. Every customer receives high-quality, high-touch customer service and innovative, personalized solutions from us for every account. In each corner of our operation, from underwriting to technology and everything in between, we take ownership of every step of the process by doing as much as possible in-house. Kinsale is focused on creating a team-centered, results-driven work environment that is constantly growing, making progress toward our goals, and reaching new milestones at every checkpoint. Our culture rewards the doers: people who seek new opportunities, take initiative, and challenge the status quo. Our newly constructed building helps improve face-to-face collaboration and allows our employees to work as a team, and we prioritize opportunities to develop those team members and their skillsets. Learn more about Kinsale’s offerings by visiting our website: kinsaleins.com

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