Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Why This Role Matters:Group1001 is seeking a college student for a 12-week actuarial internship in the Life and Annuity Actuarial Department, based at our Zionsville, IN Corporate Office. The internship will run from May 17 to August 6, 2027.
How You'll Contribute:Input data and assumptions into and analysis of results from company actuarial models used for various modeling purposes.
Set up the actuarial models and run them in a production environment.
Produce model reports and analyze the results in support of management and regulatory needs.
Work to enhance existing processes to improve the quality and efficiency of information gathering and flow.
Ensure adequate controls over actuarial processes.
Perform peer reviews of reports and output.
Collaborate with individuals throughout the organization, with an emphasis on model efficiency and effectiveness. This is expected to include in-person work in our home office on a hybrid basis.
Participate in special projects as needed.
Currently pursuing a Bachelor’s degree in actuarial science, finance, economics, math, physics, engineering or related field.
At least one actuarial exam passed
Strong analytical skills
Exposure to financial modeling
Strong communication skills
Strong time and project management skills
Excellent organizational skills
Proficiency in Excel (including VBA) and exposure to a database tools (Microsoft Access, SQL, etc.)
Benefits Highlights:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
#LI-ES1Skills Required
- Currently pursuing a bachelor's degree in actuarial science, finance, economics, mathematics, physics, engineering, or a related field
- At least one actuarial exam passed
- Strong analytical skills
- Exposure to financial modeling
- Strong communication skills
- Strong time and project management skills
- Excellent organizational skills
- Proficiency in Microsoft Excel, including VBA
- Exposure to database tools such as Microsoft Access or SQL
Group 1001 Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Group 1001 and has not been reviewed or approved by Group 1001.
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Fair & Transparent Compensation — Pay is considered competitive for many specialized and senior roles, with employer-posted salary ranges providing clarity for candidates. Job postings indicate market-aligned compensation in several corporate, tech, and sales functions.
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Leave & Time Off Breadth — Time off is portrayed as generous, including paid holidays and multiple leave types alongside hybrid work options for eligible roles. Some positions also offer remote flexibility that supports overall work–life balance.
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Retirement Support — Retirement offerings include a 401(k) with company matching and are emphasized as a core part of total rewards. Certain postings reference immediate vesting, reinforcing attention to long-term savings.
Group 1001 Insights
What We Do
Group 1001 Insurance Holdings, LLC (“Group 1001”) is an insurance holding company in the United States, with current combined assets under management of approximately $57.5 billion as of June 30, 2022, and a mission for setting a new standard in the insurance industry by making insurance more useful and intuitive for everyone. Group 1001 is a long-standing, nimble, and tech-driven financial services enterprise established on deep industry expertise and reliable delivery of long-term value through empowering its customers, employees, and communities. Leveraging upon its record of building successful businesses and strong operating fundamentals, Group 1001 powers the next generation of insurance businesses with useful and intuitive solutions and products accessible to everyone. Group 1001 invests in strategic partnerships as part of our mission to transform communities through sports and education. Group 1001 and our subsidiaries have a strong commitment to service and community transformation. Education and sports initiatives, coupled with impactful partnerships, allow Group 1001 to improve lives through positive change in our communities. Learn more at Group1001.com.
