Actuarial Intern

Posted 5 Hours Ago
Be an Early Applicant
Minneapolis, MN, USA
In-Office
31-31 Hourly
Internship
Fintech
The Role
Actuarial Interns support actuaries on projects involving product development, actuarial valuation, finance, and risk management. Responsibilities may include improving processes with Python, SQL, and Power BI; building actuarial model validation tools; and analyzing trends related to regulatory or product changes. Interns also complete and present an independent business project to senior leaders.
Summary Generated by Built In

About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Please note that applications will be assessed on a rolling basis. Due to anticipated interest, the role may close earlier than the stated deadline. We recommend submitting your application promptly. The advertised closing date is September 25, 2026.

At Ameriprise Financial, Columbia Threadneedle Investments, and RiverSource, we're committed to helping early-career professionals learn, grow, and make an impact from day one. Throughout the program, you'll gain hands-on experience, work alongside experienced colleagues, and contribute fresh perspectives to meaningful projects across our business.

Guided by our core values of putting clients first, acting with integrity, striving for excellence, and respecting individuals and our communities, you'll develop both professionally and personally. Through mentoring, networking, senior leader engagement, and community initiatives, you'll build valuable skills, expand your network and discover what's possible across a global financial organization.

About the Role

As an Actuarial Intern, you will work on projects directly with our actuaries and will have the opportunity to complete and present a self-directed, business-driven individual project to our senior leaders. Responsibilities vary depending on assigned projects(s) and may include:  

  • Product Development  

  • Actuarial Valuation  

  • Finance  

  • Risk Management  

Examples of past intern projects include:  

  • Enhancing existing process leveraging tools such as Python, SQL, and PowerBI   

  • Building validation tools to ensure accuracy of actuarial models  

  • Analyzing results and trends given regulatory or product changes  

Required Qualifications:  

  • Current Junior at a 4-year university pursuing a bachelor’s degree in Actuarial Science, Mathematics, Economics, or a related field.  

  • Graduation date of December 2027 or May/June 2028

  • Required to have passed at least one actuarial exam  

Preferred Qualifications

  • High degree of self-motivation with strong integrity and ethics  

  • Proven organization skills and ability to manage time effectively  

  • Excellent communication, interpersonal, and presentation skills  

  • Ability to work and communicate collaboratively and constructively with others  

  • Proficient with Microsoft Office Suite  

Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

In-Office Collaboration 
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated hourly rate for this role is $31.00 per hour. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurance.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Non-Exempt

Job Family Group

Human Capital

Line of Business  

FIN Finance

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Skills Required

  • Currently a junior at a four-year university
  • Pursuing a bachelor's degree in Actuarial Science, Mathematics, Economics, or a related field
  • Expected graduation in December 2027 or May/June 2028
  • Passed at least one actuarial exam
  • Valid U.S. work authorization that does not now or in the future require visa sponsorship
  • High degree of self-motivation, integrity, and ethics
  • Strong organizational and time-management skills
  • Excellent communication, interpersonal, and presentation skills
  • Ability to collaborate and communicate constructively with others
  • Proficiency with Microsoft Office Suite

Ameriprise Financial Services, LLC Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ameriprise Financial Services, LLC and has not been reviewed or approved by Ameriprise Financial Services, LLC.

  • Retirement Support Feedback suggests a 401(k) with company contributions and financial well‑being programs strengthens long‑term savings. Employee stock purchase access and planning subsidies further support retirement readiness.
  • Strong & Reliable Incentives Feedback suggests annual and long‑term performance incentives, alongside variable or commission components in advisor roles, can create meaningful upside for certain positions. Licensing support and bonus opportunities reinforce a performance‑linked pay mix.
  • Flexible Benefits Feedback suggests flexible work options, the ability to purchase extra vacation, and paid volunteer time provide adaptable benefits for different life needs. On‑site clinic and fitness resources at headquarters and wellbeing programs add convenient lifestyle support.

Ameriprise Financial Services, LLC Insights

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The Company
HQ: Minneapolis, MN
16,649 Employees
Year Founded: 1894

What We Do

Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisors* delivers personalized financial advice to help clients reach their goals. We believe that with the right advisor, the right advice, and the right firm, life can be brilliant. Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states. Learn how you can build your career at Ameriprise Financial. *Ameriprise Financial Q2 2020 Statistical Supplement All content on this page is provided for informational purposes only and should not be used as the sole basis for investment decisions. Ameriprise Financial cannot guarantee future financial results. Investment products are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution, and involve investment risks including possible loss of the entire amount invested. By clicking on a hyperlink, you may be directed to a non-Ameriprise website. Be aware that the linked site will be subject to rules, regulation, and privacy and security provisions that are separate, and may differ, from Ameriprise Financial. Investment advisory products and services are made available through Ameriprise Financial Services, LLC., a registered investment adviser.

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