Actuarial Intern

Posted Yesterday
Be an Early Applicant
Hiring Remotely in Omaha, NE
In-Office or Remote
21-37 Hourly
Internship
Healthtech • HR Tech • Insurance • Consulting
The Role
Support actuarial consulting work by building and analyzing financial models for valuation, pricing, risk, ALM, and forecasting. Collaborate with teams, perform stochastic analysis, assist with GAAP/statutory valuations, and communicate results. Full-time internship for Spring 2026, based in Omaha.
Summary Generated by Built In

We are a global actuarial consulting practice working with clients across North America, South America, Asia, and elsewhere.  Our work is varied and challenging but generally focused on construction of financial models and use of such models for financial planning, mergers and acquisition, embedded value, risk management, economic capital, principles-based valuation, product pricing, stochastic analysis, ALM, and GAAP and statutory valuation and forecasts.

The candidate should have excellent analytical, communication, time management, and organizational skills in addition to meeting the following key requirements:

Requirements:

  • Sophomore or junior standing in actuarial science on track to complete an undergraduate degree
  • High GPA
  • Previous internship in related field
  • Working knowledge of Microsoft Excel
  • Programming skills with one or more of R, Python, Java
  • Ability to work independently and in teams, with or without supervision
  • Excellent written and verbal communication skills
  • Fast learner with a strong mathematical aptitude
  • Aptitude for detail work
  • Outgoing personality and self-motivated
  • Available and willing to intern full-time for the Spring of 2026

Location:

This position is for an Actuarial Intern for the Life and Financial Services Practice based out of Milliman's Omaha office.

Compensation:

The salary range is $21 - $37 per hour, depending on relevant factors including, but not limited to, education, work experience, qualifications, skills, certifications, location, etc.

Benefits:

We offer competitive benefits which include the following based on plan eligibility:

  • Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
  • 401(k) Plan – When an employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan that includes a company matching program and profit-sharing contributions.
  • Paid Time Off (PTO) – Begins accruing on the first day of work; Interns, Temporary, and Seasonal Employees will earn PTO each pay period, based on 1 hour for every 30 hours worked.
  • Transportation – Pre-tax savings for eligible transit and parking expenses.

    Equal Opportunity

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

    Qualifications Behaviors Preferred Enthusiastic: Shows intense and eager enjoyment and interest Dedicated: Devoted to a task or purpose with loyalty or integrity Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
    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.

    Top Skills

    Java
    Excel
    Python
    R
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    The Company
    HQ: Seattle, WA
    3,644 Employees
    Year Founded: 1947

    What We Do

    Milliman is among the world’s largest independent actuarial and consulting firms. Founded in Seattle in 1947, Milliman has offices in key locations worldwide. Through consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property & casualty/general insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to consulting actuaries, Milliman’s body of professionals includes numerous other specialists, ranging from clinicians to economists.

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