Actuarial Intern

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: 

Qualifications 

Required 

• Currently enrolled as a sophomore or junior in an actuarial science undergraduate program with progress toward degree completion
• Strong academic performance (GPA 3.2 or higher)
• Previous internship experience in actuarial science or a related field
• Working knowledge of Microsoft Excel; familiarity with VBA
• Programming experience in one or more of the following: R, Python, or Java
• Strong analytical and mathematical aptitude with attention to detail
• Ability to work independently as well as collaboratively in a team environment
• Excellent written and verbal communication skills
• Demonstrated ability to learn quickly and adapt in a professional setting

Preferred 

• Self‑motivated, detail‑oriented, and outgoing with a proactive approach to problem‑solving

Availability 

• Available to participate in a full‑time internship during Summer 2026

Preferred Behaviors 

• Enthusiastic: Demonstrates strong interest in actuarial work and a positive, engaged approach to learning and contributing
• Dedicated: Shows commitment to tasks and responsibilities, acting with integrity and follow‑through
• Detail‑Oriented: Consistently produces accurate work and pays close attention to detail to ensure high‑quality outcomes

Preferred Motivations 

• Growth Opportunities: Motivated by opportunities to learn, develop new skills, and take on increasing responsibility over time

Location & Practice 

This position is for an Actuarial Intern – Life and Financial Services and is based in Milliman’s Omaha, Nebraska office. The intern will support actuarial projects within the Life and Financial Services Practice, working alongside experienced actuaries and consultants in a collaborative office environment.

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

• 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
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