IAT Insurance Group has an opening for an Actuarial Internship within our Actuary Business Unit in our Naperville, Illinois location for the summer of 2027.
The internship is scheduled to begin on May 24th, 2027 and conclude on July 30th, 2027. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.
Responsibilities:
- Prepare actuarial reports supporting month-end Operations reviews.
- Learn the functions relating to rate development.
- Shadow subject matter experts
- Perform other duties as needed.
Qualifications:
Must Have:
- Must be able to work out of our Naperville, Illinois office without housing assistance or relocation assistance from IAT Insurance Group.
- Must be able to complete the entirety of the 10-week internship program (May 24th, 2027 to July 30th, 2027)
- Rising Sophomore, Junior graduating Senior or Graduate student of Actuarial Science or related degree.
- Analytical thinking skills.
- Problem Solver.
- Strong communication skills both with Technical and non-technical resources.
- Willingness to learn.
- Ability to work independently.
- To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.
Our Culture
IAT is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. It’s about far more than being a workplace.
At IAT, our fundamental belief is to a create a culture where all employees are heard and have a sense of belonging. Inclusion and Diversity are not just initiatives, it’s how we live. We’re committed to driving and building an open and supportive culture. By embracing the uniqueness of our employees, investing in their development, listening to, and engaging their ideas, we are stronger as an organization.
Our employees propel IAT forward – driving innovation, stable partnerships, and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
#LifeAtIAT
Ever wondered what a day in the #LifeAtIAT is like as an Intern?
Check out this video from our former interns!
Compensation:
Please note, that the hourly pay rate associated with this posting is $21 – $24. This range represents the anticipated low and high end of the base hourly pay for this position. Actual hourly rates will vary based on factors such as a candidate's class standing, major, and geographical location. The total compensation will include base pay, 401(K) match, and more.
Skills Required
- Work from the Naperville, Illinois office without housing or relocation assistance
- Complete the full 10-week internship from May 24, 2027, through July 30, 2027
- Be a rising sophomore, junior, graduating senior, or graduate student pursuing Actuarial Science or a related degree
- Analytical thinking skills
- Problem-solving skills
- Strong communication skills with technical and non-technical resources
- Willingness to learn
- Ability to work independently
- Authorization to work in the United States without requiring visa sponsorship now or in the future
What We Do
IAT Insurance Group (IAT) is a specialty insurance company headquartered in Raleigh, North Carolina, providing a wide range of property and casualty insurance products and surety bonds to meet the needs of individuals and businesses. IAT consists of eight operating divisions, each sharing the same quality standards, commitment to service and innovation, and an overall mission of excellence. As an organization, we leverage our experienced leadership, sound analytics, proven operating platforms and extensive risk capabilities across the entire enterprise to deliver specialized, sustainable solutions for our customers. With 30+ office locations, IAT has a large footprint throughout the United States. As a privately owned organization, consisting of more than 900 employees, we are able to act strategically within an ever-changing marketplace. We are large enough to make a difference in the industry but small enough to be agile and nimble. Our focus includes meeting customer needs and fostering an exceptional agent and broker network to serve clients. We strive to provide an environment where our employees feel empowered, challenged and valued. Not only does IAT Insurance provide a dynamic workplace, we also provide competitive total compensation packages and great benefits, including but not limited to medical, dental, and vision insurance, a generous time off policy, company provided life and disability insurance, a lucrative 401k company match and incentive plans.
