Job Description
Sompo has a unique opportunity for a Summer 2027 Crop Insurance Actuarial Intern for our AgriSompo group.
Our 10-week Internship program offers students challenging opportunities to work within the crop insurance industry and includes structured learning, networking events, and interaction with members of our executive team. Based remotely, the role will require approximately 25% travel to experience other areas of the business.
As an Actuarial Intern, you will receive hands-on training by working closely with highly experienced actuaries, gaining in-depth knowledge of the organization's business units and underwriting philosophy. The program combines on-the-job learning, workplace mentoring, and interaction with Actuaries, Underwriters, and other business members.
Location: This position will be based in our corporate office in Lenexa, Kansas!
What can I expect as an Intern?
On-the-job Learning:
Your primary duties will be to assist Senior Actuaries in the department with pricing and research. This will include help with line of business studies, individual account pricing and general reporting requirements.
Activities, Learning and Development:
Throughout the program, you will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to your manager and mentor.
Additional experiences & opportunities:
- Collaborate with the team to analyze and price contracts, assessing risks and supporting decisions
- Analyze historical data and industry trends to calculate risk premiums and forecast outcomes
- Evaluate the financial impact of transactions on the company's portfolio and risk exposure
- Assist in developing and refining pricing methods and strategies
- Develop predictive models using R Studio, SQL, and other tools to support decision-making
- Create and enhance financial reports, presenting insights clearly to stakeholders
- Support reserve estimation and analysis for key business decisions
What will I need to be as an Intern?
- Currently enrolled in a bachelor’s degree program with a minimum GPA of 3.3
- Actuarial candidates must have successfully passed and/or be sitting for at least one CAS Exam
- Demonstrate strong analytical and quantitative and interpersonal skills, good communication skills, and team collaboration
- Strong proficiency using Microsoft Office (Excel, Word, PowerPoint)
- Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction
Salary Range: Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
Who we are and what we stand for:
At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page
Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.
Skills Required
- Currently enrolled in a bachelor's degree program
- Minimum GPA of 3.3
- Successfully passed and/or currently sitting for at least one CAS actuarial exam
- Strong analytical and quantitative skills
- Strong interpersonal and communication skills
- Ability to collaborate effectively with a team
- Strong proficiency with Microsoft Office, including Excel, Word, and PowerPoint
- At least 18 years old
- Authorized to work in the United States without restriction
What We Do
As one of the leading writers of crop insurance in the United States, AgriSompo North America blends extensive industry experience with cutting-edge software development to provide powerful, proactive agricultural risk management for the nation’s farmers and ranchers. We operate within a culture of integrity, and a deeply rooted belief that collaboration, agility, and stellar customer service are crucial to long-term success. Our nationwide network of independent crop insurance agents provides direct and customized options to fit each producer’s needs, with solutions ranging from traditional multi-peril, crop hail, and livestock insurance to highly innovative and unique private products.
