Genworth Actuarial Development Program Intern – Summer 2027

Posted 8 Days Ago
Be an Early Applicant
Richmond, VA, USA
In-Office
22-32 Hourly
Internship
Fintech • Insurance
The Role
Summer internship in Genworth's Actuarial Development Program working on real-world actuarial problems. Interns will use advanced Excel and programming, work with large datasets, attend technical and professional development, gain exposure to actuarial software (GGY AXIS, MG-ALFA, PolySystems), build networks, and participate in community service.
Summary Generated by Built In

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. 


We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.


Our four values guide our strategy, our decisions, and our interactions:

  • Make it human. We care about the people that make up our customers, colleagues, and communities.
  • Make it about others. We do what's best for our customers and collaborate to drive progress. 
  • Make it happen. We work with intention toward a common purpose and forge ways forward together. 
  • Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

    

POSITION TITLE

Actuarial Development Program Intern – Summer 2027

    

POSITION LOCATION

This position is hybrid and located in Richmond, VA. Candidates may be eligible for relocation assistance if they are not located in the area.

    

YOUR ROLE

Genworth’s Actuarial Internship program is an excellent opportunity for students to explore the actuarial profession while honing the necessary technical and interpersonal skills for the job. Beginning Summer 2027, our interns spend 10-to-12 weeks exercising their talents to solve real-world problems because our financial services and products touch real lives—whether we’re providing support for caregivers, enabling independent living, or helping people achieve home ownership.


What you will be doing

  • Work in a fast-paced, innovative, and change-oriented work environment that could ultimately lead to full-time opportunities
  • Build a strong network of peers and mentors
  • Attend on-site technical and professional development classes
  • Participate in sponsored community service events
  • Utilize advanced Excel techniques and programming
  • Opportunity to work with large data sets
  • Gain exposure to actuarial software, including GGY AXIS, MG-ALFA, and PolySystems ​

What you bring

  • Pursuing a bachelor's degree in Actuarial Science, Mathematics, Statistics or related field
  • High aspirations for a career in the actuarial field
  • Strong mathematical background
  • Demonstrated proficiency in oral and written communications

Nice To Have

  • Minimum or better 3.2 GPA on a 4.0 scale
  • Scheduled or have taken and passed one actuarial exam

Why Work at Genworth

  • We have a real impact on the lives of the people we serve
  • We work on challenging and rewarding projects
  • We give back to the communities where we live

ADDITIONAL INFORMATION
Hiring Rate: $22.00-$31.75/hour
Disclaimer: This role is aligned to a national market-based pay range. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors, such as exam progression towards the Associate in the Society of Actuaries (ASA) designation. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.
• At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
 

Skills Required

  • Pursuing a bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field
  • Strong mathematical background
  • Demonstrated proficiency in oral and written communications
  • Advanced Excel skills (including advanced Excel techniques)
  • High aspirations for a career in the actuarial field
  • Minimum or better 3.2 GPA on a 4.0 scale
  • Scheduled or have taken and passed one actuarial exam

Genworth Compensation & Benefits Highlights

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

  • Healthcare Strength Pay is frequently described as good when considered alongside a comprehensive medical, dental, and vision package with preventive care options and expanded mental-health counseling access. On-site clinics/fitness centers in some locations and gym reimbursement further strengthen the perceived health offering.
  • Leave & Time Off Breadth Time off offerings are presented as wide-ranging, including paid volunteer time, paid family leave, time off for voting, and flexibility to roll over time in some cases. Additional programs like crisis-management time off and multiple paid-leave options contribute to a strong overall leave picture.
  • Wellbeing & Lifestyle Benefits Wellbeing support is positioned as holistic, spanning work/life services such as life coaches, digital wellbeing programs, and caregiver-focused resources. Financial wellbeing add-ons like free personal financial planning and workshops also contribute to the broader lifestyle value of the rewards package.

Genworth Insights

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The Company
HQ: Richmond, VA
5,001 Employees
Year Founded: 2004

What We Do

Genworth is an insurance company that is dedicated to help people secure their financial lives, families, and futures. Genworth Financial, Inc. is a leading insurance holding company committed to helping families achieve the dream of home ownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871. Our products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists.

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