Summer 2027 Actuarial Intern (Omaha)

Posted 8 Days Ago
Be an Early Applicant
Omaha, NE, USA
In-Office
26-29 Hourly
Internship
Financial Services
The Role
Summer actuarial intern will be trained on annuity products, mentored by executives and peers, and work on actuarial projects (dashboards, rider analysis, cash flow, efficiency tools). Participants attend rotational learning sessions across modeling, risk management, product design, pricing, valuation, and reinsurance, plus networking and professional development activities.
Summary Generated by Built In

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

Jumpstart your Actuarial career with Pacific Life! We are dedicated to your growth and providing opportunities to thrive! We’re investing in agile new talent with fresh perspectives to help us innovate and build meaningful relationships for years to come. We are currently recruiting Summer 2027 Actuarial Interns.

As an Actuarial Intern, you'll be welcomed into an inclusive and dynamic culture where you'll play a key role in helping to drive toward Pacific Life's goals. Interns will have the opportunity to spend their summer in the Omaha, NE office working at a Fortune 500 company in the financial services industry. Interns will be involved in a diverse array of challenging actuarial projects and internship program activities. 

Program highlights include: 

  • Product Training: You will be trained in Pacific Life’s Annuity products to ensure you start your summer internship with a high-level understanding of what we offer to our customers. 

  • Mentorship: You will be assigned an Executive and peer mentor who will meet with you todiscuss their knowledge and experience and provide you with guidance on yourinternship and career path. 

  • Hands On Experience: You will be participating in actuarial projects that will give you atrue understanding of the profession. The projects you will work on will contribute toyour teams’ and company goals. Examples of projects include: Creating dashboards tovisualize data, Rider Analysis, Cash FlowAnalysis, and Creating tools for efficiency. 

  • Rotational Events: You will be invited to a series of interactive learning sessions in whichkey actuaries throughout the company will provide an overview of their department andjob duties as well as their experiences as an actuary. This will include exposure toModeling, Risk Management, Product Design, Pricing, Valuation, Reinsurance and more. 

  • Social Activities: Networking opportunities, Executive speaker series, community service events, and social outings. 

Relevant Competencies:  

  • Continuous Learning. You want to continue learning and expanding both the depth and breadth of your knowledge as it pertains to your functional responsibilities and business acumen.

  • Curiosity. You demonstrate an interest in finding underlying causes and understanding how the work you do relates to our business mission and strategy.

  • Adaptability. You can adjust your focus and/or approach depending on results, strategy, or business needs.

  • Innovation & AI Agility. You demonstrate curiosity about emerging technologies and a willingness to explore new ways of working. You seek opportunities to leverage data, automation, and AI-enabled tools.

Who We're Looking For 

We are primarily seeking students who are interested in pursuing an actuarial career and expected to graduate between December 2027 and May/June 2028.

High-performing interns may be considered for full-time actuarial opportunities upon graduation.

Factors for Success 

  • Completion of at least 1 Society of Actuaries exam is required. 

  • Pursuing an undergraduate degree majoring in Mathematics, Statistics, Economics,Finance, or Actuarial Science. 

  • Ability to problem solve and demonstrate leadership. 

  • Strong communication and analytical skills. 

  • Desire to gain more experience in the actuarial field. 

The base pay rate for this position is $26.00 per hour for one exam passed, $27.00 for two exams passed, $28.00 per hour for three exams passed, $29.00 per hour for four exams passed (based on exam progress).

Relocation stipend will be available if residence is outside of 50 mile radius from office location. 

Want to learn more about life at Pacific Life? Take an inside look at our company culture:Instagram.com/lifeatpacificlife. 

You can be who you are.

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

How We Help You Succeed:

Our Summer Internship Program has become Pacific Life’s talent pipeline for full time early career opportunities. The University Relations team ensures each intern has a well-rounded positive experience to help them reach their career goals. The Summer Program includes:

  • Professional Development

  • Executive Mentorship Program

  • Collaborative Environment

  • Real World Work

  • Social Events

  • Training and Education

  • Networking and Exposure to Leadership

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

Skills Required

  • Completion of at least 1 Society of Actuaries exam
  • Pursuing an undergraduate degree in Mathematics, Statistics, Economics, Finance, or Actuarial Science
  • Expected graduation between December 2027 and May/June 2028
  • Strong communication skills
  • Strong analytical skills
  • Ability to problem solve and demonstrate leadership
  • Desire to gain more experience in the actuarial field
  • Continuous learning, curiosity, adaptability, and interest in AI/automation

Pacific Life Compensation & Benefits Highlights

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

  • Retirement Support Retirement funding includes both an automatic company contribution and a dollar‑for‑dollar 401(k) match, positioned as a standout element of the package. Vesting is defined at three years in official materials.
  • Leave & Time Off Breadth Time off is described as generous and scalable with tenure, complemented by multiple paid holidays and options to augment PTO. Paid parental leave and adoption assistance further extend coverage for families.
  • Wellbeing & Lifestyle Benefits A flexible annual wellbeing reimbursement supports diverse needs alongside counseling resources and wellness tools. Day‑one eligibility for core coverages adds immediate lifestyle value.

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The Company
HQ: Newport Beach, CA
3,447 Employees
Year Founded: 1868

What We Do

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com. Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list. Learn more about Pacific Life: www.instagram.com/pacificlife www.twitter.com/pacificlife www.facebook.com/PacificLife www.youtube.com/user/PacificLifeInsurance Please review our social media guidelines: paclife.co/social

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