Intern - Temporary

Actuarial internship for summer of 2027.

Horace Mann Educators Corporation offers insurance and financial products to educators and those who serve the public. We’re motivated by the fact that educators take care of our children’s future, and we believe they deserve someone to look after theirs. We help educators identify their financial goals and develop plans to achieve them. Our tailored offerings include special rates and benefits for educators, as well as the insurance we’re known for in order to help protect what they have today and the financial products to help prepare them for their futures. 

The Role

Our Property & Casualty (P&C) Actuarial team is seeking a P&C Actuarial Intern, who will focus on data analysis and contributions to projects throughout the department. In this role, the intern will deliver on a variety of projects and initiatives that help to measure and drive action around Actuarial department projects and initiatives. This intern will also gain exposure to financial modeling, risk assessment, and regulatory compliance within the insurance industry. It's a great opportunity to apply your quantitative skills and learn how actuarial principles are applied in real-world scenarios. Under direct supervision from various senior members of the team, you’ll also be conducting analyses that adhere to actuarial standards of practice: selecting appropriate data sources and methods, making necessary assumptions, recognizing considerations, and developing recommendations

Our ideal candidate will have the ability to travel to our Springfield, IL offices weekly, per the hybrid work schedule. 

The Day-to-Day

• You'll work with large datasets to analyze insurance claims, policyholder information, and other relevant data.
• Using statistical software like Excel or R, you’ll put your expertise to use to clean, organize, and analyze data sets.
• Actively participate in various department and project-focused meetings, engage and contribute ideas, and gain exposure to cross-functional collaboration.
• Learn to assess risks associated with insurance policies and understand how to price them accordingly.
• Support your fellow Actuaries in various tasks such as calculating insurance premiums, determining reserves, and assessing risk levels for different insurance products.
• Gain an understanding of the various insurance products offered by Horace Mann and their specific actuarial considerations
• At times, you’ll assist in developing and updating financial models that predict future trends in insurance claims and financial outcomes to understand the impact of different variables.
• Develop a comprehensive perspective of the field by shadowing seasoned actuaries, participating in industry events and webinars, and connecting with professionals at Horace Mann. 

Role Requirements

• Currently pursuing a Bachelor’s degree in actuarial science, finance, economics, statistics, mathematics, business, or related field.
• A minimum of one (1) Actuarial exam through either the Society of Actuaries (SOA) or the Casualty Actuary Society (CAS) must be completed.
• Strong proficiency in statistical analysis.
• Expertise in MS Excel and other programs to be utilized daily.
• Exceptional abilities in the analytical space to analyze data, interpret trends, and make sound recommendations.
• Savvy with programming language R in conjunction with tools like Excel to modify and analyze actuarial reports.
• Compelling written and verbal communication skills are essential for presenting findings, collaborating with team members, and explaining complex concepts to stakeholders.
• Detail-oriented and organized to prioritize work and time effectively.
• Being open to growth and learning new skills is an essential piece of the mentality we cultivate in cohesion with our customers - America’s Educators!

Pay Range: $26/hour

• Salary is commensurate to experience, location, etc.