Actuarial Analyst Intern

USAA
161d$23 - $25

About The Position

USAA is seeking a motivated and analytical student to join our actuarial team as a Summer Intern. This is an exciting opportunity to gain first-hand experience in USAA’s P&C industry and work alongside experienced actuaries. As an Actuarial Intern, you will play a vital role in supporting Pricing, Modeling, Reserving, and Risk Assessment, contributing to informed decision-making within our company. Our internship program lets you showcase your skills, while gaining real-life experience that’ll help you jump-start your career. Our interns deliver innovative solutions to real business challenges, while building enduring relationships in a collaborative culture with their manager and an assigned mentor. The internship is based at USAA Corporate Headquarters in San Antonio, TX.

Requirements

  • Pursuing a degree from an accredited college or university, and plan to graduate after the final day of the internship.
  • Actuarial, business, and/or analytical experience and accountability for simple to moderately complex tasks and/or projects required.
  • Foundational and conceptual knowledge of the function/subject area and demonstrated application of knowledge, skills and abilities towards work products required.
  • Foundational level of knowledge in the areas of the business operations, industry practices and emerging trends required.

Nice To Haves

  • Pursuing a degree with a concentration in Actuarial Science, Mathematics, Statistics, Computer Science, Economics, or Finance.
  • Graduation date between August 2026 and July 2028.
  • Sitting or have completed 1 or more actuarial exams.
  • Foundational knowledge of SQL, VBA, SAS, R, and/or Python.
  • Experience communicating/presenting technical topics to a broad audience.
  • Demonstrated leadership ability through employment, extra-curricular activities, community service, or other involvement.
  • Prior quantitative internship or related employment.

Responsibilities

  • Coordinates, prepares and performs actuarial analyses required to develop new products, project future results, reprice existing products, and/or determine financial strength.
  • Acquires and applies foundational knowledge of the business, its products, and processes.
  • Utilizes actuarial modeling software for pricing, valuation, and/or risk management.
  • Enters data and tables, runs models, and generates reports.

Benefits

  • Comprehensive medical, dental and vision plans.
  • 401(k) and pension.
  • Life insurance.
  • Parental benefits and adoption assistance.
  • Paid time off program with paid holidays plus 16 paid volunteer hours.
  • Various wellness programs.
  • Career path planning and continuing education assistance.
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