New York, NY

Job Title: Actuarial Intern

Length: Full Year

Department: Actuarial

Reports To: VP, Product Management & Pricing

About Us

Prosperity Life Group is seeking an actuarial intern to join the product development and pricing team. Our Actuarial internship program is designed to provide students with challenging and educational projects that both promote personal and professional development. Interns typically assist in pricing, modeling, and financial reporting, working side-by-side or remotely with experienced actuaries.

Job Responsibilities

  • Maintain and refine inforce management processes to improve efficiency;
  • Assist in refining automation processes to create supporting files for pricing models in MG-ALFA;
  • Create/maintain actuarial calculation tools for different purposes;
  • Provide entry-level professional services as appropriate to the actuarial functions. Receives guidance, training, and mentoring from senior personnel in planning and carrying out activities and assignments;
  • Gain a comprehensive overview of life and annuity products, actuarial techniques, and the life insurance industry;
  • Perform ad hoc tasks requested by various business functions (e.g. Marketing, Operations, New Business, QA, etc.)

Job Requirements

  • In junior or senior year, working towards a bachelor's or master's degree in math, actuarial science, or related field;
  • GPA of 3.2 or higher;
  • Passage of one or more Society of Actuaries exams preferred;
  • Strong interpersonal and problem-solving skills, attention to detail;
  • Strong technical skills (Excel and Access, especially VBA), experience with databases is a plus.