Actuarial Intern, US Life (2025 Summer Internship - New York) Job Details | Munich Re Careers

Summary

American Modern Insurance Group is a leading reinsurance company, seeking an Actuarial Intern for their Summer 2025 internship program in New York. The internship offers practical experience in various actuarial departments, allowing interns to engage in meaningful projects and develop skills necessary for a future career in the reinsurance industry.

Responsibilities

• Help with the completion of experience studies and assist with quote reviews for different lines of business (Life, Longevity, Long Term Care)
• Use experience studies to analyze mortality and persistency trends within the life insurance industry
• Conduct research of key trends within the US general population
• Collaborate with many different functions across the company, to provide expertise and set assumptions for calculating policy liabilities
• Build and manage complex actuarial models
• Learn the details of current and upcoming regulations
• Perform analysis of the business
• Work closely with other departments to invent creative solutions
• Understand key drivers in profitability due to changes in assumptions, reinsurance agreements, industry trends, and product design
• Work on high-impact projects including developing client strategies, building complex actuarial models, reporting key profit metrics, performing market research, and quoting on special business

Skills

• Currently pursuing an Undergraduate or Master's degree in Actuarial Science, Math, Statistics, Risk Management, or equivalent program – in healthy academic standing
• Excellent communication skills – spoken & written, formal/informal presentation
• Proven capability to multi-task and successfully self-manage multiple priorities and projects of various significance
• Exhibits solid organizational skills and rigorous attention to detail/accuracy in a fast-paced environment
• Demonstrates leadership qualities – clear-thinking, curiosity, integrity, and drive
• Proficient Microsoft Excel skills
• Preference for candidates who have relevant work experience (in actuarial, insurance, or financial services desired)
• Successful completion of two or more SOA exams preferred

Qualifications

Must Haves

• Currently pursuing an Undergraduate or Master's degree in Actuarial Science, Math, Statistics, Risk Management, or equivalent program – in healthy academic standing
• Excellent communication skills – spoken & written, formal/informal presentation
• Proven capability to multi-task and successfully self-manage multiple priorities and projects of various significance
• Exhibits solid organizational skills and rigorous attention to detail/accuracy in a fast-paced environment
• Demonstrates leadership qualities – clear-thinking, curiosity, integrity, and drive
• Proficient Microsoft Excel skills

Nice to Haves

• Preference for candidates who have relevant work experience (in actuarial, insurance, or financial services desired)
• Successful completion of two or more SOA exams preferred