Actuarial Intern P&C - Summer 2025 Job at FBL Financial Group, West Des Moines, IA

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  • FBL Financial Group
  • West Des Moines, IA

Job Description

Actuarial Intern P&C - Summer 2025

**There are currently two internships available**

Are you looking for real-world experience right now?If so, we have an internship for you! Gain valuable experience as a P&C Actuarial Intern.In this role, you will be providing support to actuarial staff and assisting in basic actuarial functions and insurance concepts. In addition, you will also develop a working knowledge of automation in relation to validating rating factors as well as actuarial processes, reports, and exhibits. Types of projects you can expect to be involved in may include:
  • Developing rate level and rating factor revisions for annual line of business rate changes.
  • Developing a working knowledge of automation to validate rating factors as well as actuarial processes, reports, and exhibits.
  • Compiling information regarding competitor rating and coverage.
  • Working with our competitive rating tool and internal data to compile reports and maps relating to competitive prices.
  • Utilizing SQL and Excel to profile data.
  • Learning about database structures.
Our internship program holds an 80/10/10 approach, meaning that 80% of your work time will involve performing tasks or working on projects within your hired work area. Another 10% of the time, you will be exposed to learning in other areas within your assigned division to get more corporate experience. The final 10% will be spent on shared experiences across the organization, where you will get to really learn about our culture and work environment.

What will you bring to the team?
  • Be dependable and able to work full time (38.75 hours per week), on-site in West Des Moines during Summer of 2025.
  • Working toward a College degree in data science or actuarial science is preferred.Completion of an actuarial exam is preferred but not required.
  • Have substantial experience with spreadsheets and be able to utilize spreadsheets to solve to actuarial related problems.
  • Have knowledge of programming or statistical software packages such as VBA, SQL, R, Python or SAS.
  • Have above average mathematical and analytical ability to be able to analyze and resolve difficult problems.
  • Strong analytical, problem-solving and organizational skills required.
  • Have professional oral and written communication skills
  • Have the ability to read, write and speak the English language are also required.
  • Ability to work in person from our office in West Des Moines, Iowa.
Get your career started on the right track and apply for an internship with us today!

Work Authorization/Sponsorship: At this time, we are not considering candidates that need any type of immigration sponsorship now or in the future, such as additional or permanent work authorization.Applicants must be currently authorized to work in the United States on a full-time, permanent basis. We are not able to sponsor now or in the future, or take over sponsorship of, an employment visa or work authorization for this role. For example, we are not considering candidates with OPT status.

Job Tags

Permanent employment, Full time, Summer work, Work visa,

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