Summer 2026 Actuarial Internship | Fully Onsite at Allianz Global Corporate & Specialty SE

Saint Louis Park, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jan, 26

Salary

32.0

Posted On

05 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Communication Skills, Programming Skills, Math Skills, Excel, VBA, Actuarial Science, Financial Modeling, Data Analysis, Artificial Intelligence, Detail Orientation, Creativity, Self-Motivation, Curiosity, Flexibility, Technical Brilliance

Industry

Financial Services

Description

What you do: As an intern, you will gain real employee experiences from a top FORTUNE'S "100 Best Companies to Work For" corporation. We place a high value on our interns and involve them in real work with a real business impact, making our internships a class of their own. With exceptional opportunities and benefits such as: presentation opportunities, access to our senior and executive level leaders, financial education workshops and a professional development series. If you want to be an actuary, this is the place to get you started. Bring your curiosity, flexibility, creativity, self-motivation, detail orientation, and technical brilliance to work with our seasoned actuaries in using industry-leading technology on projects that add value and make a significant impact on our business. This includes analyzing annuity and life insurance products, participating in the development and pricing of new products, preparing financial statements, hedging our investments, producing analysis and reports for senior leaders, performing Excel spreadsheet automation and developing complex financial models. Assist in preparation of financial reports, memorandums and other required actuarial supporting analyses including: New product and filings and rollouts Product management actions Requests from external auditors, state regulators and rating agencies Parent company requests and requirements Experience studies and assistance in development of pricing, projection or valuation assumptions Design and develop sophisticated modeling techniques in an Actuarial projection software Communicate actuarial results to cross-functional areas including: Business unit and other Support unit personnel and documentation of the actuarial analysis performed Utilize artificial intelligence tools and resources (e.g. generative AI). What you bring: Superior communication, programming and math skills The ability to translate results into words Experience using Excel, VBA and/or other programming languages Active pursuit of a degree in Actuarial Science, Mathematics or related field Completion of 1-2 SOA exams preferred Leadership experience a plus Preference will be given to candidates that also have the following: Previous actuarial internship experience Successful completion of at least one SOA exam Programming or database management experience Candidates must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas. Range: $29/hr - $32/hr What we offer: At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Responsibilities

Interns will assist in analyzing annuity and life insurance products, participating in the development and pricing of new products, and preparing financial statements. They will also communicate actuarial results to cross-functional areas and utilize artificial intelligence tools.