transamerica

Actuarial Intern (Summer 2027)

At a Glance

Location
Cedar Rapids, Iowa, United States
Employment
Full time
Posted
2026-08-03

Key Requirements

Required Skills

ExcelPython

Benefits & Perks

Health Insurance

isability Insurance Medical Insurance Dental Insurance Vision Insurance Emplo

Requirements

Most interns will have already passed at least one SOA exam by the time of their internship.

Knowledge of MS Excel or other spreadsheet applications

Knowledge of at least one computer programming language and/or Visual Basic

Knowledge of R, Python, or similar database applications

Familiarity with MS Access or other database applications is preferred

Compensation & Benefits

The salary for this position generally ranges between $24.00 - 29.00 per hour.

Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Full-time interns will receive an intern allowance to offset costs associated with relocation, housing, parking/transit, and/or mileage.

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

Responsibilities

Internships are short-term work experiences for a designated period of time that allow college students the opportunity to observe and participate in the professional work environment, to explore how his/her interests relate to possible careers, and to gain practical experience in an industry relating to their field of study.

Typical assignments in the Actuarial function include an introduction to the business, product development, financial reporting, and risk management.

Compile data for experience analyses and prepare related reports

Assessing current and new product designs for feasibility in the marketplace

Translating product specifications into valuation assumptions for new products

Pricing of new and existing product designs to ensure that Division profit goals are met