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
Benefits & Perks
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