Summer Actuarial Internship Program

How our internship program works.

Interns are offered competitive pay based on the number of exams passed. Free housing is provided for our New York City office (a housing stipend may be provided for other locations). Our program also includes a number of social events to ensure interns get the most out of their summer experience. Interns are considered for full time employment at the end of the program.

Preparing you for your future career.

Our program combines relevant work experience with a series of actuarial classes and presentations to prepare you for your future career.

Placement in a variety of departments—including pricing and financial reporting divisions—where interns work side-by-side with actuaries or senior level actuarial students.

Presented with challenging, real-world actuarial projects from the team with down-stream impacts. 

At the conclusion of the program, interns present their project to the actuarial community.

Interns attend weekly presentations made by New York Life actuaries, offering them exposure to various roles and products.  

We provide training classes for Microsoft Excel, VBA, and Prophet (our primary actuarial modeling software).

The work you’ll do at New York Life.

Interns work side-by-side with actuaries or senior level actuarial students on a challenging actuarial project which may include:

Students meeting in library

Actuarial modeling and financial analysis

Work on core actuarial tasks associated with our efforts in pricing, reserving or risk analysis.

Process improvement and automation

Utilize Python, VBA, or other automation tools to streamline and improve our actuarial processes.

Data analysis and reconciliation

Use of advanced techniques to extract, transform, and analyze policy, product, or financial data.

What we’re looking for in a candidate.

Application Requirements

Junior or Senior standing

Junior or Senior standing, working toward a bachelor’s degree with an accredited college or university (or in a graduate program)

Preferred majors

Preferred majors: Actuarial Science, Economics, Engineering, Finance, Mathematics, Sciences, and Statistics

Cumulative GPA of 3.0 or higher

Cumulative GPA of 3.0 or higher, with strong written, oral communication, and interpersonal skills

Knowledge of modeling packages

Knowledge of modeling packages, programming languages, and spreadsheet / database software

Actuarial Exams

Successful passage of one or more Society of Actuaries exams preferred

New York Life is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity.