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Actuarial Summer Intern

Advisors Excel
Topeka, KS Intern
POSTED ON 2/4/2025
AVAILABLE BEFORE 4/4/2025
Position: Actuarial Summer Intern
Location: 6001 SW 6th Ave.
Topeka, KS
Job Id: 2208
# of Openings: 1
Title: Actuarial Summer Internship
Department: Innovation Design Group
Overview:
Are you studying actuarial science, or a related field? Do you want to be part of an innovative team that leads the industry in financial product development? We are looking for a highly motivated, analytically minded intern to join our Innovation Design Group team for the summer. In this internship you will have the unique opportunity to engage in project ownership and gain knowledge and hands on experience in the financial product industry.
All Summer Interns will be included in Topeka's Top City Internship program. The Top City Internship program is comprised of several large and small businesses and gives you the opportunity to visit and tour other great companies in the Topeka area, listen to talks from top business influencers and the chance to network with other Interns in the program throughout the city.
IDG is willing to provide lodging accommodations if needed.
What you'll do:
  • Developing premiums and benefits for new or enhanced insurance and annuity products
  • Designing new products and product features
  • Projecting profitability generated by the company's products
  • Analyzing matching of assets and liabilities and developing optimal investment strategy
  • Quantifying risk exposure and proposing ways to minimize risk
  • Performing actuarial research and statistical analyses
Experience you'll bring:
  • In sophomore, junior or senior year, or a recent college graduate, working towards a Bachelor's degree with an accredited college or university (preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance)
  • Strong written and oral communication, and strong interpersonal skills
  • Analytically minded
Bonus Points:
  • Cumulative GPA of 3.0 or higher
  • Knowledge of modeling packages, programming languages, and spreadsheet/database software
  • Passage of one or more Society of Actuaries exams (working toward ASA/FSA designation)
What you'll get:
  • Challenging assignments and practical on the job experience
  • Practical development opportunities in the form of actuarial modeling projects and programming
  • An opportunity to work IDG's top actuarial staff and executive management, and insurance and banking industry professionals and IDG actuaries
  • Opportunity to present to an actuarial audience and executive management
  • Individual meetings and project coaching with an executive actuarial staff
  • Prospect of securing a part-time, school year position with IDG, based on candidate's academic priorities and schedule
  • Sponsored social events
  • Participate in group volunteer event(s)
Who We Are:
Innovation Design Group is a subsidiary of Advisors Excel and is a fast paced, cutting-edge company that seeks to innovate in its development of index linked financial products. We partner with industry leading insurance carrier and investment banks to bring financial products to market. These products solve retirement planning gaps and strategically evolve next generation index linked solutions. We have high expectations to continually move our business forward. We are on the hunt for positive people who thrive on hard work and in a collaborative team environment. If this sounds like you, then what are you waiting for? We want you to join our team!
Innovation Design Group is an Equal Employment Opportunity Employer. Everyone is welcome here - as an inclusive workplace, our employees are always comfortable bringing their true selves to our offices daily.

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