Intern, Temporary

About the Role

Horace Mann Educators Corporation is seeking a P&C Actuarial Intern for the summer of 2027. This temporary role focuses on data analysis and contributions to projects within the Property & Casualty (P&C) Actuarial team. The intern will gain exposure to financial modeling, risk assessment, and regulatory compliance within the insurance industry, applying quantitative skills to real-world actuarial principles.

Key Responsibilities

• Analyze large datasets, including insurance claims and policyholder information.
• Clean, organize, and analyze data sets using statistical software such as Excel or R.
• Actively participate in department and project meetings, contributing ideas and engaging in cross-functional collaboration.
• Assess risks associated with insurance policies and understand pricing methodologies.
• Support actuaries in tasks such as calculating insurance premiums, determining reserves, and assessing risk levels.
• Gain an understanding of Horace Mann's insurance products and their actuarial considerations.
• Assist in developing and updating financial models to predict future insurance trends and financial outcomes.
• Conduct analyses adhering to actuarial standards of practice, including selecting data sources, making assumptions, and developing recommendations.
• Shadow seasoned actuaries, participate in industry events, and connect with professionals.

Requirements & Tech Stack

• Currently pursuing a Bachelor’s degree in actuarial science, finance, economics, statistics, mathematics, business, or a related field.
• A minimum of one (1) Actuarial exam through either the Society of Actuaries (SOA) or the Casualty Actuary Society (CAS) must be completed.
• Strong proficiency in statistical analysis.
• Expertise in MS Excel and other relevant programs.
• Exceptional analytical abilities to analyze data, interpret trends, and make recommendations.
• Proficiency in programming language R for modifying and analyzing actuarial reports.
• Compelling written and verbal communication skills.
• Detail-oriented and organized.
• Open to growth and learning new skills.
• Ability to travel to Springfield, IL offices weekly (hybrid work schedule).

Qualifications

• Implicitly requires the ability to analyze data, interpret trends, and make sound recommendations.
• Implicitly requires the ability to communicate findings, collaborate with team members, and explain complex concepts.
• Implicitly requires the ability to prioritize work and time effectively.

Compensation

• $26/hour
• Salary is commensurate to experience, location, etc.