2023 Summer Intern - Actuarial
At Equitable, our power is in our people.
We’re individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you’ll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?
Actuarial Intern Program
Each summer, Equitable invites a select group of diverse and talented college students to spend ten weeks learning from our actuarial team. In addition to leading an actuarial project, you will:
- Prepare for a Society of Actuaries exam with our prep classes.
- Improve your technical skills through Excel and VBA trainings.
- Research and collaborate on an actuarial topic that you will present to the senior leadership team.
- Work with a mentor to enhance your knowledge and learn how to work in an office setting.
- Learn from experienced actuaries at the Summer Speaker Series.
- Socialize with developing actuaries and more senior members at various group events throughout the summer.
For over 35 years, our program has provided summer interns with an in-depth look at a challenging and exciting actuarial career. Combining on-the-job training with structured learning opportunities, you will receive personal attention and guidance to make meaningful contributions to current company initiatives. You will gain first-hand experience with the techniques used to solve insurance business problems by working closely with actuaries across the Pricing, Valuation, Actuarial Modeling and Risk Management areas.
Internship Dates: June 5, 2023 through August 11, 2023
Location of internship: Jersey City, NJ or Charlotte, NC
Qualifications
- Currently attending/enrolled in an undergraduate or graduate program
- Passing of one actuarial exam OR a score of at least 700 on the Math SAT OR the following educational requirement:
- Must have at least a 3.7 grade in two classes of the following topics (or similar topics):
- Probability
- Statistics
- Financial Math (Interest Theory, Econometrics, Quantitative Analysis, Financial Theory)
- Financial Economics
- Calculus (2-3, Differential Equations)
- Linear Algebra
- Computer Science
- Microeconomics/Macroeconomics
- Finance
- Actuarial Mathematics
- Note for the above grade requirement, you need to achieve >= 3.7 in each class, not an average between the two.
- With these two classes, at least one must be a 300-level course, and none can be a 100-level course (so no beginner/introductory classes).
- At least 1 of the classes must be within the math department (so for example, could not send in 1 economics class and 1 computer science class).
Preferred Requirements
- Rising senior in undergraduate/graduate program
- Coursework that includes math, probability and statistics, computer science or economics
- Ability to think creatively, communicate clearly and work collaboratively
Skills
- Values differences: Recognizes the value different perspective and cultures brings to an organization.
- Applies business insights: Applies knowledge of business and the marketplace to advance the organization’s goals
- Build strong teams: Builds strong identity teams that apply their diverse skills and perspective to achieve common goals.
- Cultivates innovation: Creates new and better ways for the organization to be successful.
- Adapts and learns: Actively learns and adapts through experimentation when tackling new problems and situations, using both successes and failures to develop and learn.
About Equitable
At Equitable, we’re a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
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Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.