Actuarial Analyst Intern

About the role

Description from the employer’s posting. Check the employer’s page for the current version.

Why USAA? At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families. Embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful. The Opportunity Join USAA as an Actuarial Intern to support Pricing, Modeling, Reserving, and Risk Assessment in the Life and P&C industry. Our internship program encourages you to showcase your skills, while gaining real-life experience that’ll help you jump-start your career. Our interns deliver innovative solutions to real business challenges, while building enduring relationships in a collaborative culture with their manager and an assigned mentor. The internships will be based at the USAA Corporate Headquarters in San Antonio, Texas and our Charlotte, North Carolina office. Interns offered full-time roles may have the opportunity to work out of one of USAA’s satellite locations. What you'll do: Our Interns work under direct supervision and follow risk and compliance procedures and guidance, perform routine work assignments and problem resolution to support other team members, including the following tasks: Coordinate, prepare, and perform actuarial analyses for new products, future projections, repricing, and financial strength assessments. Acquire and apply foundational knowledge of USAA’s business, products, and processes. Utilize actuarial modeling software for pricing, valuation, and risk management. Enter data and tables, run models, and generate reports under direct supervision following risk and compliance procedures. What you need to have: To qualify, you must be pursuing a bachelor’s degree or higher from an accredited college or university, and plan to graduate after the final day of the internship. Most of our interns participate the summer between their junior and senior years. Our 2027 internship will start on June 2, 2027, and last through August 13, 2027. Graduation date cannot be prior to August 13, 2027. Graduation date between August 2027 and June 2029. Foundational and conceptual knowledge of actuarial functions and business operations. Pursuing a bachelor’s degree or higher in Actuarial Science, Mathematics, Statistics, Computer Science, Economics, or Finance. Sitting for or having completed one or more actuarial exams Experience communicating or presenting technical topics to a broad audience. Demonstrated leadership through employment, extracurricular activities, community service, or other involvement. Prior quantitative internship or related employment experience. What sets you apart: Knowledge of programing languages and tools such as SQL, VBA, SAS, R, and/or Python. 1 or more actuarial exams completed. Understanding and experience applying data analysis and actuarial techniques. Compensation range: The salary range for this position is: $26.50 - $28.50 . Interns will receive an intern stipend to assist with expenses. USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.). USAA views its internship program as a pipeline to possible future employment. This is based on an individual’s graduation date, performance, role qualifications, and business need. To be considered for possible future employment opportunities interns must meet the full-time work eligibility requirements for any given role. Thus, interns should ensure their sponsorship status and other provided information is accurately reflected on their intern application. Inadequate completion of your application may render you ineligible for further consideration in the hiring process. Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the hourly range based on your experience and market data of the position. The actual hourly rate for this role may vary by location. The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job. Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals. Interns may not be eligible for all benefits, for more details on our outstanding benefits, please visit our benefits page on USAAjobs.com. Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting. USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.