Actuary Intern

Recruiter
TIAA
Location
Charlotte, NC, USA
Salary
Competitive salary
Posted
24 Sep 2020
Closes
21 Dec 2020
Ref
8507571
Job role
Accountant
Experience level
Entry level, Internship
All companies + Hiring difference makers. ☰ Actuarial Internship New  TIAA     3 days ago Post Date Apply for Job Share this Job
COMPANY OVERVIEW:

TIAA (TIAA.org) is a leading provider of financial services in the academic, research, medical, cultural and government fields. TIAA has 1.1 trillion in assets under management (as of 06/30/2020) and offers a wide range of financial solutions, including investing, banking, advice and education, and retirement services.

For more information about TIAA, .

POSITION SUMMARY:

Actuarial Development Program Interns provide actuarial and related assistance with respect to pricing, product development, valuation, risk analysis and management, and retirement plan support. This internship is for 10 weeks during the summer.

KEY RESPONSIBILITIES AND DUTIES:

Depending on the particular assignment, the Actuarial Development Program Intern may:
  • support risk analyses performed with respect to the company's actuarial liabilities and capital position to ensure adequate reserving and financial strength of annuity and life insurance product lines, as well as overall financial strength of the company
  • perform asset and liability modeling and analyses of life insurance and annuity products
  • perform asset adequacy testing and analyses of life insurance and annuity lines of business
  • provide actuarial assistance in support of new and existing pension business, including the testing of retirement plans for compliance with non-discrimination rules and actuarial valuation of defined benefit plans
  • support development of pricing structure and design of annuity products, including determination of rates, dividend scales and policyholder illustrations
  • perform valuations of actuarial reserves and liabilities

Required Skills:
  • Currently pursuing a bachelor's or master's degree in mathematics, actuarial science or related field
  • Graduating between December 2021 and August 2023
  • GPA of 3.0 or higher
  • At least one Society of Actuaries (SOA) exam passed

Preferred Skills:
  • Strong communication and problem-solving skills
  • Leadership potential
  • Technical skills

Equal Employment Opportunity is not just the law, its our commitment. Read more about the . If you need assistance applying due to being visually or hearing impaired, please email , or call We are an Equal Opportunity/Affirmative Action Employer. We will consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status. Additional Information
  • Requisition ID: 1728835
Previous Job Searches
 All locations
My Profile
Create and manage profiles for future opportunities.
My Submissions
Track your opportunities.
© TIAA Careers. All rights reserved. Explore all the opportunities we have to offer
EARLY TALENT
Start your career with us
Help us deliver on our unique mission to serve those who serve others. We'll put your talents and skills to work immediately - no waiting.

WHY TIAA
We are TIAA. Created to serve. Built to perform. DIVERSITY
We're proud of our diverse backgrounds and perspectives.
CAREER AREAS
Explore our career areas to see where you might fit best.
LOCATIONS
We have opportunities available across the United States and in India.
OUR BENEFITS
The overall health of our employees is important to us.

MAKE A DIFFERENCE
Meet some incredible people making a difference
To mark our 100th year, we're honoring Difference Makers by donating $1 million to the organizations they support. Thousands were nominated, and we want to share their inspiring stories with you.
2019 and prior years, Teachers Insurance and Annuity Association of America - College Retirement Equities Fund, New York, NY 10017
TIAA is an Equal Employment Opportunity/Affirmative Action employer committed to fostering workforce diversity and inclusion.

Advisory services provided by Advice & Planning Services, a division of TIAA-CREF Individual & Institutional Services, LLC, a registered investment adviser.
1 0