Federated Mutual Insurance Company

  • Actuarial Intern - Summer 2019

    Job Locations US-MN-Owatonna
    Job ID 2018-2151
  • Job Details

    Internships are a great way to hone your skills in a professional setting. You’ll be exposed to a variety of meaningful projects and will collaborate with team members daily. Your colleagues want you to learn and succeed, and you’ll benefit from their coaching and feedback. Even better, your contributions will be valued and rewarded – as you will be an important member of our team. This is a full-time, paid internship for the summer of 2019, starting the beginning of June and ending mid-August.


    If you are ready to apply your knowledge and skills in a meaningful work experience, to receive coaching and feedback that will allow you to develop your skills, and to make important contacts and have an opportunity to do some networking, then Federated’s Actuarial Internship may be right for you!


    • Performing company level experience and rating level studies
    • Collecting and organizing data to create new or automate existing reports
    • Calculating impact of assumption changes on current book of business
    • Assembling exhibits and other information needed in rate filings and other regulatory reporting
    • Collaborating with others to assist in day to day items as needed
    • At the conclusion of the internship, you will prepare a presentation outlining your internship experience and present it to Actuarial Services and Human Resources


    • Junior or Senior majoring in Actuarial Science, Math or Statistics
    • Minimum overall GPA of 3.2
    • Strong computer knowledge including the ability to use Microsoft Excel or equivalent spreadsheet software
    • Maintain the confidentiality of business and personnel information


    • Financial Compensation
    • Furnished Housing provided
    • Subsidized Country Club Membership
    • Subsidized on-site Fitness Center membership
    • Participation in Federated's Wellness Program
    • Free Employees Club Membership

    About Us

    At Federated Insurance we have a unique culture that values both our clients and our employees. The success of our client is our mission! As an employee you will be surrounded, encouraged and supported by others who believe in what we do - and how we do it - matters. You will experience on-the-job learning and a "promote from within" environment. You will be recognized for your contributions with exceptional rewards that support you. Join a culture where our employees spend countless hours volunteering with non-profit organizations in their communities and donate thousands of dollars toward community and social betterment. With the diversity of over 450 jobs - you are bound to find a place to land and grow! Insurance = Opportunities.


    Join us and "Be Part of Something Bigger!"


    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed

    Need help finding the right job?

    We can recommend jobs specifically for you! Click here to get started.