Early Talent Internship: Actuarial Services

Intern

Throughout the intensive 10-week summer program, participants engage in a structured professional development curriculum featuring:

• Comprehensive training modules
• Executive speaker series
• Educational workshops
• Mentorship programs
• Cohort-based learning experiences

This position provides exposure to key business divisions including:

• Actuarial Services, Asset Management
• Business Management, Corporate Strategy and Development
• Financial Analysis and Accounting, Human Resources
• Internal Audit, Law and Policy
• Marketing and Communications, Product and Business Development
• Retirement Solutions, Risk and Compliance
• Technology, Wealth Management

Key Roles and Duties

• Support high-impact business initiatives by contributing to meaningful projects that directly support business objectives and client outcomes
• Collaborate on strategic presentations and research projects, contributing to PowerPoint and Excel deliverables and analytical materials that inform key business decision-making
• Support a variety of projects by helping to coordinate project materials and meetings to ensure seamless information flow across teams
• Drive independent research initiatives to gather market intelligence, competitive analysis, and supporting documentation that advances business objectives
• Immerse yourself in professional development opportunities through exclusive access to executive speaker series, specialized training programs, and networking events designed to accelerate your career trajectory
• Explore diverse career pathways by working alongside professionals across multiple departments and gaining hands-on experience in various business functions
• Build comprehensive industry expertise while developing deep knowledge of TIAA's culture, values, and position within the financial services landscape

Educational Requirements:

• Currently enrolled in a degree-seeking program pursuing a Bachelor's or Master's degree

Additional Requirements:

• Expected Graduation date between December 2026– June 2028
• Minimum GPA of 3.0

Physical Requirements:

• Sedentary Work

Career Level
2IC

POSITION SUMMARY:

Actuarial Development Program Interns provide actuarial and related assistance with respect to capital adequacy/financial strength, experience studies, actuarial modeling, asset liability management (ALM), valuation, product development, pricing, and non-guaranteed element determination. This internship is for 10 weeks during the summer.

KEY RESPONSIBILITIES AND DUTIES:

Depending on the particular assignment, the Actuarial Development Program Intern may acquire and apply actuarial skills to perform the following functions:

• Actuarial/risk analyses with respect to the company's actuarial liabilities and capital position to ensure adequate financial strength of annuity and life insurance product lines, as well as overall financial strength of the company.
• Experience studies and assumption development for the annuity and life insurance lines of business.
• Asset and liability modeling and analyses of annuity and life insurance lines of business including financial projections and stress testing.
• Various ALM projects such as economic scenario generation, duration analysis, and interest rate stress testing.
• Valuations of actuarial reserves and liabilities.
• Asset adequacy testing and analyses of annuity and life insurance lines of business.
• Development of annuity products and policyholder illustrations; determination of non-guaranteed elements such as crediting rates and dividend scales.
• Other business functions including plan pricing support, risk management and potentially others.

Qualifications - External Required Skills:

• Currently enrolled in a degree-seeking program pursuing a Bachelor’s or Master’s degree
• Expected Graduation date between December 2026– June 2028
• Minimum GPA of 3.0

Preferred Skills:

• At least one Society of Actuaries (SOA) exam passed
• Pursuing degree in mathematics, actuarial science or related field
• Strong communication and problem-solving skills
• Leadership potential
• Technical skills

The role offers a competitive hourly rate of $30 per hour.

Related SkillsAccountability, Adaptability, Business Acumen, Collaboration, Communication, Consultative Communication, Data Analysis, Influence, Market/Industry Dynamics, Problem Solving, Relationship Management

Anticipated Posting End Date:

2025-09-29Base Pay Range: $24.23/hr - $25.00/hr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Read more about your rights and view government notices here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. 

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: [email protected]

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