Actuarial Intern

Posted on 9/16/2025

QBE Insurance

QBE Insurance

Compensation Overview

$18 - $27/hr

+ Bonus

Madison, WI, USA

Hybrid

This role requires in-office presence 4 days per week.

Primary Details

Time Type: Full timeWorker Type: Employee

Title: Actuarial Intern (Summer 2026)

The Opportunity:  Working alongside our highly skilled and extremely professional actuarial services team. Interns are typically placed in a pricing or financial reporting role working side by side with actuaries or senior level actuarial students. They are presented with challenging projects that provide them with useful experience while allowing them to develop their problem solving and decision-making skills.

  • Location: Sun Prairie, Wisconsin
  • Work Arrangement: This role is hybrid, where you will be expected to be in the office 4 days per week at our Sun Prairie, WI office
  • The salary range for this role is between $18-$27.00 an hour

Your new role  

  • Assist the actuarial staff in extracting, compiling, reviewing, and analyzing data in support of the goals of the Actuarial Department
  • Make key contributions to various actuarial functions such as: pricing, reserving, modeling, reinsurance, and business planning
  • Perform appropriate checks within processes to minimize errors and inaccuracies and verify data reconciliations
  • Network with other members of the Department to establish mutual respect in business processes
  • Clearly communicate results of projects to technical and non-technical staff and present to entire actuarial and data science department

Required Qualifications  

  • Completion of High School Diploma/GED
  • Full-time current enrollment in a bachelor’s in Actuarial Science
  • Must be returning to college/university upon completion of internship.
  • Course work or relevant experience with demonstrated achievements
  • Ability to work from June 1st, 2026 to August 7th, 2026

Preferred Competencies/Skills

  • Actuarial Exams: Have completed at least one actuarial exam.
  • Analytical Thinking: Strong analytical skills to interpret complex data and draw meaningful insights.
  • Mathematical Proficiency: Strong mathematical foundation in calculus, probability, and linear algebra.
  • Attention to Detail: Meticulous attention to detail to ensure accuracy in data analysis and modeling.
  • Programming Proficiency: Strong programming skills in: Python, R, SQL, SAS, or Julia for data manipulation and model development.
  • Problem-Solving: Proven problem-solving abilities to address challenges in actuarial computations and analysis.
  • Communication Skills: Effective verbal and written communication skills to convey technical concepts to stakeholders clearly.
  • Collaborative Nature: Ability to work in a team environment, collaborating with actuaries and other professionals.
  • Ethical Awareness: Understanding of actuarial candidate code of conduct and professional standards.

Preferred Knowledge

  • Probability and Statistics: Understanding of probability theory, statistical distributions, and their application in actuarial work.
  • Insurance Principles: Familiarity with property and casualty insurance products and terminology.
  • P&C Actuarial Concepts: understanding of basic principles of Property & Casualty ratemaking and reserving.

Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team. 

QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to: 

  • Hybrid Working – a mix of working from home and in the office 
  • 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis 
  • Competitive 401(k) program with company match up to 8% 
  • Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice 
  • Tuition Reimbursement for professional certifications, and continuing education 
  • Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community 

To learn more, click here: Benefits | QBE US. 

Why QBE?  What if you could have a positive impact – at work and in the world? 

At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the center of our success. 

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And our international scale means we’re big enough for your ambitions, yet small enough for you to make a real impact. 

Join us now, so you can be part of our success – and we can be part of yours! 

https://www.linkedin.com/company/qbe-north-america/ 

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.    

Equal Employment Opportunity:   

QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.   

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship. 

Supplementary information   

Skills:

Collaboration Tools, Communication, Critical Thinking, Data Entry, Document Management, Email Management, Financial Products, Hands-On Learning, Intentional collaboration, Managing performance, Microsoft Applications, Report Writing, Research Analysis, Self Motivation, Time Management

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.


Actuarial Intern @ QBE Insurance | InternList.org