FAQs
What is the duration of the Actuarial Development Program Internship?
The internship lasts for 10 to 12 weeks, beginning in Summer 2025.
Where is the internship located?
The internship is located in Richmond, Virginia, and follows a hybrid work model.
What type of degree is required to apply for this internship?
Applicants must be pursuing a bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
What skills are necessary for this internship?
A strong mathematical background and demonstrated proficiency in oral and written communications are necessary skills for this internship.
Is there a minimum GPA requirement for applicants?
Yes, a minimum GPA of 3.2 on a 4.0 scale is preferred.
Are there opportunities for professional development during the internship?
Yes, interns will attend on-site technical and professional development classes.
Will interns have the chance to work with real-world data?
Yes, interns will have the opportunity to work with large data sets and utilize advanced Excel techniques and programming.
Is participation in community service events encouraged?
Yes, interns are expected to participate in sponsored community service events.
Will interns have access to actuarial software?
Yes, interns will gain exposure to actuarial software such as GGY AXIS, MG-ALFA, and PolySystems.
What career progression opportunities exist after the internship?
The internship could potentially lead to full-time opportunities within the company.