Actuarial Internship - Summer 2024

Are you ready for an exciting internship with Globe Life located in McKinney, TX?

We proudly provide life insurance coverage to over 4 million policyholders. With over $80 billion of insurance in force. Globe Life is committed to providing secure life insurance protection to their policyholders today and in the future.

Globe Life's internship program offers a diverse opportunity to work in a specific department gaining hands-on experience as well as working on much larger team projects throughout the organization with exposure to senior management and mentors. This rigorous program ensures the opportunity for students to enhance new skills, obtain real-world experience, gain specific field-related exposure, and make important connections for the future.

All Globe Life summer interns are offered a competitive hourly pay rate, ensuring fair and consistent compensation for your valuable contributions during the summer internship program.

Please click the link to view our 2023 Interns experience. Click Here

Globe Life is seeking motivated Actuarial interns ready to apply knowledge of life and health insurance product design, development and implementation, and the ongoing financial management of the enterprise financial terms and principles to an authentic real-world experience. The interns will assist with a wide range of duties, including analyzing data, preparing financial reports, and presenting results. This is an exciting opportunity for any student pursuing a career in Actuarial Science.

JOB SUMMARY:

The Actuarial Department is responsible for supporting and enhancing sustainable growth of both sales and profits while managing the risks and safeguarding the solvency of Globe life. Actuaries are involved in life and health insurance product design, development and implementation, and the ongoing financial management of the enterprise.

Each Actuarial intern will join one of the Actuarial Department groups and be involved in a combination of their duties and responsibilities. Ideally, the intern will already have a basic knowledge of the tools before the internship starts but, in any case, it is expected that the intern will get deeper knowledge of a few tools while working.

Primary Duties & Responsibilities:

• Creation of an agent analytics process that reads data from several sources, produces reports of the results, and allows to draw conclusions.
• Migration of processes from SQL server to the cloud and validation of the results.
• Development of dashboards presenting financial results.
• Creation of Life Insurance experience reporting process
• Creation of life and health insurance experience study process.
• Pricing of Health insurance products.

Required Skills

Knowledge, Skills, & Abilities:

• Positive attitude and inquisitive nature.
• Strong verbal and written communication skills.
• Ability to work effectively both individually and in a team environment.
• Accuracy and attention to detail.
• Reliable and predictable attendance of your assigned shift .

Desired:

• Strong analytical and mathematical skills.
• Knowledge of actuarial mathematics.
• Software: MS Excel, Tableau, PolySystems.
• Familiarity with Databases.
• Programming skills.

Activities:

• Assigned Group Projects.
• Special assigned projects by group leaders.
• Lunch with CEO's.
• Intern Mixer (Dallas Regional Chamber).
• Texas Rangers (Globe Life Suite).

Required Experience

Education requirements

• Completed two years toward bachelor’s degree in Actuarial Science, Mathematics, Data Science, Programming, or related field.
• Minimum 3.0 GPA (Official Transcript May be Requested).
• Have the ability to work 40 hours per week June 3, 2024- July 26, 2024.
• U.S. citizen or legal resident.

Knowledge, Skills, & Abilities:

• Positive attitude and inquisitive nature.
• Strong verbal and written communication skills.
• Ability to work effectively both individually and in a team environment.
• Accuracy and attention to detail.
• Reliable and predictable attendance of your assigned shift .

Desired:

• Strong analytical and mathematical skills.
• Knowledge of actuarial mathematics.
• Software: MS Excel, Tableau, PolySystems.
• Familiarity with Databases.
• Programming skills.

Activities:

• Assigned Group Projects.
• Special assigned projects by group leaders.
• Lunch with CEO's.
• Intern Mixer (Dallas Regional Chamber).
• Texas Rangers (Globe Life Suite).