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Actuarial Internship

AIG

AIG

Actuarial Internship

Woodland Hills, CA +3 locations
Internship
Paid
  • Responsibilities

    Actuarial Division

    Actuarial professionals have the pivotal role in driving the results at AIG, and are integral to AIG’s success with their expertise in quantitative analysis, insurance pricing, loss reserving, and risk quantification. We have dedicated Finance Actuaries that play a critical role in ensuring the financial condition of AIG’s major regulated and rated insurance operating companies around the world. Specifically, the Finance Actuarial team is responsible for reserving and valuation of liabilities; assessing the soundness of regulatory and rating agency; capital and assessment of insurance capital needs.

    Portfolio Analytics and Pricing Actuaries dedicated directly to support AIG’s businesses are responsible for technical pricing, product development analytics, performance monitoring and measurement, and assessment of reinsurance needs. This team also works with marketing, operations, and financial management to achieve business objectives.

    Summer Internship Program Description

    Joining the AIG Summer Internship Program is a great way to enhance your business acumen and gain insight into our industry. Summer interns are placed into meaningful and influential roles that have an immediate and integral impact on the business.

    The Summer Internship Program lasts approximately 10 weeks and is targeted to students entering the final year of their undergraduate or graduate education. After initial orientation and intensive training, summer interns will join one of our business lines, each of which offers a unique opportunity to obtain core technical knowledge and professional skills in a diverse and global environment.

    Summer interns establish goals with their managers during the first week, and the goals are measured at the mid and end points of the summer. Successful summer interns may be considered for full-time analyst positions to begin in 2019.

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  • Qualifications

    Qualifications Required:

    • Minimum grade point average of 3.2 (unofficial transcript required upon application)
    • Bachelors or Master’s degree, or candidate for Bachelors or Master’s degree to be received no later than August 2019
    • Complete one or more Actuarial Exam(s) by the start of the internship (June 2018)

    Preferred:

    • AIG seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative and interpersonal skills, and are enthusiastic about and committed to the insurance industry.
    • The ideal candidates will be bold thinkers with an entrepreneurial bent, and will possess a powerful blend of IQ (technical skills, consistent learning, statistical & financial acumen) and EQ (adaptive communication, empathy, listening skills, challenging with humility).
    • We also look for a diverse background of experience, culture, and thought.
    • Successful candidates typically have a global perspective and a record of successful teamwork.
    • Locations AIG Actuarial Summer Internship positions are available in Atlanta, Houston, New York, Woodland Hills.
  • Benefits

    AIG internship can bring you opportunities for active learning, creativity, collaboration, and leadership development.

    In addition to the experience acquired on the job, summer interns have the opportunity to learn directly from senior management and participate in webinars, discussion forums, and networking receptions.

  • Industry
    Insurance
  • Locations
    Woodland Hills, CA • Atlanta, GA • New York, NY • Houston, TX
  • Fun Fact
    AIG insures 89% of Fortune 500 Companies, 96% of Fortune 1000 Companies and 40% of Forbes 400 Wealthiest Americans.
  • About Us

    AIG is of the world's largest insurance organizations with more than 88 million customers across the globe. It's a leader in property casualty insurance and life and retirement services, and it's more than the sum of its parts. It's a network of approximately 60,000 people in more than 90 countries who come together every day to take on the world’s new challenges.