Actuarial Internship (Hybrid) Wisconsin-Madison (EDP)

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone.  We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance, investment and technology solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.

Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition

Actuarial Intern

Time Frame: Summer 2026 (10 weeks, full-time)
Work Location: (Hybrid) Wisconsin-Madison

Financial Aid: $2,700 housing stipend for relocation from more than 50 miles from Madison headquarters
Additional Compensation Details:  For our Actuarial Internships, compensation is also based on the number of exams/modules passed

Positions: 4-8 interns

Early Development Program (EDP)
An internship path focused on delivering a meaningful experience designed to enhance students’ skillsets. With access to hands-on experience, mentorship, development sessions/workshops, and more, this pathway cultivates future talent who are exploring their career interests.  Most appropriate for freshmen and sophomores.

We are offering two distinct Actuarial Internship opportunities. Applicants should apply to only one position.

• Early Development Program Internship: Best suited for freshmen and sophomores.
• Emerging Professional Program Internship: Intended for juniors and those further along in their academic careers.

Job Purpose:

We are looking for an analytical individual with a demonstrated understanding of actuarial and statistical concepts. The Actuarial Intern will be an active member of a team and do meaningful work to help the company further its mission of creating a brighter financial future for everyone. Work may be part of a larger project with multiple contributors or individually driven. In this internship, you will gain exposure to a corporate environment and have access to senior leadership. Attention to detail, willingness to learn from mistakes, independence, and clear communication are necessary to succeed in this internship. 

Job Responsibilities:

• Supporting property & casualty, life, annuity, retirement, or health practice areas
• Creating and running actuarial programs on PolySystems, GGY Axis, ResQ, Python, or R
• Maintaining and enhancing spreadsheets
• Visualizing data in Power BI or Excel
• Performing experience studies to set reasonable actuarial assumptions
• Calculating interest rates and dividends
• Pricing, reserving, or modeling
• Making recommendations
• Presenting and explaining your work to others

The above statement of duties is not intended to be all-inclusive, and other duties will be assigned from time to time.

Job Requirements:

• Working towards a relevant degree or equivalent work experience
• Strong analytical, critical thinking, problem-solving, and decision-making skills
• Demonstrated interpersonal and customer service skills
• Excellent communication skills
• Intellectual curiosity and the desire to learn

Preferred Experience:

• Pursuit of a bachelor’s degree or higher in Actuarial Science, Risk Management & Insurance, Mathematics, Statistics, Economics, Finance, or related field
• Passed 1 or more SOA or CAS actuarial exams (but not required)
• Prior internship experience (but not required

If you’re ready to help make a difference, apply today.  A resume is required to apply. TruStage may process applicant information using an Artificial Intelligence (AI) tool.  This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward.  Candidates may choose to opt out of this process.

Compensation may vary based on level of relevant experience, year in school and number of previous internships.

Base Salary Range:

At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. Eligible employees may also enroll in medical coverage, employee assistance program, and the 401k plan.  Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees.  We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when “life happens,” you can focus on what’s most important.

Accommodation request

TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.