Farmers Mutual is seeking aspiring actuarial students for our in-person paid Actuarial Internship!  Be a part of a rock-solid company with deep Midwest roots right here in downtown Lincoln, Nebraska. If our core values resonate with you and you are located in Lincoln, NE, USA, we encourage you to apply to be a Farmers Mutual Intern today! Please supply both a cover letter and a resume. This is NOT a remote position. We offer free of-street parking.

Core values include: Integrity - Service - Excellence - Stability - Strength - Respect - Teamwork 

As an Actuarial Intern, you will be responsible for actuarial and statistical analyses that support our business objectives. This will include collecting, analyzing, and interpreting data relating to our product pricing, rating algorithms, and loss reserves. Additionally, there will be many opportunities to learn about and collaborate with other functional areas within the company.

Actuarial Intern's Duties and responsibilities :

• Use current research and statistical techniques to analyze coverage profitability and price adequacy
• Assist in the preparation and implementation of product rate proposals
• Assist in the maintenance, validation, and analysis of actuarial datasets
• Prepare reports and provide relevant summaries to management
• Assist in the gathering and analysis of loss reserving and of loss frequency and severity information
• Apply technical skills by building queries in SQL and reviewing, editing, and writing code in Python
• Recognize and apply best practices and create enhancements in work products
• Provide support to other departments within the company with various analyses/reports to evaluate business performance
• Report to work on a regular and timely basis

Qualifications of an Actuarial Intern:

• Currently pursuing a bachelor's or master’s degree with major in actuarial science, mathematics, statistics, or equivalent required
• Successful completion of at least one actuarial exam preferred
• Interest in learning about P&C insurance and achieving membership in the Casualty Actuarial Society
• Competent with Microsoft programs, with reasonable proficiency in Excel
• Some knowledge of programming such as Visual Basic and macros
• Familiarity with various analytical and modeling software such as Python, R, or SAS helpful
• Excellent oral and written communication skills, self-driven, and strong quantitative, analytical, and interpersonal skills

About Farmers Mutual of Nebraska

Farmers Mutual of Nebraska provides security and peace of mind by delivering insurance products that are responsive to your needs and supported by our exceptional service and financial strength. As the largest insurer of farms in both Nebraska and South Dakota, and the leading Nebraska-based insurer of homes, farms, and automobiles in the state, our promise is to be "Always alongside you."

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