Financial Services Actuarial Intern

Job Description

About Company:
Nationwide Insurance and Financial Services is a company where the motto “on your side” extends beyond just words, focusing on placing customers at the center of everything they do. They are looking for associates passionate about delivering extraordinary care. Within Nationwide’s Finance department, there are extensive opportunities for growth and learning across diverse disciplines. These include, but are not limited to, Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor roles, and Internal Audit. The company aims to help individuals create their career journey within this dynamic environment.

Job Description (Detailed):

This role is for a Financial Services Actuarial Intern. It promises an exciting and challenging experience designed to foster continuous learning and development within the actuarial field, supported by experienced professionals.

The internship is structured as a 12-week summer program located in Columbus, Ohio.

Key Learning and Experience Areas:
Participants will gain valuable experience in crucial actuarial functions, including:
• Actuarial pricing
• Product development
• Valuation
• Financial reporting
These areas will cover various financial products such as life insurance, annuities, and retirement plans.

Program Benefits and Opportunities:
• Learning Opportunities: Interns will work directly on an actuarial team and gain broader insight into the roles and responsibilities of all Nationwide actuarial teams through dedicated networking events and a summer presentation series.
• Developmental Training: Comprehensive training will be provided in fundamental actuarial concepts, proficiency in actuarial software, and in-depth knowledge of the products Nationwide sells.
• Social Events: The program includes opportunities for networking with actuarial colleagues, associates across various company departments, and fellow summer interns through organized social events.
• Leadership Exposure: Interns will have the chance to connect with actuarial leaders and contribute to a value-adding project. A key component is the opportunity to present research and findings to leadership at the end of the internship, enhancing communication skills and gaining visibility.
• Exam Reimbursement: Nationwide offers reimbursement for the cost of one preliminary actuarial exam taken after the internship start date and before the end of the calendar year.
• Community Service: Beyond professional development, the program encourages participation in volunteer efforts, allowing interns to contribute positively to the community.
• Opportunities for Full-Time Hire: Interns are strongly considered for future full-time positions, offering a clear path for career progression.

Qualifications:
Nationwide is seeking candidates who meet the following criteria:
• Academic Pursuit: Students actively pursuing a degree in Actuarial Science, Mathematics, Statistics, or possessing a similar background in modeling, programming, or quantitative analysis.
• Academic Achievement: Demonstrated superior academic performance.
• Leadership Qualities: Experiences that clearly showcase leadership abilities.
• Skills: Strong communication and analytical skills.

Sponsorship Information:
Nationwide does not participate in the STEM OPT Extension program. While Nationwide, at its sole discretion, may offer sponsorship for qualifying positions based on business needs and budget, it is generally not available for entry-level roles.