Financial Services Actuarial Intern

Job Description

About Company

Nationwide Insurance and Financial Services is a company where the motto “on your side” extends beyond words, placing customers at the core of all operations. They seek associates who are passionate about delivering extraordinary care. The Finance department within Nationwide offers extensive opportunities for growth and learning across diverse disciplines, including Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, and Internal Audit, among others, aiming to help employees forge their career journeys. WayUp partners with Nationwide to recruit top talent.

Job Description, Detailed

The role described is for a Financial Services Actuarial Intern within Nationwide’s Finance department. This internship promises an exciting and challenging experience, emphasizing daily learning and development supported by a dedicated team. It is designed to kickstart a career in the actuarial field.

Program Structure:
• A 12-week summer internship program.
• Located in Columbus, Ohio.
• Provides participants with opportunities to gain valuable experience in the actuarial field.
• Interns will work in and learn about actuarial pricing, product development, valuation, and financial reporting across areas such as life insurance, annuities, and retirement plans.

Benefits and Opportunities for Interns:
• Learning Opportunities: Beyond working on a specific actuarial team, interns can learn about the roles and responsibilities of all Nationwide actuarial teams through networking events and a summer presentation series.
• Developmental Training: Extensive training will be provided in actuarial concepts, actuarial software, and Nationwide’s products.
• Social Events: Opportunities to attend networking events with actuarial colleagues, associates across the company, and fellow summer interns.
• Leadership Exposure: Interns will be able to connect with actuarial leaders and work on a project that adds value. They will also have the opportunity to present their research and findings to leadership, enhancing communication skills and gaining exposure.
• Exam Reimbursement: Nationwide will reimburse the cost of one preliminary actuarial exam that occurs after the internship start date and before the end of the calendar year.
• Community Service: Development includes the opportunity to participate in volunteer efforts and make a difference.
• Opportunities for Full-Time Hire: Interns are strongly considered for future full-time positions within the company.

Qualifications:
• Students pursuing a degree in Actuarial Science, Mathematics, Statistics, or those with a similar background in modeling, programming, or quantitative analysis.
• Demonstration of superior academic achievement.
• Experiences that showcase leadership qualities.
• Strong communication and analytical skills.

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