Actuarial Summer Scholar

October 10, 2024

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Job Description

About Deloitte Consulting

Deloitte Consulting is a subsidiary of Deloitte LLP, a global professional services network. They work across industries, technologies, and sectors, with people from every corner of the world. Deloitte Consulting offers a wide range of services, including consulting, advisory, and technology implementation, helping clients solve their most complex business challenges.

Job Description: Actuarial Summer Scholar

This internship offers the opportunity to work with almost every company to solve the world’s biggest problems.

What you’ll do:

Build financial & mathematical models: You’ll contribute to improving organizational performance and helping clients make informed business decisions by creating and refining models.
Advise clients on complex business problems: You’ll interpret large data sets using statistical methods to quantify risk and provide insightful recommendations.
Focus on a specific area of actuarial practice: Choose to specialize in one of the following areas:
Health: Focus on healthcare-related actuarial analysis.
Property & Casualty: Develop expertise in insurance for property and casualty risks.
Life: Gain experience in actuarial work related to life insurance and annuities.
Rewards & Wellbeing: Contribute to actuarial analysis for employee benefits and wellness programs.
Mergers & Acquisitions: Apply actuarial skills to mergers and acquisitions transactions.

The Team:

Specialization and learning: You’ll have the chance to leverage existing skills while expanding your knowledge in broader market trends.
Portfolio structure: The internship program is designed to support your growth, whether you focus on a specific area or explore the entire breadth of actuarial consulting.
Industry-leading expertise: You’ll work alongside experienced professionals who deliver exceptional services and innovate new solutions.

Required Qualifications:

Enrollment: Be currently enrolled in a full-time academic program with a target graduation date by Spring/Summer 2026.
Major: Pursuing a Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
Work authorization: Legally authorized to work in the United States without requiring employer sponsorship.
Academic performance: Strong academic record with a minimum cumulative GPA of 3.0 (3.2 preferred).
Travel: Ability to travel up to 50% on average, based on project needs.
Age: Must be at least 18 years old at the time of employment.

Compensation: The estimated wage range for this role is $39/hour.

How You’ll Grow:

Formal and informal mentorship: You’ll receive guidance from experienced consultants throughout the internship.
Summer Scholar training program: Develop technical skills and professional behaviors through a structured training program.
Real-world experience: Work on client engagements and gain valuable hands-on experience.
Deloitte University: Explore opportunities for further learning and development through Deloitte University’s The Leadership Center.

Benefits:

Comprehensive benefits package: Deloitte offers a wide range of benefits to its employees, including health insurance, retirement savings plans, and more.

Culture:

Diverse, equitable, and inclusive environment: Deloitte fosters a culture that values diversity, equity, and inclusion, empowering employees to contribute their unique perspectives.

Purpose:

Making an impact that matters: Deloitte’s purpose is to make a positive impact on clients, employees, and communities.

Professional Development:

Opportunities for growth: Deloitte provides opportunities for professional development, skill-building, leadership experiences, and mentorship throughout your career.

Equal Opportunity Employer: Deloitte is committed to equal opportunity for all applicants and employees.

Requisition code: 185368