Internship

Summer 2025 Actuarial Intern

Posted on 8/8/2024

Voya Financial

Voya Financial

5,001-10,000 employees

Provides financial services and retirement solutions

Fintech
Financial Services

Compensation Overview

$23 - $30Hourly

+ Incentive Opportunities

United States

Flexible work location; allows 100% remote work or hybrid schedule in major office locations.

Category
Insurance
Finance & Banking
Required Skills
Python
SQL
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Undergraduate or Graduate students with an anticipated graduation date of December 2025 or later with a degree based in a field such as Data Analytics, Mathematics, Actuarial Science, Risk Management or Computer Science and a GPA of 3.2 or above.
  • Technical experience with any of the following platforms is a plus: Microsoft Excel and Visual Basic, Microsoft Access and SQL, or Python.
  • Knowledge of finance, insurance industry, investment or actuarial fields.
  • Understanding of insurance products and operations.
  • Detail oriented with strong analytical problem-solving skills.
Responsibilities
  • Perform actuarial tasks which are of a mathematical and/or higher clerical nature
  • Compile and categorize data, documenting and verifying factors used in computations, such as those used in evaluating loss and expense reserves, preparing rate filings, schedules of statistics, financial statements, premiums, benefits and establishing rating and pricing levels
  • Other duties and projects as assigned

Voya Financial offers a range of financial services, including retirement plans, investment management, and insurance products, to help individuals and businesses achieve financial wellness. Their services cater to individuals seeking retirement planning, employers looking to enhance employee benefits, and institutions needing tailored investment management. Voya stands out from competitors through its commitment to inclusiveness and corporate responsibility, which helps attract clients and talent. The company's goal is to build long-term relationships with clients, ensuring they achieve financial confidence and a fulfilling life.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Voya's ESG commitment aligns with the growing investor focus on sustainable investing.
  • The financial wellness market's growth offers significant opportunities for Voya's programs.
  • AI integration in investment management can enhance Voya's strategies and client outcomes.

What critics are saying

  • Increased competition from fintech companies may erode Voya's market share.
  • Operational challenges in integrating OneAmerica's business could affect service quality.
  • Regulatory scrutiny on fees may impact Voya's pricing strategies and profitability.

What makes Voya Financial unique

  • Voya's commitment to inclusiveness and corporate responsibility sets it apart in the market.
  • The acquisition of OneAmerica's retirement plan business expands Voya's client base significantly.
  • Voya's focus on digital financial planning tools enhances client engagement and satisfaction.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Savings Account (HSA)

Flexible Spending Accounts (FSA)

Rally wellness program

Employee Assistance Program (EAP) and Work Life Services

Behavioral Health Family Support Program

Livongo support for diabetes, hypertension, and weight management

AccessHope cancer support

Wellthy caregiving assistance

Back-up child care and elder care

Health Advocate

ABLE accounts

Legal insurance

Identity theft protection

Voya Foundation Matching Gift Program

INACTIVE