Internship

Actuarial Internship Summer 2025

Posted on 8/13/2024

Northwestern Mutual

Northwestern Mutual

10,001+ employees

Provides financial security services, and wealth management

Consulting
Fintech
Financial Services

Compensation Overview

$16.5 - $30Hourly

+ Geographic-specific salary structure

Milwaukee, WI, USA

Full-time onsite internship program from May 2025 to August 2025.

Category
Insurance
Finance & Banking
Requirements
  • Pursuing a Bachelor's degree in Actuarial Science or related field from an accredited college or university
  • Cumulative grade point average of 3.0 or higher
  • Employer immigration sponsorship is not available for this role
  • Working knowledge of Excel or similar office tools
Responsibilities
  • Work alongside your hiring manager, mentors, and team to complete tasks critical for Northwestern Mutual's success
  • Utilize skills to research problems, analyze data, and present findings
  • Study hours are incorporated into the workday
  • Learn about the different products the company offers
  • Network with actuaries in senior leadership positions both within the actuarial department and throughout the company

Northwestern Mutual offers personalized financial planning, life insurance, and investment services, leveraging leading-edge technology to manage over $125 billion in client assets for more than 4.5 million clients.

Company Stage

N/A

Total Funding

N/A

Headquarters

Milwaukee, Wisconsin

Founded

1856

Simplify Jobs

Simplify's Take

What believers are saying

  • The aging population increases demand for retirement planning and long-term care solutions.
  • Partnerships with tech firms enhance Northwestern Mutual's data analytics capabilities.
  • Digital transformation in insurance leads to more personalized customer experiences.

What critics are saying

  • Fintech platforms like Carefull challenge traditional financial advisory services.
  • Internal competition may arise from Wellthi's focus on the Black community.
  • Customer dissatisfaction may grow due to increased retirement age expectations.

What makes Northwestern Mutual unique

  • Northwestern Mutual maintains the highest financial strength ratings in the industry.
  • The company launched 'The Great Realization' campaign to refocus customer priorities.
  • Northwestern Mutual offers a unique Long-Term Advantage product with life insurance benefits.

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Benefits

Growing your Career

Compensation & Time Off

Insurance plans

Health Savings Account

Wellness programs & resources

401(k) plan and cash balance contributions

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