Internship

Actuary Intern

Posted on 10/25/2024

Ameriprise Financial

Ameriprise Financial

10,001+ employees

Provides financial planning and advisory services

Fintech
Financial Services

No H1B Sponsorship

Minneapolis, MN, USA

Category
Insurance
Risk Management
Finance & Banking
Required Skills
Python
R
Requirements
  • Current Junior at a 4-year university pursuing a bachelor’s degree in Actuarial Science, Mathematics, Economics, or a related field
  • Graduation date of December 2025 or May/June 2026
  • Required to have passed at least one actuarial exam
Responsibilities
  • Responsibilities vary depending on assigned projects(s) and may include:
  • Product Development
  • Actuarial Valuation
  • Finance
  • Risk Management
  • Examples of past intern projects include:
  • Converting an existing process from Excel to a more efficient program (Python, R, etc.)
  • Creating a validation tool to ensure accuracy of reserving software
  • Ensuring product compliance with a variety of regulatory changes

Ameriprise Financial offers financial planning services and advice through a network of financial advisors. Their services include helping clients assess their retirement readiness and providing strategies to manage investment risks. Clients can engage in discussions with advisors to explore various financial decisions, such as whether to pay off a mortgage early, considering both the financial implications and personal goals. What sets Ameriprise apart from competitors is their focus on personalized conversations that guide clients toward achieving their financial dreams. The company's goal is to empower individuals to live the life they have earned by providing tailored financial advice and support.

Company Stage

IPO

Total Funding

$287.3M

Headquarters

Minneapolis, Minnesota

Founded

1894

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for personalized advice can drive more clients to Ameriprise.
  • Digital financial planning tools enhance client engagement and streamline advisor interactions.
  • Growing interest in ESG investing provides opportunities for Ameriprise to expand offerings.

What critics are saying

  • Departure of key advisors and data breaches pose significant risks to Ameriprise.
  • Legal disputes with LPL Financial could damage Ameriprise's reputation and client trust.
  • Recruitment of former leaders by competitors may lead to increased competition and market share loss.

What makes Ameriprise Financial unique

  • Ameriprise offers personalized financial advice amid economic uncertainty and market volatility.
  • The firm leverages digital tools to enhance client engagement and streamline interactions.
  • Ameriprise expands ESG investment products to meet growing interest in sustainable investing.

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