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Actuarial Intern – Summer 2027

CNA
  • Chicago, Illinois
    4 days ago

    Job Description

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. 

    CNA is one of the country’s largest writers of commercial insurance, backed by more than 125 years of experience. We offer unique expertise for the businesses we serve, allowing us to anticipate customers’ needs and provide quality products and services that help prevent and minimize loss. At CNA, we pride ourselves on promoting a culture that challenges and engages people, and offers them the chance to expand their expertise and develop their careers.

    CNA’s Actuarial Summer Internship Program is looking to create a team of interns for a dynamic 10-week training program (summer 2027) that provides hands-on Actuarial experience and unique opportunities in the insurance industry. This program gives each intern their own manager and practical Actuarial assignments to gain real-world experience.

    Interns can be placed in one of the following areas within the Actuarial organization (Property & Casualty/Life & Health): Pricing, Reserving, Portfolio Management or Long Term Care.

    Our internships are based out of our Chicago office (151 N Franklin St.) and work a hybrid schedule typically consisting of three days in office and two days optional remote. Housing assistance will be provided to those candidates who qualify, based on their distance from the Chicago office. Note: for full-time employment, our actuarial employees work hybrid out of Chicago, IL or New York City, NY.

    JOB DESCRIPTION:

    Program Features and Benefits:

    • Learning sessions with senior staff covering various topics related to the insurance industry.
    • Professional and personal development activities including public speaking and preparing a presentation.
    • Specialized training sessions and activities for actuarial interns.
    • Higher hourly rates are available to students who have passed one or more exams.
    • Consideration for potential full-time placement upon graduation.
    • Social networking events that provide great opportunities to meet fellow interns and full time actuaries from all areas of CNA.
       

    Required Knowledge, Skills and Experience:

    • Must have at least sophomore standing.
    • Expected graduation date between Dec 2027 - May 2029
    • Pursuing a degree in Actuarial Science, Statistics, Mathematics or any other related degree.
    • GPA of 3.25 or higher preferred.
    • Interest in the Insurance Industry.
    • Interest in pursuing an Actuarial career upon graduation.
    • Must be familiar with the Actuarial exam process.
    • Ability to learn quickly, work both independently and as part of a team, and cultivate and maintain positive business relationships.
    • Strong organization and project management skills.
    • Excellent interpersonal and communication skills.
    • Effective problem solving, analytical aptitude, and ability to embrace change.
    • Demonstrated leadership ability a plus.
    • Must be legally authorized to work in the United States without sponsorship or visas. We require unrestricted authorization to work in the U.S. (including student visas -OPT, F-1, etc.).
    • Willingness to relocate to Chicago for the summer internship program. Note: for full-time employment, our actuarial employees work out of Chicago, IL or New York City, NY.
       

    #LI-KA1

    #LI-Hybrid

    In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia,California, Colorado, Connecticut, Illinois,Maryland, Massachusetts, New York and Washington,the national base pay range for this job level is $35,000 to $65,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals.  For a detailed look at CNA’s benefits, please visit cnabenefits.com.


    CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.


    CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact 

    leaveadministration@cna.com

    Numbers & Facts

    LocationChicago, Illinois
    IndustryOther/Not Classified
    Company Size100 to 499 employees
    Year Founded1940
    Websitehttps://www.cna.org/

    About Company

    CNA's approach to research is a modern iteration of the Newtonian principle that complex, dynamic processes are best understood through direct observation of events and people. That was the methodology CNA analysts first applied in the 1940s when they pioneered the field of operations research by helping the Navy address the German U-boat threat. Not content to study the problem from afar, this small group of MIT scientists insisted on deploying with Navy forces in order to observe operations and collect the data needed for meaningful analyses. Their groundbreaking work, and the anti-submarine warfare equations it produced, set a standard for operations research methods that CNA has maintained for 75 years. Today, with more than 500 professionals at our headquarters and 50 researchers in the field, CNA still takes a multi-disciplinary, real-world approach to our work. On-site analysts carefully observe all aspects of a process—people, decisions, actions, consequences—and then collaborate with a headquarters-based research team to assess data and arrive at findings. CNA's objective, empirical research and analysis helps decision makers develop sound policies, make better-informed decisions, and manage programs more effectively. Our work, which in its early decades focused solely on defense-related matters, has grown to include investigation and analysis of a broad range of national security, defense, and public interest issues including education, homeland security and air traffic management. Through our Center for Naval Analyses and Institute for Public Research, we provide public-sector organizations with the tools they need to tackle the complex challenges of making government more efficient and keeping our country safe and strong.

    Skills

    • Actuarial Skillsunmatched
    • Analysis Skillsunmatched
    • Communication Skillsunmatched
    • Insuranceunmatched
    • Interpersonal Skillsunmatched
    • Investment Managementunmatched
    • Leadershipunmatched
    • Long-Term Careunmatched
    • Mathematicsunmatched
    • Networking Eventsunmatched
    • Presentation/Verbal Skillsunmatched
    • Pricingunmatched
    • Problem Solving Skillsunmatched
    • Project/Program Managementunmatched
    • Social Networkingunmatched
    • Statisticsunmatched
    • Writing Skillsunmatched

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