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Horace MannIntern - Temporary
Horace Mann Educators Corporation is seeking a Property & Casualty Actuarial Intern for the summer of 2027. Founded in 1945 by two Springfield, Illinois educators, Horace…
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About This Role
Horace Mann Educators Corporation is seeking a Property & Casualty Actuarial Intern for the summer of 2027. Founded in 1945 by two Springfield, Illinois educators, Horace Mann provides financial products and insurance solutions tailored to educators and public servants across more than 4,100 school districts. The publicly traded company manages over $12 billion in assets and aims to help teachers secure their financial futures. In this internship position, the chosen…
Job Description
Horace Mann Educators Corporation is seeking a Property & Casualty Actuarial Intern for the summer of 2027. Founded in 1945 by two Springfield, Illinois educators, Horace Mann provides financial products and insurance solutions tailored to educators and public servants across more than 4,100 school districts. The publicly traded company manages over $12 billion in assets and aims to help teachers secure their financial futures.
In this internship position, the chosen candidate will work under the guidance of senior team members on projects involving data analysis, financial modeling, regulatory compliance, and risk assessment. Daily duties include reviewing large information sets, pricing insurance policies, calculating reserves, and assisting in the creation of financial models. Participants will also shadow seasoned actuaries and attend industry webinars. Candidates must be able to travel to the Springfield, Illinois offices weekly following a hybrid work schedule. Equal Opportunity Employer.
Responsibilities
- Handle and analyze large data sets regarding insurance claims and policyholder information using tools such as Excel and R
- Participate in departmental meetings and collaborate cross-functionally
- Learn methods for assessing and pricing insurance policy risks
- Assist actuaries in calculating premiums, evaluating reserves, and determining risk levels
- Develop and update financial models to forecast insurance claim trends and financial outcomes
- Shadow experienced actuaries and engage in industry events, webinars, and professional networking
Requirements
- Currently pursuing a Bachelor's degree in actuarial science, finance, economics, statistics, mathematics, business, or a related field
- Completion of at least one Actuarial exam administered by either the Society of Actuaries or the Casualty Actuary Society
- Strong proficiency in statistical analysis and daily use of MS Excel
- Familiarity with the R programming language for modifying and evaluating actuarial reports
- Analytical capabilities to interpret trends and formulate actionable recommendations
- Written and verbal communication skills for presenting findings and discussing concepts with stakeholders
- Ability to travel to the Springfield, Illinois offices weekly per the hybrid schedule
Core Skills
Benefits
- Hourly pay rate of $26
- Mentorship and shadowing opportunities with seasoned actuaries
- Exposure to cross-functional collaboration and industry webinars
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
What is the pay rate for the P&C Actuarial Intern role?
The position offers an hourly pay rate of $26, with salary compensation also depending on experience and location.
What is the location or work arrangement for this internship?
The role follows a hybrid work schedule requiring weekly travel to the Horace Mann offices located in Springfield, Illinois.
What qualifications are needed to apply?
Applicants must be pursuing a Bachelor's degree in a relevant quantitative or business field and have completed at least one actuarial exam through the Society of Actuaries or the Casualty Actuary Society.
When does the internship take place?
The internship is scheduled for the summer of 2027.
Sample Interview Questions
AI-generated questions tailored to this specific role — a preview of the full practice set.