Summer 2027 Raikes Program Actuarial Intern

Step into a high-impact internship where your work matters. At Mutual of Omaha, our Actuarial Internship Program gives you the chance to contribute to a Fortune 500 company through real-world projects—like analyzing financial results, pricing insurance products, and developing new solutions across life, health, and annuities.

This role provides interns with a multi-year experience in the actuarial and innovation areas.

• Summer after Sophomore year: Interns will spend their first summer contributing to projects involving pricing, reserving, modeling, and data analytics with insurance products. To amplify opportunities to learn about actuarial science and Mutual of Omaha, our interns rotate through two different actuarial areas during the summer.
• Junior year: At the conclusion of the summer, interns will continue their second rotation in a remote, part time capacity through the school year.
• Summer after Junior year: After completion of their junior year, interns will return to Mutual of Omaha for a second summer internship.
• Senior year: In the fall, interns will continue their second rotation while working in a remote, part time capacity.
• Upon successful program completion: Interns may have the opportunity for a full time role in the Actuarial Student Program.

WHAT WE CAN OFFER YOU:

• Hourly Wage per Passed Exams. Wage increases with each passed exam:
  • No passed exam: $25
  • One passed exam: $26
  • Two passed exams: $27
• 401(k) plan with a 2% company contribution and 6% company match.
• Work-life balance with vacation, personal time and paid holidays. See our benefits and perks page for details.
• Applicants for this position must not now, nor at any point in the future, require sponsorship for employment.

WHAT YOU'LL DO:

• Participate in projects as assigned. Assignments may be related to product development, morbidity and mortality tables, financial results, premium persistency, expenses, or other matters as designated by managers.
• Generate and verify data related to various exhibits and reports, applying actuarial and mathematical concepts, formulae, and computer capabilities as necessary for completion of duties.
• Provide senior colleagues with documentation and explanations of computation results, and may research, analyze, and summarize material required by other actuarial personnel.
• Prepare schedules of statistics, premiums, reserves, and benefits assigned, documenting and verifying factors used in the related computations.
• Write small computer programs as an aid in generating and testing actuarial data or provide programmers with actuarial input to assist in the development of such programs.

WHAT YOU’LL BRING:

• University of Nebraska Raikes School student entering your sophomore year in the fall of 2026
• You are enrolled in a degree program related to actuarial science, math, statistics, data analytics, economics or other related fields both before and after the internship.
• You possess an aptitude for statistical interpretation and a working knowledge of actuarial assumptions and formulae.
• You promote a collaborative culture, value different ideas and opinions, and listen courageously, remaining curious in all that you do.
• Able to work at our office located in Omaha, NE, in an in-office environment with summer housing provided.

We value unique experience, skills, and passion for innovation. If your experience aligns with the listed requirements, please apply! 

If you have questions about your application or the hiring process, email our Talent Acquisition area at careers@mutualofomaha.com. Please allow at least one week from time of applying if you are checking on the status.

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