INTERNSHIP: Actuarial Development Program Intern in New York, New York | DiversityInc Careers

INTERNSHIP: Actuarial Development Program Intern


As long as there are people who make the world a better place, we'll keep making a difference for them. Since 1918, it has been TIAA's mission to serve those who serve others. It is this mission and the values we embrace that make us a different kind of financial services organization.

When you work here at TIAA, you're not just in it for yourself. You are part of something bigger. A collective mission to make a difference - a collective mission we make our own.

To be difference makers.

For more information about TIAA, visit our website.


Actuarial Development Program Interns provide actuarial and related assistance with respect to pricing, product development, valuation, risk analysis and management, and retirement plan support. This internship is for 10 weeks during the summer.


Depending on the particular assignment, the Actuarial Development Program Intern may:
  • support risk analyses performed with respect to the company's actuarial liabilities and capital position to ensure adequate reserving and financial strength of annuity and life insurance product lines, as well as overall financial strength of the company
  • support the development of new life insurance products and features
  • perform asset and liability modeling and analyses of life insurance and annuity products
  • perform asset adequacy testing and analyses of life insurance and annuity lines of business
  • provide actuarial assistance in support of new and existing pension business, including the testing of retirement plans for compliance with non-discrimination rules and actuarial valuation of defined benefit plans
  • support development of pricing structure and design of annuity and life insurance products, including determination of premium rates, dividend scales and policyholder illustrations
  • and perform valuations of actuarial reserves and liabilities


Required Skills:

  • Currently pursuing a bachelor's or master's degree in mathematics, actuarial science or related field
  • Graduating between December 2019 and August 2021
  • GPA of 3.4 or higher
  • At least one Society of Actuaries (SOA) exam passed
Preferred Skills:
  • Strong communication and problem-solving skills
  • Leadership potential
  • Technical skills

*** TIAA will not sponsor visas for these positions and, due to program format, will not hire individuals whose work eligibility is based on their F-1 or other student visa status.
Equal Employment Opportunity is not just the law, it's our commitment. Read more about the Equal Employment Opportunity Law.

If you need assistance applying due to being visually or hearing impaired, please email Careers Help.

This organization is an equal employment opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, this organization expressly prohibits discrimination, harassment, and retaliation on the basis of race, creed, ethnicity, color, age, religion, sex, sex stereotype, pregnancy (including childbirth, breastfeeding or related medical conditions where applicable), sexual orientation, gender, gender identity, gender expression, transgender, marital status, national origin, ancestry, physical or mental disability, requesting a reasonable accommodation based on mental or physical disability, medical condition (as defined by applicable law), genetic history and information, citizenship status, military or veteran status, or any other status protected by federal, state, or local law or ordinance or regulation (collectively referred to here as 'protected characteristics').

*©2016 Teachers Insurance and Annuity Association of America (TIAA), 730 Third Avenue, New York, NY 10017