Actuarial Intern

Location: Chicago, IL, United States Department: General Admin Services

Chubb Benefits, a Chubb company, is seeking an Actuarial Intern to join our fast-paced, high energy, growing company for a Summer 2027 internship. Chubb Benefits is a leading provider of individual supplemental accident, disability, health and life insurance products. We pride ourselves on being customer-centric, people-driven, accountable, performance-minded and ethical. Spend your summer working as a Combined Insurance Intern where you will have the opportunity to gain career-building experience.

Who are we looking for?

Successful interns at Chubb Benefits come from many backgrounds and experiences and bring that rich diversity with them to our company.  They also have some things in common, and these attributes will lead to your success at Chubb Benefits:

Results orientation: a demonstrated ability to meet commitments; including under pressure

Intellectual agility: capable and willing to master and apply new knowledge

Personal capacity: accepting and welcoming of additional responsibility over time

Communication skills: an ability to communicate successfully in various settings

Interpersonal/team skills: able to work effectively with colleagues at all levels

Self-leadership: an ability to take full ownership of work and show initiative as needed

Client focused: understanding of the needs of customers and clients

Work ethic: a commitment to hard work and a high ethical conduct

Examples of potential intern tasks/projects

Perform fundamental actuarial tasks in support of life insurance product pricing, assumption setting, experience analysis, reserving, modelling, state filings and system implementation

Assist with calculating reserve liabilities. Gain experience with modelling and verifying actuarial software output.

Process improvement that would impact the department.

Use Microsoft Excel to relay results to management, auditors, and regulators.  Perform ad-hoc analysis as needed.

MS Office skills including Microsoft Word, Excel, PowerBI, and Outlook

Completion of 1+ actuarial exam

Exposure to SQL, R, Python, Axis a plus

Oral and written communication skills

Strong record of academic achievement (3.5 cumulative GPA to qualify)

Actively enrolled in an undergraduate or graduate program (December 2027 or May 2028 graduate)

Prior Actuarial Internship, preferred

Local to Chicagoland area; In-office expectation of 4 days in office and 1 day remote.

Preferred Majors

Actuarial Science, Mathematics, Economics, or Statistics

Located in/near: Chicago, IL (in office four days/week)

Schedule: 10 Weeks (May 24 – Aug. 6); Full-time, M-F 8:30am – 5:00pm CT (in office four days/week)

The pay range for this internship is $24 to $26 per hour. The specific offer will depend on an applicant’s skills and other factors. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.