Capital Management Intern – Summer 2027

Location: Addison, TX; Montpelier, VT Department: 2185 - 9182185

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.

Please note that we do not offer visa sponsorship for this position.

POSITION SUMMARY:

At National Life Group, we are modernizing our business and adapting our customer experience to a digital-first operating model. We aim to activate, engage, inspire, and connect with buying and selling customers to increase production, deepen relationships, and create meaningful connections grounded in our mission and purpose. Measuring progress and performance through meaningful insights is central to our transformation.

The Capital Management internship will provide exposure to how a leading U.S. life and annuity insurer evaluates current and projected capital needs, understanding the drivers of changes in capital and risk-based capital ratios, and provide insight into potential capital impacts from business activities, investment decisions, reinsurance deals, and regulatory developments. The intern will collaborate cross-functionally across Finance, Accounting, Actuarial, Risk Management, Investments, and other corporate teams.

The Capital Management Intern will support the company’s efforts to monitor, analyze, forecast, and manage its financial strength, capital position, and risks by assisting with updating and validating capital models, analyzing and forecasting changes in regulatory and rating-agency capital, and understanding and communicating capital implications for the company, in addition to activities such as process improvements and documentation activities.

This position currently offers an onsite work schedule, with the expectation that you will be in the office four (4) days per week during onsite core days.  Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday.  The work schedule type and core days are subject to change with advance notification and manager discretion.

RESPONSIBILITIES:

Update capital analysis on a quarterly and as-needed basis, including data population, error resolution, interpreting results, and preparing presentation materials

Assist in the preparation of quarterly Risk-Based Capital (“RBC”) calculation and attribution analysis, including validating and summarizing results

Perform impact analysis of proposed regulatory capital changes for RBC and S&P model

Collaborate with internal partners to perform assigned duties

Improve efficiency of working files and processes

Document capital management processes and procedures

Perform ad hoc analysis and provide support for capital management activities, responsibilities and communications

All other duties as assigned

MINIMUM QUALIFICATIONS:

Pursuing degree in Finance, Actuarial Studies, Math, or a similar quantitative field

Experience with gathering, organizing, cleaning, and interpreting information (e.g. data sets)

Working exposure with relational databases (e.g. Microsoft SQL, Access) and writing queries

Working exposure using Analytical and Visualization tools, specifically Tableau & Alteryx

Ability to translate business needs into effective analytical solutions and models

Understanding of foundational financial principles, e.g. interest rates, investments, and financial statements (e.g. balance sheet)

Strong analytical skills with the ability to work in a fast-paced finance environment

Ability to meet deadlines for recurring reporting and analysis

Ability to quickly develop professional relationships with others and effectively communicate using various platforms or methods

Proficiency in Microsoft Office, e.g. Excel

AI Proficiency Expectations

At National Life Group, we view AI as an enabler of human potential.  We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.

All associates are expected to:

Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.

Stay curious and open to new AI-enabled ways of working.

Exercise sound judgment by reviewing and validating AI-generated content.

Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.

Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention, and intellectual property.

Core Competencies

Service Focus - Demonstrates a client centric focus for satisfying one’s external and/or internal customers; establishes and maintains effective relationships with customers and gains their trust and respect.

Decision Making - Makes sense of complex information, critically evaluates, and creates solutions.

Results Oriented - Sets performance and personal goals; Driven to meet or exceed goals and objectives.

Plans and Aligns - Plans and prioritizes work to meet commitments aligned with organizational goals; Aligns people and skills to tasks and assignments; Evaluates results of work.

Demonstrates Learning Agility - Enhances skills and knowledge through continuous learning; Focuses on personal results by establishing stretch goals; Seeks feedback and changes accordingly.

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