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Actuary Summer Intern
Company : Nautilus Insurance Company
Location : Glen Allen, VA, 23060
Job Type : Intern
Date Posted : 6 January 2026
Company Details
At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do.
Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.
At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued, and your potential fully realized!
The Company is an equal employment opportunity employer.
https://www.verusins.com/
Responsibilities
Come join the Verus team as a summer intern! Our interns work with many different people to learn and gain hands-on experience in actuarial work and data. This is a great opportunity for anyone interested in starting their career. We will be hiring an intern to learn and grow in a cohort environment.
Interns are responsible for performing Actuarial related support duties while gaining valuable real-world experience which can be utilized both personally and professionally. Resume builder and steppingstone to a future career in the Insurance Industry.
- Assist with improving automation and building efficiencies to existing tasks.
- Analyze internal and external data.
- Assist with projects.
- Assist with actuarial analysis (pricing and reserving work).
Qualifications
- Current college student (and/or recent graduate) working towards a degree program in actuarial science, mathematics, statistics, finance, or related field with a 3.0 GPA or higher.
- Must demonstrate excellent oral and written communication skills.
- Must be willing to work collaboratively and embrace innovative ideas and processes.
- Must be technology focused and proficient in the use of a computer and its applications.
- Passing of one actuarial exam preferred.
- Proficiency with Excel and SQL preferred.
- Familiarity with basic insurance concepts through coursework preferred.
#LI-FL1 #LI-INTERNSHIP
Additional Company Details
We do not accept any unsolicited resumes from external recruiting firms. This is a 10-week, paid internship - Monday, June 1, 2026 - Thursday, August 6, 2026. The hourly rate range based on a 37.5-hour work week is $20.00 - $22.00 an hour. This role does not offer a benefits package, as it is a temporary, summer internship position.Additional Requirements
The application window for this role is estimated to be open through November 28, 2025, but may be extended, if necessary. Please submit your application as soon as possible prior to November 28, 2025.Sponsorship Details
Sponsorship not Offered for this RoleRelated Jobs
New York, NY
Frequently asked questions
Glen Allen's growing financial and insurance sectors have increased demand for actuarial summer interns. While competition exists, especially from nearby Richmond and D.C. candidates, strong academic performance and proficiency in Excel and SQL can significantly enhance your chances at Nautilus Insurance Company and similar firms.
In Glen Allen, VA, passing at least one actuarial exam is highly valued, reflecting industry standards. Candidates who have cleared preliminary exams like Probability or Financial Mathematics stand out, aligning well with expectations from Nautilus Insurance Company and other regional insurers seeking capable actuarial summer interns.
Mastery of data analysis, automation techniques, and actuarial pricing fundamentals is essential. Proficiency in Excel and SQL, coupled with strong written and verbal communication, allows interns to contribute effectively to projects, enhancing their practical understanding of actuarial work in a real-world insurance context.
Completing a summer internship with Nautilus Insurance Company often opens doors to full-time actuarial roles within the insurance sector. The hands-on experience with pricing and reserving, combined with exposure to innovative actuarial processes, equips interns for accelerated professional development and exam progression.
Nautilus encourages interns to challenge existing workflows by improving automation and efficiency. This approach nurtures a culture of innovation, where interns contribute fresh perspectives within a collaborative environment, aligning with the company’s commitment to blending startup agility with Fortune 500 strength.
Interns at Nautilus translate classroom concepts into actionable insights by assisting with pricing and reserving analyses and analyzing both internal and external data. This practical engagement bridges academic learning with industry applications, enhancing readiness for future actuarial responsibilities.
The internship offers an hourly wage between $20.00 and $22.00 based on a 37.5-hour workweek. This competitive compensation reflects the specialized skills required for actuarial tasks and the high-value experience gained within the insurance industry in Glen Allen.
Glen Allen’s market offers closer-knit teams and less saturated competition than major cities, but interns may face the challenge of adapting quickly to diverse data tasks and cross-departmental collaboration. This environment promotes rapid skill acquisition, valuable for early-career actuaries.
While not mandatory, familiarity with basic insurance principles through coursework is advantageous. It helps interns grasp the nuances of pricing and reserving tasks, enabling smoother integration into projects and contributing more effectively to actuarial analyses.
Applicants who have passed at least one actuarial exam stand out, reflecting their commitment and readiness. However, Nautilus also values strong academic performance and technological aptitude, offering opportunities for growth even to those in earlier stages of their exam journey.