About the role#
The Actuarial Co-op works with a team of analysts and actuaries to support reinsurance administration and risk management for Fidelity Investments Life Insurance Company. You will support a business that manages over $40 billion in insurance liabilities. This role is designed to develop your analytical, business, and communication skills as you work toward a career as an actuary.
What you'll do#
- Collect and prepare net settlement amounts for self-administered reinsurance agreements.
- Determine amounts payable on life insurance death claims.
- Analyze data to support the company risk monitoring and management functions.
- Report findings and results to internal audiences.
- Manage project work to timelines, providing updates and resolving issues.
- Improve documentation and audit trails.
What you'll need#
- A major in Mathematics, Actuarial Science, or a quantitative subject.
- Familiarity with database and spreadsheet programs.
- Strong analytical and problem-solving skills.
- Effective listening, communication, and presentation abilities.
- A commitment to learning and interest in the actuarial profession.
- Ability to organize and prioritize multiple tasks.
- A competitive drive and commitment to self-improvement.
- Coursework in finance, business, accounting, or economics is a plus.
- Prior co-op or internship experience is helpful.
- Progress on Society of Actuaries exams is a significant advantage.
Location & details#
- This is a full-time, paid, on-site position based in Boston, Massachusetts.
- The hourly pay range is $20 to $32 per hour, depending on experience and scope.
- This position follows a rolling term.
About Fidelity Investments
Fidelity Investments provides financial services to individuals, families, and businesses. The company manages assets including retirement accounts, brokerage services, and investment funds. Founded in 1946, the firm remains privately held. It operates from its headquarters in Boston and maintains a presence in the United States, Ireland, and India. The organization employs over 10,000 people and administers 15 trillion dollars in assets.
How to get in at Fidelity Investments
Applying early at Fidelity Investments helps you get noticed before the applicant pool grows too large. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you can be among the first to submit your materials. This timing gives you a distinct advantage in a competitive hiring process. You can also improve your response rates by reaching out to the recruiters behind these roles directly. Intern Insider surfaces the specific recruiters managing Fidelity Investments positions, allowing you to inquire about the role or request a referral. Connecting with the right person often makes the difference between a silent rejection and a conversation.
