Actuarial Analyst - HUB International Internship Program (HIIP)

Posted 13 Days Ago
Be an Early Applicant
2 Locations
Internship
Insurance
The Role
As an Actuarial Analyst Intern, you will gain exposure to actuarial work, including data analysis, valuation preparation, and project involvement in the Employee Benefits Division. You will work under guidance, conducting financial analyses, assisting with insurance renewals, and collaborating on client communication and research initiatives.
Summary Generated by Built In

Actuarial Analyst Intern - Employee Benefits
Are you ready to launch your career in insurance? Join the award-winning HUB International Internship Program (HIIP).

In this full-time, paid, 17-week internship in Canada you will be exposed to the vast career opportunities within the growing insurance brokerage industry. Working with our Commercial lines, Personal lines, Employee Benefits or Retirement & Private Wealth teams, you will learn about our business through on-the-job training, working closely with a variety of HUB team members to gain hands-on experience in client service, sales, and more!

Program Highlights

  • Full-Time Pathway: Our program is strategically designed to identify and nurture exceptional talent. Outstanding interns will have the opportunity to transition into full-time roles upon graduation.

  • Network with the Best: Work alongside seasoned professionals and industry leaders who are eager to share their knowledge and insights with you. Engage in our Speaker Series and connect with a North American intern cohort for a comprehensive industry experience.

  • Meaningful Projects: Contribute to impactful projects where your ideas and efforts are valued from day one. Collaborate with peers on a research topic and experience presenting your recommendations to an Executive Panel.

  • Professional Development: Engage in workshops, seminars, and networking events designed to enhance your skills in communication, problem-solving, and leadership.

  • Mentorship: Receive personalized guidance from mentors who will support your growth, answer your questions, and help you navigate the intricacies of the insurance landscape.

  • Beyond the Office Experience: Enjoy field trips, volunteer initiatives, and exciting events that foster camaraderie. Experience how the industry applies to the world around us, give back to the community, and unwind with fellow interns during memorable activities.

About the Team:

HUB International’s National Accounts Team is the cornerstone of our Employee Benefits consulting expertise in Canada.  Dedicated to delivering innovative and customized solutions, this team partners with organizations of all sizes to help them attract, retain, and support their most valuable asset—people. Combining deep industry expertise with forward-thinking strategies, the National Accounts Team delivers a full spectrum of employee benefits services, including plan design, cost management, and wellness initiatives. At HUB, we empower businesses to navigate the complexities of employee benefits while creating programs that promote employee well-being and drive organizational success.

About The Role
As an Actuarial Analyst Intern in our Employee Benefits Division, you’ll gain hands-on exposure to actuarial work within the group benefits industry. Under the guidance of experienced professionals, you will analyze data, prepare actuarial valuations, and contribute to real-world projects. This role provides a unique opportunity to deepen your technical expertise and gain insight into how actuarial analysis supports businesses in achieving their employee benefits objectives.
 

What You’ll Do

  • Conduct data review, assumption setting, and prepare reports for actuarial valuations.

  • Perform quarterly and annual financial analysis across various industry sectors.

  • Analyze renewal rates and assist in fee and rate negotiations with carriers.

  • Develop and present data-driven insights through reports and presentations.

  • Provide analytical support to internal teams and clients, addressing complex inquiries.

  • Review insurance contracts, financial statements, and claim data.

  • Participate in market research and analysis projects to inform client recommendations.

  • Collaborate with senior consultants and analysts to solve problems and enhance client outcomes.

  • Actively engage in workshops, training, and industry seminars to build technical skills.

  • Support client communications by drafting reports, presentations, and formal letters.

What You’ll Need for Success

  • Enrollment in a Bachelor’s program in Actuarial Science, Mathematics, Statistics, or a related field (3rd or 4th-year students only).

  • Progress toward an actuarial designation is an asset.

  • Strong analytical and problem-solving skills, with a passion for working with data.

  • Proficiency in MS Excel, including advanced functions (e.g., pivot tables, lookups).

  • Excellent verbal and written communication skills.

  • Ability to manage multiple priorities effectively and meet deadlines.

  • Independent and self-motivated with a collaborative, team-oriented mindset.

What’s in it for you

At HUB, we believe that diversity drives innovation, equity fosters opportunity, and inclusion creates a culture where everyone thrives. We are committed to building a workplace that reflects the communities we serve and where every employee feels valued, respected, and empowered to bring their whole self to work. By embracing diverse perspectives and fostering an inclusive environment, we cultivate a collaborative and dynamic team that delivers exceptional results for our clients and communities.
Why Choose HUB?

When you choose HUB, you're choosing a competitive, exciting, and friendly work environment that strategically positions you for longevity and offers significant advancement, growth, and success opportunities. To read more about HUB, please visit - About Us - HUB International  

About HUB International

Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 19,000 employees in offices located throughout North America, HUB’s vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow.

Through our dedication to excellence and innovation, we are proud to have achieved the remarkable distinction of ranking 5th largest insurance brokerage worldwide! We're not just an insurance broker, we bring clarity to a changing world with tailored solutions and unrelenting advocacy.

If you’re interested in learning how you can grow your career at HUB, visit our Careers Page to explore our opportunities.

If you require assistance or accommodation at any stage of the recruitment process, we encourage you to let us know—we’re here to support you. At HUB, building an inclusive workplace isn’t just part of what we do—it’s at the heart of who we are.

#LI-hybrid

#LI-EM

Department Office Administration & Clerical

Required Experience: Less than 1 year of relevant experience

Required Travel: No Travel Required

Required Education: Some college (no degree)

Top Skills

Actuarial Science
Mathematics
Statistics
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The Company
HQ: Chicago, IL
10,055 Employees
On-site Workplace
Year Founded: 1998

What We Do

Hi, we’re HUB.

We advise businesses and individuals on how to reach their goals. When you partner with us, you’re at the center of a vast network of risk, insurance, employee benefits, retirement and wealth management specialists that bring clarity to a changing world with tailored solutions and unrelenting advocacy.

So you’re ready for tomorrow.


About Hub International
Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

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