Requirements

• At least one Society of Actuaries exam.
• Strong analytical and communication skills.
• Students one year removed from seeking permanent employment are preferred.

Time Period
Tentatively set for 5/27/08 – 8/15/08

Program Description
The Summer Actuarial Internship Program is an integrated program which combines relevant work experience with a series of actuarial classes and presentations. The program blends in a number of social events to make sure the interns fully enjoy their summer experience.

Work Experience
Interns are typically placed in a pricing or financial reporting division working side by side with actuaries or senior level actuarial students. They are presented with challenging actuarial projects throughout the summer which will provide them with useful actuarial experience while allowing them to develop their problem solving and decision making skills. Positions will be available in both our Manhattan office located at 51 Madison Ave., as well as our Westchester Campus located in Sleepy Hollow, NY. The Westchester campus lies approximately 30 miles north of Manhattan.

Classes & Presentations
The summer begins with a series of training classes covering a range of topics including Excel, APL programming, and PTS computer modeling. The learning continues throughout the summer with classes in Actuarial Mathematics and weekly presentations made by New York Life actuaries.

Social Events
Once each month, the interns are taken out as a group for a night on the town. In addition, the interns are encouraged to join full-time actuarial students in social events ranging from softball games in Central Park to post-exam happy hours. Interns are also invited to more formal company events including the Actuaries' Cocktail Party and the Chief Actuary's Luncheon.

Additional Benefits
Here are some additional benefits afforded to those selected for internships at New York Life:

1. Summer Dress Program
   During the summer, full-time employees and interns can wear business casual clothing.
2. Full-Time Job Opportunities
   The summer internship program is geared towards finding qualified candidates for our full-time actuarial program. Historically, New York Life has made a significant number of full-time offers to interns successfully completing the internship program.

Salaries
Salaries are very competitive and depend on the number of actuarial exams passed.

Housing
New York Life will partially subsidize housing to its interns and will aid candidates in locating appropriate housing for the summer.

How To Apply for an Actuarial Summer Internship
(Note: please do not submit applications for other types of positions to these addresses)

E-mail your résumé to actuarialinternship@NewYorkLife. com

or mail it to:

Michael Kula

New York Life Insurance Company, Rm. 606
51 Madison Avenue
New York, New York 10010



You may also choose to apply to our Full Time Actuarial Trainee Program.
Take a look at A Day in the Life of an Actuarial student or intern.

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