The full-time actuarial student program at Great-West focuses on providing participants with management development as well as technical training. Actuaries are a valuable asset, and Great-West seeks to provide them with opportunities to advance within the organization. Participants can expect to work on meaningful projects that have a direct impact on various lines of business, in an environment that promotes creativity, project ownership and executive interaction.
The program rotates participants among departments every 18 to 24 months, introducing them to the inner workings of each business unit and new development opportunities. Actuarial coordinators work to place participants in areas where they are most likely to succeed and grow professionally.
In Great-West’s mentoring program, each student is paired with an experienced actuary who serves as an adviser, providing guidance on corporate culture and operations and insight on networking, career paths, and exams.
In addition, the actuarial student program offers a competitive salary, a sign-on bonus, competitive study time, exam fees and study materials paid for in advance, paid seminar fees, employee benefits, and relocation assistance for out-of-state participants.
Download our Full-Time Actuarial Student Program brochure.
What kind of actuarial student is Great-West looking for?
Does Great-West pay relocation costs for actuarial students?
What salary could an actuarial student expect at Great-West?
What type of work does an actuarial student typically perform?
What type of exam support does Great-West offer?
When should prospective actuarial students apply?
When will program participants be expected to start?
Requirements include:
Great-West offers relocation options for qualifying out-of-state full-time actuarial employees, which includes reimbursement of reasonable relocation expenses.
Salaries vary with SOA examination progress and are competitive with the actuarial marketplace. Program participants may be eligible for raises and promotions with each passed actuarial exam.
Program participants are placed in one of Great-West’s departments, which could include Individual Markets, 401(k), Investments, or Corporate Actuarial. A rotation program transitions participants between departments every 18 to 24 months, allowing them to experience a variety of positions and duties and to gain a wider perspective of the company.
The standard work week is 40 hours worked from Monday through Friday, in addition to a normal SOA exam workload. New and rotating actuarial students are expected to quickly learn their positions and utilize their technical skills and background to add value to their department.
New actuarial student employees are likely to report to senior student actuaries or a new FSA.
Great-West offers a very competitive study program with paid time off that varies depending on the exam. Great-West also pays for exam fees and books and actuarial seminars.
Resumes are accepted when actuarial student positions become available with preference given to previous actuarial interns. Please click here to see if there are any current openings.
Start dates vary. New hires usually are incorporated into summer student rotations, with preferred start dates from June to August for May graduates. December graduates hired at Great-West generally start shortly after the first of the year.