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Internships & Careers

Internships

Drake offers many tools to help students find—and obtain—internships and jobs, including a dedicated career counselor within the college that can help with résumé-building and interviewing skills. Each fall, the College of Business and Public Administration hosts an actuarial science career fair that brings more than 30 companies to campus to conduct interviews for internships and full-time jobs. These companies recruit students for jobs in more than 20 states, and, internationally.  With access to so many opportunities, nearly all of our actuarial science majors—approximately 77 percent—complete at least one internship before graduation.

More than half of the employers, recuriting on campus for actuarial science students will sponsor international students.  Here are a few such employers who have recruited at Drake during the past few years.

Alliance LIC of NA Nationwide Insurance
AON Principal Financial Group
CIGNA Corp. PWC
Coaching Actuaries RGA Reinsurance Group of America, Inc.
Country Financial Transamerica
Ernst & Young LLP The Travelers Company
FBL Financial Group Inc. CUNA Mutual
KPMG LLP Towers Watson
Milliman, Inc. (Chicago)  

 

Drake’s hometown, Des Moines, is a hub of insurance and financial services industries and is home to companies such as The Principal Financial Group, Nationwide Insurance, and Wells Fargo, all of which provide access to stellar internships throughout the year

Drake actuarial science students have held internships and accepted full-time jobs at top companies such as:

 

Alliance Life Insurance Company of North America Milliman Inc.
Allstate Insurance Company Mutual of Omaha
AON Nationwide Insurance
Athene Northwestern Mutual
CIGNA Corporation Principal Financial Group
Coaching Actuaries Sammons Financial Group
FBL Financial Group SCOR Global Life Reinsurance
GuideOne Insurance Securian Financial Group
Hannover Reassurance Company of America State Farm Insurance Companies
Humana Transamerica
John Deere Financial The Travelers Companies
KPMG LLP USAA
Lincoln Financial Group  

 

Careers

Chief Executive Officer of the Sammons Financial Group, Inc., Chairman of The Principal Financial Group; Chairman of Unified Life Insurance Co.; CEO of GuideOne Insurance, Swiss Re Division Head Casualty—these are just a few of the School of Actuarial Science’s outstanding alumni. Many actuarial science graduates maintain strong ties to the University, recruit students for internships and jobs, and are a great resource as you attend Drake and begin your career.

As highly sought-after professionals actuaries work in many fields, including finance, risk management, and insurance.  The actuarial career ranks high for job satisfaction and compensation. CareerCast.com recently identified actuary as the No. 1 job in the United States, and CNNMoney named actuarial science as on the top 15 most lucrative college degrees.  Experienced actuarial fellows may earn $150,000 or more.  According to CNN Money, starting salaries average around $45,000 and $50,000 a year for recently graduated actuaries.  To learn more about traditional career paths taken by actuaries, visit Society of Actuaries Traditional Paths.   Examples of non-traditional fields include enterprise risk managment, investments, sales and marketing, and entrepreneurship.  More information about these and other non-traditional paths can be found at the Society of Actuary's Non-Traditional Paths.

In addition to the professional staff in Drake’s Professional and Career Development Center, Career bluePrint helps students and alumni advance their careers and find job openings.

CBPA News
December 7, 2017
Drake University will hold a commencement ceremony this month to celebrate the accomplishments of 325 undergraduate, graduate, and doctoral students who completed their degree requirements as of the conclusion fall 2017 semester.