Penn Mutual Internship 2027–2028: Programs, Deadlines & How to Apply

Last updated: October 2026

Penn Mutual has one summer 2027 internship open right now: the Actuarial Summer Intern role, posted September 14, 2026 on its job board. It's an 11-week, paid, mostly remote program at $26 to $29 an hour, depending on exams passed, with one onsite week at the Conshohocken, Pennsylvania office. No actuarial exams are required. In plain words: you apply during 2026, you intern in summer 2027.

Penn Mutual's other internships, in areas like accounting, IT, marketing, operations and sales, run on a later clock. Last year's corporate summer roles were still listed in May 2026 for June starts, so expect them around March to May 2027. Actuarial students should apply this fall; everyone else should watch the board in early spring. Separately, Penn Mutual sells through independent financial professionals, a commission-based career that isn't an internship.

Quick Facts

Only the actuarial internship is open now; corporate summer 2027 internships are expected in spring 2027, with short windows.

Externships are short, remote programs where you finish a real project for a real company, usually in about 8 weeks at 5 to 10 hours a week. The Breaking Games SQL Database Architecture Externship builds the data skills behind Penn Mutual's actuarial experience studies, and the Attronica Financial Planning & Analysis Externship fits its projection and accounting work. Explore all Externships.

What Is a Penn Mutual Internship?

A Penn Mutual internship is a paid summer role at The Penn Mutual Life Insurance Company, a mutual life insurer founded in 1847 and now based in Conshohocken, Pennsylvania, outside Philadelphia. Its flagship is the actuarial internship, with work in product development, financial management, risk management and actuarial analytics, plus executive sessions, mentoring and a final presentation. Penn Mutual also runs corporate internships and co-ops in accounting, assurance, compliance, HR, IT, marketing and operations, according to its internships page. It sells life insurance, annuities and wealth management through financial professionals, an independent, commission-based career that's separate from these internships.

When Do Penn Mutual Internship Applications Open for 2027–2028?

Penn Mutual runs two clocks. The actuarial internship posts in early fall: the summer 2027 role went up September 14, 2026, about eight and a half to nine months before a late May or June start. We couldn't find when last year's actuarial role first posted, so the summer 2028 projection (around September 2027) is low-confidence. Corporate summer internships come much later. Last year's creative services and advanced sales roles were still listed in May and early June 2026, weeks before June starts, so expect summer 2027 corporate roles around March to May 2027.

How to read this page: our dates come from tracking previous recruiting cycles and daily posting data. Treat them as informed estimates based on historical patterns, not confirmed dates. The company's official careers page is always the most current source. If a role is posted there, go by that, even if this page suggests the window hasn't opened yet.

Why You Must Apply the Week Applications Open

The two tracks need different urgency. The actuarial posting has no closing date, so it's rolling, and the safe move is to apply this fall while the whole program is still hiring. Corporate internships are the opposite: a short window. Last year a creative services role was listed with a May 15 close on one job board and the advanced sales role was taken down June 3, both for June starts. Those dates came from job boards, not Penn Mutual, but they show the pattern: roles appear in spring and don't stay up long. Set a weekly check of the Penn Mutual board from March 2027.

Which Penn Mutual Internship Programs Should You Target?

Penn Mutual's actuarial program is the only internship open for 2027 so far. Here's how its tracks compare, using last year's postings for the roles not yet posted.

The Penn Mutual internships page describes both programs; postings appear on the job board.

What Are the Eligibility Requirements?

The live actuarial posting is the only 2027 source so far. It asks for:

• Major: "Working towards a degree with a major/concentration in Actuarial Science, Mathematics or a related discipline. Business coursework is a plus."

• Exams: "Actuarial exams are not required for program eligibility; however, progress toward actuarial credentialing is preferred."

• Hours: full-time, 40 hours a week, for 11 weeks, including one week on site in Conshohocken, Pennsylvania.

• GPA and class year: not stated on the posting.

• Work authorization: the actuarial posting doesn't address visa sponsorship, so confirm with the recruiter before you rely on it.

• Corporate roles (2026): a degree in a related field; creative applicants brought a portfolio or work samples to the interview.

Do You Need Actuarial Exams for Penn Mutual's Internship?

No, but they pay. The posting says exams aren't required to be eligible, while progress toward credentials is preferred, and the $26 to $29 hourly range depends on the number of exams passed. So a first exam helps both your odds and your rate. Penn Mutual's internships page also mentions a formal skills assessment during the program.

What Skills Does Penn Mutual Look For, and How Do You Build Them?

Penn Mutual's intern postings share a short core list: working in a collaborative team and learning new skills while suggesting improvements appear on all six postings we read, and communication and organizing and prioritizing work on five. On top of that, actuarial interns compile, validate and analyze data for experience studies and reserve analyses and train on "emerging AI-enabled tools"; creative interns need Adobe tools and a portfolio; sales and accounting roles ask for Excel, reporting and reconciliations.

How Is Demand for Actuarial Interns Moving Right Now?

Build These Skills Before You Apply

Each Penn Mutual skill below maps to a remote Externship, a good fit for a mostly remote internship.

The SQL match is the closest for actuarial applicants: data compiling and validation is the first hands-on duty the 2027 posting lists.

What Is the Penn Mutual Application and Interview Process Like?

Penn Mutual doesn't publish its interview rounds. What its postings and careers pages do say:

1. Apply on the official site. Penn Mutual asks candidates to apply for open positions only through its official website, which links to its Workday board.

2. One posting per track. The actuarial program is a single posting for several actuarial teams; corporate roles are posted one by one in spring.

3. Interviews. Penn Mutual doesn't describe its rounds, and we found no first-hand intern account. Creative applicants last year had to bring a portfolio or work samples.

4. Onsite week. Actuarial interns spend one week in Conshohocken with the intern class and actuarial leaders; plan travel for it.

5. Final presentation. Actuarial interns present to the actuarial department at the end of the program.

Our behavioral interview guide shows how to prepare examples for any round.

What the Community Says

Reddit has no first-hand Penn Mutual intern threads. What it does show is the Drexel co-op route and a caution about "financial advisor" offers.

How Do You Stand Out for a Penn Mutual Internship?

Three moves. First, match your clock to your track. Actuarial students should apply this fall; corporate applicants should have a resume, and for creative roles a portfolio, ready by March 2027. Second, bring an exam or a data project. Exams aren't required, but they raise the pay band and are preferred; without one, show data you've compiled and checked yourself. Third, show you work well remotely. The internship is primarily remote, so give an example of a project you delivered with clear written updates. If you're at Drexel, use its co-op rounds: Penn Mutual's CEO started there as an investment co-op in 1994. Penn Mutual publishes no applicant count or conversion rate.

What Other Companies Should You Consider?

Penn Mutual competes for actuarial and finance students with other mutual life insurers and Philadelphia-area carriers.

Our insurance internships summer 2027 guide compares calendars across life insurers, carriers and brokers.

FAQ

Can I still apply for a summer 2026 Penn Mutual internship?

No. Penn Mutual's summer 2026 internships started in June 2026. The open door now is summer 2027: the Actuarial Summer Intern role has been live since September 14, 2026. Corporate internships for summer 2027, in areas like accounting, IT, marketing and sales, are expected around March to May 2027.

When do Penn Mutual internships for summer 2027 open?

The actuarial internship opened September 14, 2026 and lists no deadline. Corporate summer internships come later: last year's creative services and advanced sales roles were still listed in May and early June 2026 for June starts. Expect summer 2027 corporate roles around March to May 2027.

How much do Penn Mutual interns make?

The 2027 actuarial internship pays $26 to $29 an hour, depending on the number of exams passed, full-time for 11 weeks. Last year's corporate summer roles, such as creative services, listed $20 to $25 an hour. Don't assume the actuarial range applies to other tracks.

Is the Penn Mutual actuarial internship remote?

Mostly. Penn Mutual calls it a primarily remote, 11-week internship, with a dedicated onsite week in Conshohocken, Pennsylvania, where interns meet the class and actuarial leaders. The rest of the summer you work from home on a full-time, 40-hour schedule. Plan for travel to the onsite week.

Do I need actuarial exams for Penn Mutual's internship?

No. The posting says exams aren't required for eligibility, though progress toward actuarial credentials is preferred. Exams do affect pay: the $26 to $29 hourly range depends on how many you've passed. You need a major or concentration in actuarial science, math or a related field.

Is a Penn Mutual financial professional role an internship?

No. Penn Mutual sells through independent financial professionals and its affiliated network, 1847Financial. Becoming one is an independent, commission-based sales career. The paid internships are corporate roles posted on Penn Mutual's own Workday board, and Penn Mutual asks applicants to apply only through its official site.

Does Penn Mutual hire Drexel co-ops?

Yes. Drexel students have discussed Penn Mutual accounting and assurance co-op offers through Drexel's co-op rounds, and Penn Mutual's CEO began as a co-op student in its investment department in 1994. Those co-ops are arranged through Drexel's own system, not the public summer internship postings.

Where is Penn Mutual located?

Penn Mutual's corporate address is in Conshohocken, Pennsylvania, outside Philadelphia; it was long based in Horsham. The actuarial internship's onsite week is in Conshohocken, and the rest is remote. Last year's corporate summer internships were remote too, so most interns don't need to relocate.

Penn Mutual's actuarial internship is open now, and its corporate roles are expected in spring 2027. Use the months between: a remote Externship gives you a finished project to show when you apply.