The Global Network for Freelance Actuarial Talent

ALPHA L1 โ€“ Trainee Program

Who Should Apply?

Final-year students or fresh graduates with 0โ€“1 actuarial exams. Basic Excel skills and curiosity for actuarial work is a must.

What You Get

100 hours of practical training, mentorship, evaluation, and a guaranteed internship with global exposure and real client work.

Fee & Commitment

One-time fee of USD 180. 9-month lock-in post training. No refunds once enrolled. Internship stipend applicable.

Program Flow

  1. ๐Ÿ“˜ 100 Hours of Training (Excel, Python, Communication, Actuarial Concepts)
  2. ๐Ÿงช Assessment & Evaluation
  3. ๐Ÿ’ผ 12-Week Paid Internship (Remote, with supervision)
  4. ๐Ÿš€ Onboarding into ALPHA L1 pool (Freelance opportunities begin)

Timeline Overview

Phase Duration Mode
Training 4 weeks (100 hours) Live + Recorded
Assessment 1 week Online + Task
Internship 12 weeks Remote, Paid
ALPHA L1 Onboarding Post Internship Continued Freelancing

Jumpstart Your Actuarial Career

If you are serious about becoming a future-ready actuarial professional, this program is your first step.

Fill Enrollment Form

๐Ÿ“˜ Detailed Training Curriculum โ€“ ALPHA L1

The 100-hour training is the foundation of your freelance actuarial journey. Delivered over 4โ€“5 weeks, it combines technical skill building, applied case studies, and feedback-driven learning.

  • Data importing, cleansing, and structuring (CSV, XLSX)
  • Functions: IF, IFS, VLOOKUP, INDEX, MATCH, XLOOKUP
  • Time-based functions: DATEDIF, NETWORKDAYS, EOMONTH
  • Cash flow & reserve calculations in Excel
  • Visualization: Pivot charts, trend lines, dashboards
  • Triangle building introduction and dynamic formulas

  • Policy cash flows: premiums, claims, expenses, commissions
  • Reserve logic: UPR, IBNR, discounted reserves
  • Valuation techniques and projection methods
  • Discounting, inflation and interest rate assumptions
  • Mortality tables, lapse rates and incidence modeling
  • Understanding the actuarial control cycle

  • Professional email writing and client etiquette
  • Status reporting and delivery logs
  • Explaining results to non-technical stakeholders
  • File management, naming conventions and changelogs
  • Basics of time tracking and remote delivery

  • Setting up notebook environment in cloud
  • Using pandas for data manipulation
  • Looping through records and basic actuarial calculations
  • Automating Excel tasks and report generation
  • Simple charts and graphs using matplotlib
  • Creating reusable, documented Python functions

  • Building a monthly renewal dashboard for health insurance
  • Creating basic reserving models in Excel
  • Analyzing mortality & lapse rates from actual data
  • Building triangle models with trend analysis
  • Live mentor feedback and revised submissions
  • Mock delivery sessions and corrections
๐Ÿ“Œ Final Evaluation

Participants must complete all modules and pass a final assessment to qualify for the internship. Your technical output, communication, and responsiveness will be reviewed by core ActuaryLancer mentors.

Common Questions?

What is the fee of the Alpha L1 - Trainee program?

The total fee for the ALPHA L1 - Trainee Program is USD 180 (or equivalent in your local currency). This covers the complete 100-hour training, evaluation, and internship onboarding process. You can pay using any major international card - Visa, MasterCard, American Express, or Discover. Indian candidates can also choose to pay via UPI for ease and convenience. Once your payment is confirmed, you will receive access to the training portal and be assigned a mentor to guide you through your learning and internship preparation journey.

Why Pay for This?

You are not just joining a course - you are entering a structured, global freelance ecosystem. You will be mentored by experienced actuaries, learn hands-on, and start earning after just one month of training. The fee ensures commitment and allows us to maintain quality.

When does the ALPHA L1 - Trainee program start?

The first cohort of the ALPHA L1 - Trainee program starts on 14th July 2025. Enrollment is open now, and limited seats are available. We recommend completing your registration and payment well in advance to confirm your place in the batch.

Can this lead to a full-time actuarial job?

Yes. Many of our candidates go on to secure full-time roles in actuarial firms, insurers, and consulting companies after proving their skills and work ethic during client assignments. Employers see freelance experience as valuable industry exposure.

How does this help my actuarial career?

It gives you a head start. You will build technical, communication, and project delivery skills through live assignments and client interactions. You will also expand your professional network and get guidance from seasoned actuaries.

I ultimately want a stable job. Should I still join?

Absolutely. The training and freelancing experience you gain through ActuaryLancer can make you stand out in traditional job applications. Our model helps you build credibility, especially if you are just starting out or transitioning from another field.

What if I do not want to freelance forever?

Freelancing through ActuaryLancer can be your launchpad. Even if your long-term goal is a traditional role, the skills, project portfolio, and references you gain here can strengthen your resume and accelerate your career growth.

ALPHA L1 - Trainee Enrollment

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