Analytics Actuarial Intern

Job Description

Company Overview

KLA Corporation is a global leader in diversified electronics for the semiconductor manufacturing ecosystem. Virtually every electronic device — from smartphones and laptops to smart cars and wearable technologies — is produced using KLA technologies. The company invests heavily in research and development, with approximately 15% of revenue dedicated to innovation.

Teams of physicists, engineers, and data scientists collaborate with leading technology providers worldwide to accelerate the delivery of next-generation electronic devices.

Division Overview

The KLA Services team, headquartered in Milpitas, California, delivers comprehensive service solutions including:

• Service sales and marketing
• Supply chain and spare parts management
• Field operations and engineering
• Technical training and support

The organization focuses on maintaining product performance and productivity through proactive management, advanced analytics, and global service capabilities.

Internship Overview

From a data solutions perspective, this internship focuses on developing scalable analytical methods to evaluate reliability impacts with automation, particularly when working with limited datasets.

The goal is to strengthen actuarial modeling capabilities within existing infrastructure and enhance forecasting technologies used across the organization.

Key Responsibilities

• Develop data solutions to characterize reliability impacts using limited data.
• Apply actuarial and statistical methods to model tail risk distributions.
• Leverage internal data capabilities to create scalable analytical tools.
• Translate engineering reliability problems into actuarial frameworks.
• Recommend infrastructure improvements to enhance model accuracy.
• Present findings, insights, and strategic recommendations to stakeholders at the end of the internship.

Minimum Qualifications

• Strong understanding of actuarial concepts, probability, or reliability analysis.
• Degree in Data Science, Engineering, Statistics, or a related field.
• Programming skills in Python, SQL, or R.
• Experience with tools such as Power BI, AWS, SQL, or equivalent platforms.
• Familiarity with AI/ML infrastructure and applied modeling techniques.

Preferred Qualifications

• Master’s degree in Data Science with a Bachelor’s degree in Engineering (or vice versa).
• Understanding of both engineering systems and advanced analytics approaches.
• Experience applying machine learning to reliability or forecasting problems.

Benefits & Compensation

Interns may be eligible for selected benefits, including:

• Medical, dental, and vision coverage (where applicable)
• 401(k) with company match
• Employee Stock Purchase Program (ESPP)
• Tuition reimbursement and career development programs
• Wellness programs and Employee Assistance Program (EAP)
• Paid time off and company holidays

Compensation varies based on location, skills, education, and experience.

Equal Opportunity Statement

KLA is an Equal Opportunity Employer committed to creating an inclusive workplace. Reasonable accommodations are available for applicants with disabilities during the recruitment process.