As you consider your career path in actuarial science, you’re likely weighing the pros and cons of internships in insurance versus consulting. Both fields offer unique opportunities for growth and development, but they cater to different interests and career goals. In 2025, the actuarial market is more competitive than ever, with both insurance companies and consulting firms competing for top talent. To make an informed decision, let’s explore five key factors to consider when choosing between these two paths.