Actuarial Intern

About the Role

This internship is expected to begin May or June of 2027 and run through October 2027.

Job Summary

Provides actuarial support by:

• Developing and communicating accurate analyses that inform actuarially sound pricing, financial forecasts, IBNR estimates, provider risk arrangement targets, and strategic decision-making for business partners.
• Participating in the decision-making process by evaluating multiple scenarios and providing impact assessments.
• Helping to establish targets for pricing, budgeting, risk arrangements, or other third-party contracts.
• Advising other departments (Underwriting, Data & Analytics, Provider, Pharmacy, Product, and Finance) on the pricing and profitability of products, contracts, and/or risk arrangements.
• Acting as a team member and assisting the team in improving processes, including maintaining clear and appropriate documentation.

Essential Functions

• Completes work and updates models with the support of a more senior actuary.
• Open to feedback and asks questions.
• Shadows higher-level Actuaries regularly.
• Learning core analytic concepts and multiple business/functional areas.
• Able to use Microsoft Office (e.g., Excel), Business Intelligence tools (e.g., Copilot), and other relevant tools to summarize results.
• Provides descriptive analytics.
• Focuses on professionalism and learning, and is curious about work tasks assigned.
• Reaches out to teammates for support and clearly communicates when support is needed.
• Actively participates in safety initiatives and risk mitigating measures where appropriate.
• Completes all position and unit safety-related competencies and requirements on a timely basis.
• Performs other duties as assigned.

Qualifications

• Currently enrolled in a university pursuing an Associate's or Bachelor's degree in an area of accountability. May also be a recent graduate from an Associate's or Bachelor's degree program.
• Successful completion of 1 or more SOA Actuarial Exams (not including VEE).