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Actuarial Student Intern | Intern in Job Job at Milliman in Indianapolis IN | 6214507728

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Actuarial Student Intern

Location:
Indianapolis, IN
Description:

Business Overview: The health care consulting practice located in the Indianapolis office of Milliman provides consulting services to a broad array of clients in the healthcare field with primary focus on Medicaid and Pharmaceutical consulting. We are looking for actuarial student interns to assist other actuarial students and consulting actuaries with the development and use of actuarial models for pricing, reserving, and forecasting. The position allows each employee to take on responsibility for client work while making meaningful contributions to projects and the firm. Interns are treated like new hires during their summer and receive the same experience they would if they were a full-time actuarial student. Our team members are independent problem solvers who care about the quality of the work that is delivered to clients and to each other. They take personal responsibility for their work and are motivated to succeed in their own careers as well as to help the firm succeed. We leverage these skills to create innovative solutions and share novel insights with our clients.The successful candidate will review, organize and analyze statistical data; develop and utilize actuarial models; analyze healthcare costs and utilization data; and implement software solutions under actuaries' supervision.Our flat structure provides opportunity for self-motivated actuarial students to ask questions, learn fast, interact with leading experts in the field, and take on responsibility commensurate with individual professional growth. Position Description: Analyze healthcare cost and utilization data using spreadsheets and databases Review, organize and analyze statistical data using Excel, R, and SAS Draft client communications Examine benefit plan and insurance pricing Perform experience analysis and reserving Complete technical research and computer modeling Provide financial and statistical analysis Reconcile claims data and project future costs Support senior staff in strategic projects such as supporting clients through environmental changes or healthcare reform Minimum Qualifications: Pursuing a Bachelor's or Master's degree in actuarial science, mathematics, or another major with quantitative course work GPA of at least 3.3 Previous actuarial or related internship experience is a plus Passed Society of Actuaries exams is a plus A desire to expand actuarial skills and be committed to obtaining Fellowship Knowledge of Excel Knowledge or training in computer programming language a plus SAS, and/or VBA experience is particularly useful Ability to quickly learn new software programs Strong time management skills Strong analytical, communication (written and oral), and organizational skills Excellent people skills with the career goal to be an actuarial consultant Results-driven orientation Willingness and aptitude for detail work Enthusiastic; helpful attitude Ability to prioritize work and meet deadlines Competencies of a successful actuarial student: Effective written and oral communication Organization and ability to manage and prioritize time without constant supervision Demonstrates effective listening skills and does not have to ask the same question twice Detail oriented, with ability to follow technical instruction Displays willingness and eagerness to learn Honesty in representing the steps taken to develop solutions Treats others with respect Approaches conversations ready and able to take notes Acts as a good representative of the practice both professionally and socially (social media, work events) Views constructive feedback with the goal of improving own work product The position includes: A housing stipend Structured opportunities to get to know other team members Exposure to senior consultants and practice leaders Speaker series covering a wide range of professional development skills Why Milliman? Milliman is among the world's largest independent consulting and actuarial firms. Our clients represent nearly every segment of stakeholders in the global healthcare system. We advise clients on a wide range of issues-from assessing the impact of healthcare reform on organizations or populations to providing insight into medical utilization. Our consulting work is supported by a powerful tool kit of data analytics solutions and an expert-driven, multidisciplinary team approach to deliver actionable insights to our clients. Starting positions in the Milliman Indianapolis Health Practice offer varied opportunities to develop both professional and technical skills. We are hiring a broad range of professionals across actuarial, data analytics, finance, consulting, and policy positions. Location This position will be based out of the Milliman office in Indianapolis. Applicants must be willing to work onsite in the Milliman office. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)5ah5d54a
Company:
Milliman
Posted:
September 17 on Actuary
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