Actuarial Analysts

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We have developed a well-rounded, multidisciplinary internship program, that provides future leaders with the opportunity to take responsibility for client work and make meaningful contributions to the firm, while enhancing their professional acumen and expanding their network. If you are looking to join a group of smart, talented interns \u0026ndash; consider our program!\u003c/p\u003e \u003cp\u003eOur\u0026nbsp;Actuarial Analyst internship\u0026nbsp;was designed to fully integrate up-and-coming actuarial analysts within our current team of analysts and consulting actuaries. Our flat structure provides ample opportunity for self-motivated actuarial analysts to ask questions, learn fast, interact with leading experts in the field, and take initiative to develop personalized professional goals.\u003c/p\u003e \u003cp\u003e\u003cstrong\u003eResponsibilities \u003c/strong\u003e\u003c/p\u003e \u003cp\u003eIn this role, you will:\u003c/p\u003e \u003cul\u003e \u003cli\u003eAnalyze healthcare cost and utilization data using claims databases\u003c/li\u003e \u003cli\u003eExamine benefit plan and insurance pricing\u0026nbsp;\u003c/li\u003e \u003cli\u003ePerform experience analysis and reserving\u003c/li\u003e \u003cli\u003eComplete technical research and computer modeling\u003c/li\u003e \u003cli\u003eProvide financial and statistical analysis\u003c/li\u003e \u003cli\u003eReconcile claims data and project future costs\u003c/li\u003e \u003cli\u003eSupport ad-hoc client requests\u003c/li\u003e \u003cli\u003eSupport senior staff in strategic projects such as supporting clients through environmental changes or healthcare reform\u003c/li\u003e \u003cli style=\u0022list-style-type: none;\u0022\u003e \u003cul\u003e\u003c/ul\u003e \u003c/li\u003e \u003c/ul\u003e \u003cp\u003e\u003cstrong\u003eQualifications \u003c/strong\u003e\u003c/p\u003e \u003cp\u003eRequired:\u003c/p\u003e \u003cul\u003e \u003cli\u003eWorking toward a Bachelors or Masters Degree in actuarial science, mathematics, statistics or another related quantitative field\u003c/li\u003e \u003cli\u003eCumulative GPA of 3.3 or higher\u003c/li\u003e \u003cli\u003eA desire to expand actuarial skills and be committed to obtaining Fellowship\u003c/li\u003e \u003cli\u003eKnowledge of Excel\u003c/li\u003e \u003cli\u003eAbility to quickly learn new software programs\u003c/li\u003e \u003cli\u003eStrong time management skills\u003c/li\u003e \u003cli\u003eStrong analytical, communication (written and oral), and organizational skills\u003c/li\u003e \u003cli\u003eAbility to prioritize work and meet deadlines\u003c/li\u003e \u003c/ul\u003e \u003cp\u003ePreferred:\u003c/p\u003e \u003cul\u003e \u003cli\u003ePassed, at minimum, 1 Society of Actuaries exam\u003c/li\u003e \u003c/ul\u003e \u003cp\u003e\u003cstrong\u003eInternship Highlights\u003c/strong\u003e\u003c/p\u003e \u003cul\u003e \u003cli\u003e1:1 Mentoring Sessions\u003c/li\u003e \u003cli\u003eExposure to senior consultants and practice leaders\u0026nbsp;\u003c/li\u003e \u003cli\u003eStructured opportunities for professional learning and development \u0026ndash; We will talk about Excel, computer programming, and more\u003c/li\u003e \u003cli\u003eSpeaker series covering a wide range of professional development skills\u003c/li\u003e \u003cli\u003eHousing or housing stipend\u003c/li\u003e \u003cli\u003eSocial activities -\u0026nbsp;intern-only and practice-wide\u003c/li\u003e \u003cli\u003eAmple opportunity to discuss transition to full-time employment\u003c/li\u003e \u003c/ul\u003e \u003cp\u003e\u003cstrong\u003eThe Team\u003c/strong\u003e\u003c/p\u003e \u003cp\u003eThe Indianapolis Health Practice is strategically structured to serve state Medicaid agencies. We create dedicated core teams for each state Medicaid agency client that are customized to serve each of our clients\u0026rsquo; unique needs. As a summer actuarial intern, you will be placed on a dedicated state client team, learning from seasoned consultants. As a member of a state client team, you will observe how we provide comprehensive consulting services which span from many different disciplines and backgrounds including actuarial, policy, finance, pharmacy, and data management, all working together for a common goal to best serve our clients\u0026rsquo; needs.\u003c/p\u003e \u003cp\u003e\u003cstrong\u003eLocation\u003c/strong\u003e\u003c/p\u003e \u003cp\u003eThis position is based out of the Milliman office in Indianapolis, IN. Candidates hired into this role must be willing to work onsite full-time.\u003c/p\u003e \u003cp\u003e\u003cstrong\u003eBenefits \u003c/strong\u003e\u003c/p\u003e \u003cul\u003e \u003cli\u003eWhen an intern, temporary, or seasonal employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan with matching program and profit sharing contribution\u003c/li\u003e \u003cli\u003eEmployee Assistance Program (EAP)\u003c/li\u003e \u003cli\u003ePaid Time Off (PTO) starts accruing on the first day of work and can be used for any reason. Interns, Temporary, and Seasonal Employees will earn PTO each pay period, with an accrual rate of 1 hour for every 30 hours worked.\u003c/li\u003e \u003c/ul\u003e \u003cp\u003e\u003cstrong\u003eWho We Are\u003c/strong\u003e\u003c/p\u003e \u003cp\u003eIndependent for 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world\u0026rsquo;s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.\u003c/p\u003e \u003cp\u003eThrough a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.\u003c/p\u003e \u003cp\u003e\u003cstrong\u003eEqual Opportunity\u0026nbsp;\u0026nbsp;\u003c/strong\u003e\u003c/p\u003e \u003cp\u003e\u003cem\u003eAll qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.\u003c/em\u003e\u003c/p\u003e","EqualOpportunityEmployerDescription":"Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities","PayTransparencyPolicyStatement":"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. 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}); Tweet Actuarial Analyst Intern (Summer 2024) - Indianapolis Health Job Category: Internship Requisition Number: ACTUA007696 Posting Details Posted: August 29, 2023 Full-Time Locations Showing 1 location 13-Indianapolis10 West Market Street, Ste. 1600Indianapolis, IN 46204, USA 13-Indianapolis10 West Market Street, Ste. 1600Indianapolis, IN 46204, USA +0 more less Job Details Description Overview Milliman's Indianapolis Health practice provides consulting services to a broad array of clients in the healthcare field with a primary focus on Medicaid and Pharmaceutical consulting. We have developed a well-rounded, multidisciplinary internship program, that provides future leaders with the opportunity to take responsibility for client work and make meaningful contributions to the firm, while enhancing their professional acumen and expanding their network. If you are looking to join a group of smart, talented interns - consider our program! OurActuarial Analyst internshipwas designed to fully integrate up-and-coming actuarial analysts within our current team of analysts and consulting actuaries. Our flat structure provides ample opportunity for self-motivated actuarial analysts to ask questions, learn fast, interact with leading experts in the field, and take initiative to develop personalized professional goals. Responsibilities In this role, you will: Analyze healthcare cost and utilization data using claims databases 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 ad-hoc client requests Support senior staff in strategic projects such as supporting clients through environme