Actuarial Services Internship

Job SummaryThe Actuarial Services Internship Program is designed to provide exposure to basic Actuarial and analytic techniques, provide insight into the health insurance field, and provide an opportunity to demonstrate skills taught during the internship.Interns will support the analysis and data needs for a broad range of financial and actuarial functions. This support will include rate reviews, reserve setting, financial planning and projections, trend analysis, provider reimbursement analysis, fee schedule development, provider risk analysis, and medical cost containment analysis. This role will work closely with a variety of Point32Health departments including underwriting, sales, contracting, finance, and medical management.  Key Responsibilities/Duties - what you will be doing (top five):Planning, Design, Project / Process ManagementPerforms analytic project work assigned by manager with supervisionParticipates in planning and review sessions with own team; Facilitates review sessions with managerDesign simple technical applicationsUpdates/creates project documentation (i.e. key decisions, data sources, etc)Checking / Validation / Peer ReviewPerforms basic checks for data consistency, according to defined criteriaIdentify unusual results and rule out data / formula / technical issuesAnalysis / InterpretationExamines and interprets results in the context of the specific business questions being addressedIdentifies when analysis results in unusual results, new questions, additional analysis, and/or unforseen data complexities and addresses themIdentifies reasonable conclusions/assumptionsCommunication / PresentationPackages and presents the results to answer the identified questions / demonstrates an understanding of the workOther duties and projects as assigned.Qualifications - what you need to perform the jobEducation, Certification and LicensureCollege student working towards a Mathematics, Statistics, and/or Actuarial Science degree Experience (minimum years required):Skill RequirementsAnalyticDemonstrate aptitude in analytic project design through design and build of simple technical applicationsTechnicalBasic knowledge of relational databases, statistical packages, spreadsheet and/or database applications (i.e. Excel, SAS, SPSS, SQL)Communication/PresentationDemonstrate a well-developed verbal and written communication skill through meetings, emails, and presentations within department and project teamsIndependence/JudgementComplete work with regular management oversight of all tasks, projects and processesApply own judgment to limited analytical/technical issueInterpersonalMust be able to work cooperatively as a team memberFollow Actuarial department standards and processes upon instruction Commitment to Diversity, Equity & InclusionPoint32Health is committed to making diversity, equity, and inclusion part of everything we do"”from product design to the workforce driving that innovation. Our DEI strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.Who We ArePoint32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.We enjoy the important work we do every day in service to our members, partners, colleagues and communities.Scam alert: Point32Health has recently become aware of job posting scams where unauthorized individuals posing as Point32Health recruiters have placed job advertisements and reached out to potential candidates. These advertisements or individuals may ask the applicant to make a payment. Point32Health would never ask an applicant to make a payment related to a job application or job offer, or to pay for workplace equipment. If you have any concerns about the legitimacy of a job posting or recruiting contact, you may contact TA_operations@This job has been posted by Ignyte AI on behalf of Point32Health. Ignyte AI is committed to the fundamental principle of equal opportunity and equal treatment for every prospective and current employee. It is the policy of Ignyte AI not to discriminate based on race, color, national or ethnic origin, ancestry, age, religion, creed, disability, sex and gender, sexual orientation, gender identity and/or expression, military or veteran status, or any other characteristic protected under applicable federal, state or local law.

Created: 2024-11-06