Actuarial Intern - Part-Time

Summary: • You must be in an applicable academic program, able to work 20 hours/week, preferably a senior in Actuarial Science or related field, with teamwork skills, MS Office experience, and SOA exams preferred. • You will assist in healthcare cost analysis, data collection, model validation, pricing updates, competitive research, and audit document preparation while collaborating on multiple actuarial projects. Actuarial Internship – Part-Time Location: This position will be remote, based out of Indianapolis, IN. An Actuarial Intern will be responsible for supporting a variety of actuarial projects and tasks. Actuarial Interns will also receive an orientation to the company and the health benefits industry, be exposed to the practical application of actuarial projects and processes at Elevance Health, and can work with other accounting, finance, actuarial, and operational areas within the company. How you will make an impact: • Being involved in critical business areas such as healthcare cost analysis and trend projection, valuation, risk quantification, and health insurance pricing. • Work on multiple projects across business lines and deliver presentations on key projects • Assist the actuarial team in collecting and refining actuarial data. • Analyze, develop, and validate statistical models and data. • Update pricing, valuation, and forecasting models. • Conduct internet research for competitive analysis. • Prepare documents for audits, as necessary. Minimum Requirements: • Must be part of an approved academic course of study, and that course of study must be applicable to the company's operations or the support of those operations. • Ability to work 20 hours per week for the duration of the internship. Preferred Skills, Capabilities and Experiences: • Preferred BA/BS degree program in Actuarial Science, Mathematics, Statistics, Finance, or other related degree. • Candidates in their Senior year are preferred • Demonstrated teamwork and leadership ability as evidenced in extracurricular activities • Excellent communication, analytical, and problem-solving skills • Experience in the use of MS Office suite (Word, Excel, and Access) • Previous internship experience are greatly preferred • 1+ passed SOA exams are greatly preferred Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health. Who We Are Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business. We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few. Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location. The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact [email protected] for assistance. Requirements: • Must be part of an approved academic course of study, and that course of study must be applicable to the company's operations or the support of those operations. • Ability to work 20 hours per week for the duration of the internship. • Preferred BA/BS degree program in Actuarial Science, Mathematics, Statistics, Finance, or other related degree. • Candidates in their Senior year are preferred. • Demonstrated teamwork and leadership ability as evidenced in extracurricular activities. • Excellent communication, analytical, and problem-solving skills. • Experience in the use of MS Office suite (Word, Excel, and Access). • Previous internship experience are greatly preferred. • 1+ passed SOA exams are greatly preferred. Responsibilities: • Being involved in critical business areas such as healthcare cost analysis and trend projection, valuation, risk quantification, and health insurance pricing. • Work on multiple projects across business lines and deliver presentations on key projects • Assist the actuarial team in collecting and refining actuarial data. • Analyze, develop, and validate statistical models and data. • Update pricing, valuation, and forecasting models. • Conduct internet research for competitive analysis. • Prepare documents for audits, as necessary. Apply Job!