Actuary Intern (Evergreen)

Posted 3 Hours Ago
Be an Early Applicant
Newark, NJ
1 Years Experience
Healthtech • Insurance
The Role
The Actuarial Intern will work on various tasks related to actuarial initiatives, analyze data sets, perform financial projections, and provide support for the actuarial department under general supervision. They will utilize skills in mathematics and statistics to improve decision-making processes and enhance data relevance.
Summary Generated by Built In

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware

Job Summary:

Are you seeking an Actuarial Internship in the healthcare industry that provides invaluable experience? If yes, then Horizon Blue Cross Blue Shield of New Jersey has an exciting opportunity for you to join our Actuary Team as an Actuarial Intern in our Newark, NJ facility!

Responsibilities: 

  • Working with other members of the Actuary/Analytics team to complete various tasks related to existing initiatives.
  • Working with data sets to map structures and identify correlations between elements.
  • Identifying and acquiring additional data sets which enhance the relevance and accuracy of existing data sets.
  • Perform actuarial tasks which are of a mathematical and quantitative nature. Tasks will vary based on work assignment and may involve reserve calculations, pricing analysis, experience analysis and studies, financial projections, and other actuarial/financial calculations.
  • Provide technical and analytical support for the actuarial department.
  • The selected individual will perform work under general supervision and must be familiar with standard actuarial concepts, practices, and procedures.

Education/Experience:

  • Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics or Economics
  • A high degree of skill in mathematics and statistics
  • Affinity for learning how to use as well as develop technical tools for working with data sets
  • Willingness to discover new opportunities for leveraging data to deliver new business insights or improve key decision-making processes
  • Intermediate or Advanced Excel skills
  • Working knowledge of VBA or SQL
  • Experience with SAS highly preferred
  • Must have at least one actuarial exam completed
  • Excellent verbal and written communication skills, including the ability to communicate with internal and external customers.

Location: Newark Office (Hybrid, 2 days/week in the office)

Schedule: 8am-5pm (9 hour work day with lunch)

Duration: 11 week program (June 2, 2025 – August 15, 2025)

This is a pipeline requisition for the 2025 Summer Internship Program not currently an open position.

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law.  Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.

Top Skills

Excel
SAS
SQL
VBA
The Company
HQ: Newalk, NJ
4,974 Employees
On-site Workplace
Year Founded: 1932

What We Do

Horizon Blue Cross Blue Shield of New Jersey- the state’s largest and oldest health insurer - is a subsidiary of Horizon Mutual Holdings, Inc., a not-for-profit mutual holding company.

Together with its affiliates, Horizon provides a wide array of medical, dental, vision and prescription insurance products and services. As New Jersey’ health solutions leader, Horizon is transforming healthcare by working with doctors and hospitals to deliver innovative, patient-centered programs that improve quality and lower costs. It is headquartered in Newark, NJ with offices in Wall and Hopewell, NJ.

Horizon serves 3.7 million members including more than 1 million who rely on Medicaid for their health coverage.

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