The 2023 Actuarial Summer Internship position will assist in completing projects related to health insurance, long-term care insurance, and related predictive modeling for the Minneapolis Health and Life practice using actuarial analyses to support any of our clients' needs.

Detailed Description

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Through 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.

Who We Are

The Minneapolis Health and Life practice is composed of healthcare and long-term care insurance professionals who provide our clients with industry-leading consulting services. We also develop and maintain innovative products that complement our consulting services. We are an expanding group with experience leading the way in industries that continuously change and evolve. Our office encourages an open and collaborative work environment to help our professionals grow and thrive.

The Department/Team

The actuarial team is involved in work that supports all areas of the practice. The analyses and techniques used are cutting edge while providing clients with accurate and easily interpreted business results. Employees balance working independently and collaborating with other team members. Actuaries and subject matter experts work closely together to ensure solutions are both statistically rigorous and solving the correct problem for the client.

Role

You will:

• Problem-solve using spreadsheets, databases, and other resources to synthesize and analyze data and information,
• Perform ad-hoc data analyses,
• Present results to peers and project leaders,
• Prepare and document project files, and
• Assist with research and business development projects.

Qualifications

Required:

• Strong technical and analytical skills,
• Strong attention to detail,
• Good communication skills, including the ability to express complicated technical concepts verbally and in writing to a variety of audiences,
• Working knowledge of spreadsheet and word processing software, and
• Current GPA of 3.0 or higher

Desired:

• At least one actuarial exam passed,
• Experience with health care or health data,
• Working knowledge of database applications, Access, SAS, SQL, R,
• Computer programming experience,
• Ability to work independently, and
• Current GPA of 3.5 or higher.

Milliman Benefits

At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual. We offer a competitive benefits package which includes:

• Competitive hourly pay rate, plus overtime when applicable,
• As a temporary or seasonal employee, you will be eligible for the Employee Assistance Plan when you are on the active payroll, and
• Business casual work environment with free covered parking.

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)