Actuarial Intern

Role

The Tampa, Florida office of Milliman, an international firm of actuaries and consultants is seeking a candidate for an actuarial internship during the Fall/Summer of 2024 and 2025. In this role, the intern will be exposed to projects across all aspects of the health actuarial space. The successful candidate will review, organize, and analyze statistical data; develop and utilize actuarial models; analyze healthcare costs and utilization data; implement software solutions under actuaries' supervision. As well, they would assist our Analysts and Consultants in the development, checking, and utilization of actuarial models to further completion of timely deliverables.

This position provides an excellent entrance into the actuarial field and will provide building blocks to a successful actuarial career.

Who We Are

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.

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG's) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman's commitments to our people, diversity and inclusion, social impact and sustainability.

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.

The Team

Milliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issues-from assessing the impact of healthcare reform on organizations or populations to streamlining operations while advancing the quality of patient care. Our consulting work is supported by a powerful toolkit of data analytics solutions and informed by the most trusted, comprehensive set of cost guidelines in the industry.

Job description:

• Review, organize and analyze statistical data
• Develop and utilize actuarial models
• Analyze healthcare costs and utilization data
• Implement software solutions under actuaries' supervision
• Assist our Analysts and Consultants in the development, checking, and utilization of actuarial models

Qualifications:

• Actively pursuing a Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field
• Planned graduation in 2025 or 2026
• GPA 3.5 or above
• Successfully completed one or more Society of Actuaries exams
• Proficient in MS Excel; SAS and VBA programming knowledge a plus
• Excellent written and verbal communication skills
• Good attitude and strong work ethic required

Competencies and behaviors that support success in this role:

• Strong communication skills (both verbal and written)
• Analytical thinking skills to evaluate analyses for downstream impact
• Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures
• Strong time management skills
• Ability to work independently and in a team environment
• Client focused and resulted oriented
• Ambition and excitement for professional development within the actuarial field
• High integrity in all professional work

Benefits

• When 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
• Employee Assistance Program (EAP)
• Paid 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.
• Commuter Program, which allows you to use pre-tax dollars to pay for your parking or public transit expenses to get to and from work. You may utilize this benefit any time throughout the year and funds will be available the first of the month following your first contribution.

Compensation

The salary range for this role is $19 - $36, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc. The expected application deadline for this job is October 15, 2024.

Location

This role is based out of the Milliman office in Tampa, FL, but candidates hired into this role may work remotely anywhere in the US.

All 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.