Actuarial Summer Internship

This is a fully remote position, open to applicants in Minnesota.

📋 Description

• Support initiatives related to health insurance, long-term care insurance, and/or predictive modeling for the Minneapolis Health and Life division.

• Utilize data processing and actuarial modeling software to meet client requirements.

• Employ spreadsheets, databases, and other tools to cleanse, synthesize, and analyze data and information.

• Convey findings to colleagues and project leaders.

• Evaluate the work of peers.

• Create and maintain project documentation.

• Aid in research and business development efforts.

• Work with healthcare data using various software applications.

• Balance independent tasks with collaboration among analysts, actuaries, and subject matter experts.

⛳️ Requirements

• A minimum current GPA of 3.0; candidates with a GPA of 3.5 or higher will be preferred.

• Currently pursuing a degree in actuarial science, statistics, mathematics, or a related discipline.

• Familiarity with spreadsheet and word processing software.

• Strong analytical and problem-solving abilities.

• Proficient verbal and written communication skills for articulating complex technical concepts to varied audiences.

• Exceptional attention to detail.

• Quick learner of existing processes.

• Capability to apply knowledge and concepts to diverse tasks.

• Strong organizational and time-management capabilities.

• Completion of at least one actuarial exam is preferred.

• Experience with healthcare or health data is preferred.

• Familiarity with database applications such as Access and VBA is preferred.

• Experience with computer and statistical programming using SAS, Python, and/or R is preferred.

• Knowledge of cloud computing is preferred.

• Ability to work independently is preferred.

• Must be set to graduate within 12 months after the internship from an accredited university is preferred.

• Must be legally authorized to work in the United States without immigration support or sponsorship from Milliman now or in the future.

🏝️ Benefits

• Milliman invests in skills training and career development.

• Opportunities for learning and mentoring.

• Access to Employee Resource Groups (ERGs).

• Employee Assistance Program (EAP).

• 401(k) plan with company matching and profit-sharing contributions, subject to eligibility after 1,000 hours worked within 12 consecutive months.

• Paid Time Off (PTO) accruing from the first day of work; interns earn 1 hour of PTO for every 30 hours worked.

• Pre-tax savings for eligible transit and parking expenses.

• Eligibility for overtime.