Milliman's Indianapolis healthcare consulting practice provides consulting services to a broad array of clients in the healthcare field with primary focus on Medicaid and Pharmaceutical consulting. We are looking for an actuarial intern to assist consulting actuaries with the development and use of actuarial models for pricing, reserving, and forecasting. This position provides excellent opportunities for professional development and advancement.
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.
The candidate will also work with consulting actuaries to develop and utilize actuarial models, analyze healthcare cost and utilization data, complete actuarial calculations, and implement software solutions.
Milliman, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age, protected veteran status, disability status, or other characteristics protected by law.
Analyze healthcare cost and utilization data using spreadsheets and databases
Review, organize and analyze statistical data using Excel, R, SQL and SAS
Perform Experience analysis and reserving
Complete Technical research and computer modeling
Provide Financial and statistical analysis
Reconcile claims data and project future costs
Supporting more senior staff in strategic projects including assisting clients to navigate the changes in the US healthcare system created by the national healthcare reform laws
Currently enrolled in a Bachelor’s degree program in actuarial science, mathematics, or another major with quantitative course work
At least a Junior (i.e. will graduate within 1 year of internship)
Outstanding academic record
At least 1 Society of Actuaries exam passed
A desire to expand actuarial skills and be committed to obtaining Fellowship
Knowledge of Excel
Knowledge or training in computer programming language a plus
SAS, SQL and/or VBA experience is particularly useful
Ability to quickly learn new software programs.
Strong time management skills
Strong analytical, communication (written and oral), and organizational skills
Excellent people skills with the career goal to be an actuarial consultant
Willingness and aptitude for detail work
Enthusiastic; helpful attitude.
Ability to prioritize work and meet deadlines
Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe 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.QualificationsRequiredAt least 1 Society of Actuaries exam passedPreferredPrevious actuarial or related internship experience is a plusLicenses & CertificationsRequiredPreferred