Actuary Intern

Horizon-Blue-Cross-Blue-Shield-of-New-Jersey; Newark (NJ); Hybrid; USD 11,000 - 21,000; Part time

Benefits offered by this job

Hybrid work schedule

Job summary

Horizon Blue Cross Blue Shield of New Jersey is seeking an Actuarial Intern in Newark, NJ. Join our Actuary Team to work on data-driven projects, reserve calculations, pricing analysis, and financial projections in a hybrid environment.

The internship runs 11 weeks (June 7, 2027 – August 19, 2027) with a Newark office location and 2 days/week in the office. You’ll gain hands-on actuarial experience while collaborating with analytics professionals.

Qualifications

• Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics or Economics.
• Affinity for learning to develop tools for working with data sets.
• Intermediate or Advanced Excel skills.

Responsibilities

• Work with Actuary/Analytics team on existing initiatives.
• Map data structures and identify correlations in datasets.
• Perform actuarial tasks such as reserve calculations, pricing analyses, and financial projections.

Skills

Mathematics & statistics

Analytical thinking

Communication

Education

Undergraduate degree in Actuarial Science, Mathematics, Statistics or Economics

Tools

Excel

VBA

SQL

SAS

Job description

Horizon Blue Cross Blue Shield of New Jersey empowers our members to achieve their best health. For over 90 years, we have been New Jersey’s health solutions leader driving innovations that improve health care quality, affordability, and member experience. Our members are our neighbors, our friends, and our families. It is this understanding that drives us to better serve and care for the 3.5 million people who place their trust in us. We pride ourselves on our best-in-class employees and strive to maintain an innovative and inclusive environment that allows them to thrive. When our employees bring their best and succeed, the Company succeeds.About the RoleAre 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!What You'll DoResponsibilities: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.What You BringEducation/Experience:Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics or EconomicsA high degree of skill in mathematics and statisticsAffinity for learning how to use as well as develop technical tools for working with data setsWillingness to discover new opportunities for leveraging data to deliver new business insights or improve key decision-making processesIntermediate or Advanced Excel skillsWorking knowledge of VBA or SQLExperience with SAS highly preferredMust have at least one actuarial exam completedExcellent 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 7, 2027 – August 19, 2027)Why Horizon?At Horizon, you’ll do meaningful work that directly improves lives—while being supported by a mission‑driven organization that values expertise, collaboration, and growth. We believe that when our people thrive, our communities do too. If you are passionate about making an impact, we’d love to hear from you!Disclaimer:Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware. This job summary has been designed to indicate the general nature and level of work performed by colleagues within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of colleagues assigned to this job.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.