Actuary Intern

Horizon Blue Cross Blue Shield of New Jersey; The Ironbound (NJ); Hybrid; USD 28,000 - 41,000; Full time

Benefits offered by this job

Hybrid work schedule

11-week program

Mentorship opportunities

Job summary

Horizon Blue Cross Blue Shield of New Jersey offers an Actuarial Intern position in Newark, NJ. The role is hybrid (2 days/week in the office) and runs for 11 weeks from June 7, 2027 to August 19, 2027, 8am-5pm.

You will work with the Actuary/Analytics team on data-driven tasks, reserve and pricing analyses, and financial projections. Candidates should be pursuing an undergrad in actuarial science or related fields and have completed at least one actuarial exam, with strong math, stats, and

Qualifications

• Pursuing undergrad in actuarial science, math, stats or econ.
• Strong math and statistics skills required.
• Familiarity with data tools and coding (Excel, VBA/SQL).
• Experience with SAS preferred and at least one actuarial exam completed.
• Excellent verbal and written communication skills for internal and external customers.

Responsibilities

• Collaborate with Actuary/Analytics team on current initiatives.
• Work with data sets to map structures and identify correlations.
• Assist with reserve calculations, pricing analysis and projections.
• Provide technical/analytical support under supervision.

Skills

Mathematics

Statistics

Excel

VBA

SQL

SAS

Communication

Education

Pursuing undergraduate degree in Actuarial Science / Mathematics / Statistics / Economics

Actuarial exam completed

Tools

SAS

VBA

SQL

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 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 Role

Are 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 Do

Responsibilities:

• 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 Bring

Education/Experience:

• Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics or Economics
• A high degree of skill in mathematics and statistics
• Affinity for learning how to use as well as develop technical tools for working with data sets
• Willingness to discover new opportunities for leveraging data to deliver new business insights or improve key decision-making processes
• Intermediate or Advanced Excel skills
• Working knowledge of VBA or SQL
• Experience with SAS highly preferred
• Must have at least one actuarial exam completed
• Excellent 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 missiondriven 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.