Health and Benefits Actuarial Summer Intern

Jobtailor; Washington (District of Columbia); On-site; USD 28,000 - 41,000; Full time

Job summary

Jobtailor is seeking a motivated student for an actuarial internship to perform responsibilities comparable to full-time analysts with 1:1 support from experienced colleagues. You will complete comprehensive analysis of health care data using spreadsheet and database management software and assist in developing client communications, proposals, reports, and presentations.

The role offers hands-on exposure to cost projections, plan design pricing, scenario modelling, and fundamental underwriting

Qualifications

• Pursuing a bachelor’s degree in actuarial science or related field.

Responsibilities

• Perform responsibilities comparable to full-time analysts with 1:1 support from experienced colleagues.
• Complete comprehensive analysis of health care data using spreadsheet and database management software.
• Assist in developing client communications, proposals, reports, spreadsheets and presentations.
• Perform basic cost projections using client cost and enrollment data with Marsh’s valuation model.
• Price medical and prescription drug plan designs using proprietary Marsh tools.
• Assist in developing customized pricing through alternate scenario modeling of plan designs, programs and/or employee contributions.
• Develop basic underwriting and actuarial skills while building awareness of health care plan design, cost factors and industry products, services and tools.
• Work in a fast-paced consulting environment with colleagues across organizational levels.

Skills

Analytical skills

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Communication skills

Attention to detail

Interpersonal skills

Intellectual curiosity

Project management

Data analysis

Presentation design

SQL

R

Python

SAS

Actuarial skills

Education

Bachelor’s degree progress in actuarial science or related field

Currently enrolled student

Expected graduation Fall 2027 or Spring 2028

GPA 3.0/4.0

SOA designation commitment

Legal work authorization in the U.S. without sponsorship

Tools

Marsh Valuation Model

Proprietary Marsh Tools

Job description

• Perform responsibilities comparable to full-time analysts with 1:1 support from experienced colleagues
• Complete comprehensive analysis of health care data using spreadsheet and database management software
• Assist in developing client communications, proposals, reports, spreadsheets and presentations
• Perform basic cost projections using client cost and enrollment data with Marsh’s valuation model
• Price medical and prescription drug plan designs using proprietary Marsh tools
• Assist in developing customized pricing through alternate scenario modeling of plan designs, programs and/or employee contributions
• Develop basic underwriting and actuarial skills while building awareness of health care plan design, cost factors and industry products, services and tools
• Work in a fast-paced consulting environment with colleagues across organizational levels

Requirements

• Progress towards a bachelor’s degree in actuarial science, math, statistics, economics, engineering or another related field
• Currently enrolled student
• Expected graduation date in Fall 2027 or Spring 2028
• Minimum preferred GPA of 3.0/4.0
• Commitment to achieving a Society of Actuaries (SOA) designation
• Legal work authorization in the U.S. on a permanent and ongoing basis without sponsorship now or in the future
• Strong analytical skills
• Working knowledge of Microsoft Office—Word, Excel, and PowerPoint
• Advanced programming skills are a plus, including R, Python, SAS and SQL
• Knowledge of data analysis, project management and presentation design
• Excellent interpersonal, verbal and written communication skills
• Intellectual curiosity
• Superior organizational skills and strong attention to detail

Core Competencies

Demonstrates strong analytical skills and proficiency in data analysis, project management, and presentation design. Possesses foundational knowledge in actuarial science and health care plan design, with a commitment to achieving a Society of Actuaries (SOA) designation.

Hard Skills

• Data Analysis
• Cost Projections
• Underwriting Skills
• Actuarial Skills
• Scenario Modeling
• Spreadsheet Management
• Database Management
• Presentation Design
• Project Management
• Health Care Plan Design

Soft Skills

• Excellent Communication Skills
• Intellectual Curiosity
• Superior Organizational Skills
• Attention to Detail
• Interpersonal Skills

Certifications & Qualifications

• Society of Actuaries (SOA) Designation

Industry Keywords

• Health Care Data
• Cost Factors
• Enrollment Data
• Consulting Environment
• Actuarial Science

Tools & Technologies

• Microsoft Word
• Microsoft Excel
• Microsoft PowerPoint
• Marsh Valuation Model
• Proprietary Marsh Tools