Internship Actuarial

Blue Cross Blue Shield of Michigan; Lansing (MI); Presencial; USD 23.000 - 45.000; Jornada completa

Descripción de la vacante

Blue Cross Blue Shield of Michigan offers a summer actuarial internship designed to provide hands-on experience and prepare you for a full-time actuarial opportunity. You will learn to apply actuarial concepts, gather and analyze data, and present analyses for pricing, reserving, product development, capital modeling, reinsurance and other financial analysis.

The program emphasizes learning, professional growth, and managing multiple deadlines while maintaining confidentiality.

Formación

• Sophomore, junior, or senior status by end of spring term or enrolled in grad program.
• Must be at least 18 and enrolled in or completed a vocational insurance program with some college credits.
• GPA 3.0 or better as of most recent grading period.
• Able to work full-time during normal business hours for this summer.
• Available to begin between mid-May and mid-June.

Responsabilidades

• Gathers, analyzes data and presents analysis for pricing, loss reserving, product development or other financial analysis.
• Updates and presents reports for pricing, loss reserving, product development or other areas of the company.
• Performs duties related to the major actuarial functions.
• Prepares and delivers presentation(s).
• Attends unit, departmental, and corporate meetings as assigned.
• Shows learning and growth and understanding of responsibilities.
• Gains understanding of how company and business works.
• Shows punctuality, professionalism, and a positive attitude when completing assignments.

Conocimientos

Oral and written communication

Computers & software

Proofreading

Math computations

Decision making

Information sharing

Workflow management

Confidentiality

Educación

Sophomore/Junior/Senior status

Graduate program enrollment

GPA 3.0+

Summer full-time availability

Descripción del empleo

SUMMARY:

This internship is designed to provide practical, hands-on experience that should prepare you for a full-time actuarial opportunity while doing meaningful work for our company. You will learn how to apply actuarial concepts, gather and analyze data, and present analysis in a format appropriate for pricing, loss reserving, product development, capital modeling, reinsurance and/or other financial analysis, as well as engage in a broader array of duties and developmental opportunities.

JOB DESCRIPTION:

• Gathers, analyzes data and presents analysis in a format appropriate for pricing, loss reserving, product development, capital modeling, reinsurance and/or other financial analysis.
• Updates and presents reports for pricing, loss reserving, product development or other areas of the company.
• Performs duties related to the major functional areas of our business for our Actuarial team.
• Prepares and delivers presentation(s) on assigned topic(s).
• Attends unit, departmental, and corporate meetings as assigned.
• Shows learning and both personal and professional growth and understanding of responsibilities.
• Gains an understanding of how company and business works.
• Shows punctuality, professionalism, and a positive attitude when completing assignments.
• Manages multiple deadlines.
• Completes miscellaneous assignments as assigned.
• Uses company software applications to complete assignments.
• Maintains confidentiality.
• Responds to internal and external customer inquiries.
• This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.

EMPLOYMENT QUALIFICATIONS:

• Have status as a sophomore, junior or senior as of the end of the spring term (or be enrolled in an applicable graduate program.)
• Have status as a rising freshman, at least 18 years-old, who is enrolled in or has completed a vocational insurance-related program, with some college credits.
• Hold a cumulative grade point average of 3.0 or better as of the most recent grading period.
• Be able to work full-time during normal business hours for this summer.
• Be available to begin employment between mid-May and mid-June.

EDUCATION OR EQUIVALENT EXPERIENCE:

Currently enrolled and active in any educational degree program that aligns with our various businesses.

EXPERIENCE:

With proper education credentials no experience necessary. Previous work experience preferred.

SKILLS/KNOWLEDGE/ABILITIES (SKA) REQUIRED:

• Excellent oral and written communication skills.
• Excellent working knowledge of computers and company standard software; Internet research experience strongly preferred.
• Ability to proofread documents for spelling, grammar and punctuation.
• Ability to perform necessary mathematical computations.
• Ability to comprehend consequences of various situations and make appropriate individuals aware of same for decision making.
• Ability to exchange information clearly and concisely and to present ideas, report facts and other information.
• Ability to establish workflows, manage multiple projects and meet necessary deadlines while maintaining composure during stressful situations occurring as a result of workloads and/or deadlines.
• Ability to maintain confidentiality.

WORKING CONDITIONS:

Work is performed in an office setting with no unusual hazards.

The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description.

Actual compensation decision relies on the consideration of internal equity, candidate's skills and professional experience, geographic location, market and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $17 and $33.

We are an Equal Opportunity Employer. We will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.