at MILLIMAN, INC. in Chicago, Illinois, United States
Job Description
Description
Exciting Summer 2025 internship opportunities!
Join our CMHHealth Practice!
Milliman'sCMH Health Practice is looking for motivated college students pursuing a bachelor's or master'sdegree to partake in a summer actuarial internship. We offer competitive pay with the opportunity to work on real world assignments in our vibrant, dynamic, and growing health consulting practice.
Who We Are
Independent for more than 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding, healthcare financing, risk management, regulatory compliance, data analytics, and business transformation.
Our Actuarial Internship Provides You
Challenging assignments with practical on the job experience
Work alongside some of the leading experts within the healthcare industry
An opportunity to present on your summer experience
Exposure to a variety of actuarial functions, including experience studies, valuation, pricing, model development, and forecasting
An opportunity to work alongside Milliman actuarial consultants, including those in senior management
Development of your technical skills with platforms such as Excel, VBA, Python, and SAS
Attendance at professional staff meetings and department meetings
Day of exam sitting is paid time off
Mentorship from experienced actuaries
Housing stipend may be provided
Competitive pay
Prospect of securing a full-time position with Milliman
Job Responsibilities
Perform data analysis using Excel, VBA, SAS, Python, and proprietary Milliman programs to assist with consulting for various healthcare segments (Medicare Advantage and Part D,Commercial / ACA, Medicaid, Long Term Care, Pharmacy, Provider, and more)
Participate in consulting activities includingpricing, reserving, financial projections, model development, forecasting, and mergers and acquisitions
Responsible for reviewing the work ofpeersand assisting with research and product development
Coordinate with Consultants, Managers, Professional Staff, and Interns as a project team to present client reports and deliverables
Responsible forthe majority ofthe technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions
Minimum requirements
Pursuing abachelor'sor master's degree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative course work
Junior standing is preferred, will accept sophomore standing at time of application
At least one actuarial exam passed
Competencies and Behaviors that Support Success in this Role
Good academic standing (3.2 grade point average or above is preferred)
Previous internship or relevant work experience
Leadership experience and involvement in extra-curricular activities
Experience working with SAS,VBA, or other coding languagesis advantageous
Strong communication skills (both verbal and written)
A detail-oriented self-starter with an entrepreneurial spirit inspired to contribute to the success of any project
Analytical thinking skills to evaluate analyses fordownstream impact
Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures
Strong time management skills
Ability to work independently andin a team environment
Ambition and excitement for professional development within the actuarial field
Demonstrates integrity in all functions of... For full info follow application link.
Milliman is an equal opportunity employer
Our company, with the full support of our Chief Executive Officer, is fully committed to the maximum utilization of all human resources and the goals of Equal Employment Opportunity and Affirmative Action. We recruit, hire, train, and promote, and consider qualified applicants for employment, in all job titles without regard to age, ancestry, citizenship status, color, creed, familial status, genetic information, marital status, national origin, political ideology, race, religion, sex, sexual orientation, gender identity, status as an individual with a disability, or veteran status, including qualified disabled veterans, Armed Forces service medal veterans, recently separated veterans, and active duty wartime or campaign badge veterans; and shall not discriminate against any individual, or any other characteristic protected by law.
Reasonable Accommodation Notice
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
