Actuarial Analyst Intern (Summer 2027) - Indianapolis Health
About The Position
Milliman’s Indianapolis Health practice is seeking an Actuarial Analyst Intern (Summer 2027) to join our growing Health and Human Services team, currently supporting actuarial services for 10+ states across the U.S. Interns will work on a project(s) and deliver a presentation on their work at the end of the summer. Our flat structure provides ample opportunity for self-motivated actuarial analysts to ask questions, learn fast, interact with leading experts in the field, and take initiative to develop personalized professional goals. Our staff are highly engaged with interns throughout the 11-week experience. From work assignments, and professional development, to cultural excursions, the cohort will have many opportunities to learn why Milliman is a great place to begin an actuarial career.
Requirements
- A desire to expand actuarial skills and be committed to obtaining Fellowship
- Knowledge of Excel
- Willingness to learn new software and coding skills (SQL, SAS, VBA, etc.)
- Time management skills
- Strong analytical, communication (written and oral), and organizational skills
- Basic knowledge of Gen AI tools, how to utilize AI to enhance productivity, and potential ethical considerations or concerns
- Working toward a Bachelor's or Master's Degree in actuarial science, mathematics, statistics or another related quantitative field
Nice To Haves
- Cumulative GPA of 3.3 or higher
- Passed, at minimum, 1 Society of Actuaries exam
Responsibilities
- Analyze healthcare cost and utilization data using claims databases
- Examine benefit plan and insurance pricing
- Perform experience analysis and reserving
- Complete technical research and computer modeling
- Provide financial and statistical analysis
- Reconcile claims data and project future costs
- Support ad-hoc client requests
- Support senior staff in strategic projects such as supporting clients through environmental changes or healthcare reform
- Prepare and present written reports and oral presentations to communicate analysis results
- Use emerging tools, including AI-enabled technologies, to support analysis, workflow efficiency, and communication of results
Benefits
- Employee Assistance Program (EAP)
- 401(k) Plan with company matching program and profit-sharing contributions
- Paid Time Off (PTO)
- Transportation pre-tax savings
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What This Job Offers
Job Type
Full-time
Career Level
Intern
