Actuarial Intern

Corewell Health • Grand Rapids, MI

6d

About The Position

Provides actuarial support by developing and communicating analyses that inform pricing, financial forecasts, IBNR estimates, provider risk arrangement targets, and strategic decisions. The intern evaluates scenarios and impact assessments, helps establish targets for pricing, budgeting, risk arrangements, and third-party contracts, and assists in advising business areas on product, contract, and risk arrangement pricing and profitability. The role contributes to team process improvements and maintains clear documentation.

The intern completes work and updates models with support from a more senior actuary, learns core analytical concepts and business areas, and uses tools such as Microsoft Office and business intelligence tools to summarize results and provide descriptive analytics. The position emphasizes professionalism, curiosity, clear communication, and learning through feedback and shadowing. The internship is expected to begin in May or June 2027 and run through October 2027.

Requirements

• Currently enrolled in a university pursuing an associate's or bachelor's degree in an area of accountability, or a recent graduate of an associate's or bachelor's degree program.
• Successful completion of one or more SOA Actuarial Exams, excluding VEE.

Responsibilities

• Develop and communicate analyses supporting pricing, financial forecasts, IBNR estimates, provider risk arrangement targets, and strategic decisions.
• Evaluate multiple scenarios and provide impact assessments to inform decision-making.
• Help establish targets for pricing, budgeting, risk arrangements, and other third-party contracts.
• Assist in advising departments on the pricing and profitability of products, contracts, and risk arrangements.
• Complete work and update models with support from a more senior actuary.
• Learn core analytical concepts and multiple business and functional areas, including by shadowing more senior actuaries.
• Use Microsoft Office, business intelligence tools, and other relevant tools to summarize results and provide descriptive analytics.
• Contribute to process improvement and maintain clear, appropriate documentation.
• Communicate clearly, seek support when needed, and participate in applicable safety initiatives and requirements.
• Perform other duties as assigned.

Benefits

• Comprehensive benefits package
• On-demand pay program powered by Payactiv
• Discounts directory
• Optional identity theft protection
• Optional home and auto insurance
• Traditional and Roth retirement options with service contribution and match savings

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: Associate degree