Actuarial Intern

Korn Ferry

2d • Remote

About The Position

OPPORTUNITY TO ENHANCE YOUR CAREER - It’s about exceeding your potential. Korn Ferry’s actuarial interns will participate in the actuarial review of the pricing of Medicare Advantage or Part D health insurance plans for the Centers for Medicare & Medicaid Services. The candidate will gain valuable practical experience working with high-profile healthcare issues with highly experienced and knowledgeable health actuaries. This is a paid full-time temporary summer internship with work performed remotely.  The internship will run from May 26 through July 24.  The candidate is expected to work 40 hours per week, Monday through Friday, and the pay is $20.00 per hour.

Requirements

• Demonstrated expertise in mathematics or other technical discipline.
• Strong data analysis capability.
• Experience with Microsoft Excel including a variety of Excel functions such as sum product, VLOOKUP, and pivot tables.
• Strong verbal and written communication skills as evidenced by appropriate course work or the verbal scores on SAT, GRE, or GMAT exams
• Demonstrated ability to document and explain complex factual information in precise and concise written form, using technical terms and standard English.
• Proficiency in Microsoft Word.
• Demonstrated excellence in attention to detail and highly organized.
• Demonstrated ability to deliver work under time pressure, while working in both a team environment and individually, maintaining flexibility and adaptability.
• Upper-level college student, recent graduate, or career change.
• Candidate should have made substantial progress toward a bachelor’s degree in Mathematics, Statistics, Actuarial Science, Finance, or similar field.
• Passed one or more actuarial exams.

Responsibilities

• Assist in the comprehensive review of Medicare Advantage and Part D health insurance bids.
• Analyze health plan pricing development and Medicare plan data sets using large, sophisticated tools and spreadsheets.
• Collaborate with senior actuaries to identify bid pricing errors and assist plan sponsors to resubmit corrected bids for approval by CMS.
• Prepare clear and concise documentation of our review of the pricing methodologies, assumptions, and findings.
• Communicate complex actuarial concepts in a clear and understandable manner.
• Maintain absolute confidentiality about the materials read and handled.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Number of Employees: 5,001-10,000 employees