Actuary Intern

Horizon Blue Cross Blue Shield of New Jersey • Newark, NJ

114d

About The Position

Horizon Blue Cross Blue Shield of New Jersey empowers our members to achieve their best health. For over 90 years, we have been New Jersey’s health solutions leader driving innovations that improve health care quality, affordability, and member experience. Our members are our neighbors, our friends, and our families. It is this understanding that drives us to better serve and care for the 3.5 million people who place their trust in us. We pride ourselves on our best-in-class employees and strive to maintain an innovative and inclusive environment that allows them to thrive. When our employees bring their best and succeed, the Company succeeds. Are you seeking an Actuarial Internship in the healthcare industry where you will work while gaining that provides invaluable experience? If yes, then Horizon Blue Cross Blue Shield of New Jersey has an exciting opportunity for you to join our Actuary Team as an Actuarial Intern in our Newark, NJ facility!

Requirements

• Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics or Economics.
• A high degree of skill in mathematics and statistics.
• Affinity for learning how to use as well as develop technical tools for working with data sets.
• Willingness to discover new opportunities for leveraging data to deliver new business insights or improve key decision-making processes.
• Intermediate or Advanced Excel skills.
• Working knowledge of VBA or SQL.
• Experience with SAS highly preferred.
• Must have at least one actuarial exam completed.
• Excellent verbal and written communication skills, including the ability to communicate with internal and external customers.

Responsibilities

• Working with other members of the Actuary/Analytics team to complete various tasks related to existing initiatives.
• Working with data sets to map structures and identify correlations between elements.
• Identifying and acquiring additional data sets which enhance the relevance and accuracy of existing data sets.
• Perform actuarial tasks which are of a mathematical and quantitative nature.
• Tasks will vary based on work assignment and may involve reserve calculations, pricing analysis, experience analysis and studies, financial projections, and other actuarial/financial calculations.
• Provide technical and analytical support for the actuarial department.

Benefits

• Hybrid work environment (1-2 days/week in the office)
• 8am-5pm schedule (9 hour work day with lunch)
• 11 week program duration (June 1, 2025 – August 14, 2025)

What This Job Offers

• Career Level: Intern
• Education Level: Bachelor's degree