Actuary Intern

Horizon Healthcare Services•Newark, NJ

5d•Hybrid

About The Position

Horizon Blue Cross Blue Shield of New Jersey is seeking an Actuarial Intern to join their Actuary Team in Newark, NJ. This internship offers invaluable experience in the healthcare industry, focusing on actuarial tasks, data analysis, and supporting the actuarial department. The role involves working with data sets, performing mathematical and quantitative tasks, and providing technical and analytical support under general supervision.

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.