Internship Actuarial

Blue Cross Blue Shield of Michigan•Lansing, MI

11d•Onsite

About The Position

This internship is designed to provide practical, hands-on experience that should prepare you for a full-time actuarial opportunity while doing meaningful work for our company. You will learn how to apply actuarial concepts, gather and analyze data, and present analysis in a format appropriate for pricing, loss reserving, product development, capital modeling, reinsurance and/or other financial analysis, as well as engage in a broader array of duties and developmental opportunities.

Requirements

Have status as a sophomore, junior or senior as of the end of the spring term (or be enrolled in an applicable graduate program.)
Have status as a rising freshman, at least 18 years-old, who is enrolled in or has completed a vocational insurance-related program, with some college credits.
Hold a cumulative grade point average of 3.0 or better as of the most recent grading period.
Be able to work full-time during normal business hours for this summer.
Be available to begin employment between mid-May and mid-June.
Currently enrolled and active in any educational degree program that aligns with our various businesses.
Excellent oral and written communication skills.
Excellent working knowledge of computers and company standard software; Internet research experience strongly preferred.
Ability to proofread documents for spelling, grammar and punctuation.
Ability to perform necessary mathematical computations.
Ability to comprehend consequences of various situations and make appropriate individuals aware of same for decision making.
Ability to exchange information clearly and concisely and to present ideas, report facts and other information.
Ability to establish workflows, manage multiple projects and meet necessary deadlines while maintaining composure during stressful situations occurring as a result of workloads and/or deadlines.
Ability to maintain confidentiality.

Nice To Haves

Previous work experience preferred.

Responsibilities

Gathers, analyzes data and presents analysis in a format appropriate for pricing, loss reserving, product development, capital modeling, reinsurance and/or other financial analysis.
Updates and presents reports for pricing, loss reserving, product development or other areas of the company.
Performs duties related to the major functional areas of our business for our Actuarial team.
Prepares and delivers presentation(s) on assigned topic(s).
Attends unit, departmental, and corporate meetings as assigned.
Shows learning and both personal and professional growth and understanding of responsibilities.
Gains an understanding of how company and business works.
Shows punctuality, professionalism, and a positive attitude when completing assignments.
Manages multiple deadlines.
Completes miscellaneous assignments as assigned.
Uses company software applications to complete assignments.
Maintains confidentiality.
Responds to internal and external customer inquiries.