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Actuarial Intern Job

Date: Mar 1, 2019

Location: Eagan, Minnesota, US, 55122

Company: Blue Cross and Blue Shield of Minnesota

About Blue Cross



Founded in 1933, Blue Cross and Blue Shield of Minnesota is the largest health plan in the state. We have more members, the largest network of providers and more products and services than any other plan in Minnesota. From the beginning, Blue Cross has been an innovator with a mission of making a healthy difference in people’s lives.



We understand the importance of finding a job that you truly enjoy — at a company that shares your values. We’ve made it easy to feel good about working at Blue Cross by encouraging volunteerism, valuing diversity and offering the flexibility you need to live a balanced life. We offer a suite of comprehensive medical and dental benefits as well as competitive pay, flexible work schedules and generous personal paid time off in addition to 20 hours of volunteer paid time off each year. We look forward to serving Minnesotans over the next 80 years and beyond. Join us and make a healthy difference through the work you do every day.


Description Summary

This position applies knowledge of mathematics, probability and statistics in the area of health insurance. This position identifies issues, gathers and analyzes a wide variety of data and presents results and recommendations to management. May represent the department on corporate projects.



We do not provide housing for this summer internship. 


Accountabilities

1) Assumes responsibility for portion of the department workload including retrieving and analyzing appropriate data and identifying issues to be researched.



2) Documentation of methods, procedures and results.



3) Assists senior actuarial positions in the development of mathematical models in connection with other departments to predict the impact of proposed changes.



4) Work with senior positions to understand and interpret the financial impact of decisions made by retrieving and analyzing claim costs, revenue and other relevant data.



5) Provide data and analysis to assist in evaluating the impact of proposed benefit, system or process changes.



6) Improve upon technical skills required for data retrieval and summarization.



7) Improve upon corporate business knowledge.



8) Other specific accountabilities as assigned by management


Requirements


  • Pursuing a Bachelor's degree in mathematics, statistics, actuarial science, economics or related field

  • Basic problem solving and analytical skills

  • Good oral and written communication skills

  • Strong PC skills, especially Excel

  • Some knowledge of programming or data retrieval packages, such as SAS or SQL

  • Works independently

  • Preferred candidate has passed at least one actuarial exam

  • Preferred candidate will be able to work part time during school year and full time during summer months


Preferred Requirements


  • Previous experience helpful but not necessary


FLSA Status

Non-Exempt

Make a difference



Thank you for your interest in Blue Cross. Be part of a company that lets you be you — and make a healthy difference in people’s lives every day



Blue Cross is an Equal Opportunity and Affirmative Action employer that values diversity. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on race, color, creed, religion, sex, national origin, genetic information, marital status, status with regard to public assistance, disability, age, veteran status, sexual orientation, gender identity, or any other legally protected characteristic.



Blue Cross® and Blue Shield® of Minnesota and Blue Plus® are nonprofit independent licensees of the Blue Cross and Blue Shield Association.


Nearest Major Market: Minneapolis

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