Indianapolis IN

Intern

Life

Health

Data

Risk

Data Science

Experience Analysis

Pricing

Valuation

Consulting

Excel

Anticipated End Date: 2025-02-07Position Title: Actuarial Internship - Summer 2025Location: This position will be onsite out of our Indianapolis, IN PulsePoint office.Join a caring team dedicated to Elevating Whole Health and Advancing Health beyond Healthcare.Elevance Health actuarial teams use a passion for problem-solving, mathematical skills, and a varied tool kit of communication and business acumen to turn analytics into cutting-edge solutions.An Actuarial Intern will be responsible for supporting a variety of actuarial projects and tasks. Actuarial Interns will also receive an orientation to the company and the health benefits industry. They will be exposed to the practical application of actuarial projects and processes at Elevance Health and can work with other accounting, finance, actuarial, and operational areas within the company.The 2025 Actuarial Internship program is a 10-week, full-time program running from May 19th, 2025 to July 25th, 2025.How you will make an impact:<ul><li>Being involved in critical business areas such as healthcare cost analysis and trend projection, valuation, risk quantification, and health insurance pricing.</li><li>Work on multiple projects across business lines and deliver presentations on key projects.</li><li>Assist the actuarial team in collecting and refining actuarial data.</li><li>Analyze, develop, and validate statistical models and data.</li><li>Update pricing, valuation, and forecasting models.</li><li>Conduct internet research for competitive analysis.</li><li>Prepare documents for audits, as necessary.</li></ul>Minimum Requirements:<ul><li>Must be part of an approved academic course of study, and that course of study must be applicable to the company's operations or the support of those operations.</li><li>Ability to work 40 hours per week for the duration of the summer internship (5/19/25-7/25/25).</li></ul>Preferred Skills, Capabilities and Experiences:<ul><li>Preferred BA/BS degree program in Actuarial Science, Mathematics, Statistics, Finance, or other related degree.</li><li>Candidates in their Junior or Senior year are preferred.</li><li>Demonstrated teamwork and leadership ability as evidenced in extracurricular activities.</li><li>Excellent communication, analytical, and problem-solving skills.</li><li>Experience in the use of MS Office suite (Word, Excel, and Access).</li><li>Previous internship experience.</li></ul>Job Level: Non-Management Non-ExemptWorkshift:Job Family: ADM > InternWho We Are:Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.How We Work:At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs, medical, dental, vision, short and long term disability benefits, 401(k) + match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza.Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws.Applicants who require accommodation to participate in the job application process may contact for assistance.

Milliman is looking for a Healthcare Data Analyst Intern to support our consulting work with pharmaceutical manufacturers. As a Healthcare Data Analyst Intern, you will have an opportunity to work with a multi-disciplinary team to execute solutions using data-based approaches across a variety of coding platforms. Our solutions support pharmaceutical manufacturers’ strategies for their products.You will be part of a dynamic client delivery team and receive mentoring from colleagues on your team. Successful data analyst interns are problem solvers, have the ability to code with a willingness to learn more, and are able to communicate technical results in a clear and concise manner.Responsibilities<ul><li>Analyze large, complex health and drug datasets</li><li>Implement data analysis plans to address project objectives</li><li>Learn and use coding languages to analyze data and check for reasonability of results</li><li>Build user-friendly and dynamic Excel models</li><li>Utilize strong problem solving skills</li><li>Effectively communicate data analysis findings to the consulting team (verbally and written)</li><li>Work efficiently in a multi-task environment</li><li>Work both independently and collaboratively on projects</li></ul>QualificationsProfessional Qualifications<ul><li>Working toward a Bachelors or Masters Degree in mathematics, actuarial science, computer science, data science, statistics, economics, or another related quantitative field</li><li>Experience with Microsoft Excel or other similar software for quantitative analysis</li><li>Experience with coding languages (e.g., SAS, R, VBA, SQL) and a desire to learn more</li><li>Completed Bachelor's degree or higher, in an analytics or mathematics-related field, and available for full-time employment by summer 2025</li></ul>Personal Qualifications<ul><li>Eager to learn new technologies</li><li>Strong written and oral communication skills</li><li>Organizational and time management skills</li><li>Enthusiastic about working with health-centric data</li><li>Detail-oriented and capable of carrying out tasks independently</li><li>Insightful, able to pose good questions</li><li>Collaborative team player</li></ul>Preferred<ul><li>Desire to grow and progressively take on more responsibilities</li></ul>Internship Highlights:<ul><li>1:1 Mentoring Sessions</li><li>Exposure to senior consultants and practice leaders</li><li>Structured opportunities for professional learning and development – We will talk about Excel, computer programming, and more</li><li>Speaker series covering a wide range of professional development skills</li><li>Housing or housing stipend</li><li>Social activities - intern-only and practice-wide</li><li>Ample opportunity to discuss transition to full-time employment</li></ul>The TeamThe pharmaceutical consulting team is a group of 40+ individuals in the Indianapolis Health practice from varying backgrounds including actuaries, data analysts, pharmacists, and graphic designers.This group works primarily with pharmaceutical manufacturers by combining healthcare and payer knowledge, available data, analytic rigor, and industry experience to produce strategic and tactical insights for their clients.LocationThis position is based out of the Milliman office in Indianapolis, IN. Candidates hired into this role must be willing to work onsite full-time.Benefits<ul><li>When an intern, temporary, or seasonal employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan with matching program and profit sharing contribution</li><li>Employee Assistance Program (EAP)</li><li>Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason. Interns, Temporary, and Seasonal Employees will earn PTO each pay period, with an accrual rate of 1 hour for every 30 hours worked.</li></ul>Who We AreIndependent for 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.Equal OpportunityAll qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Milliman’s Indianapolis Health practice provides consulting services to a broad array of clients in the healthcare field with a primary focus on Medicaid and Pharmaceutical consulting.We have developed a well-rounded, multidisciplinary internship program, that provides future leaders with the opportunity to take responsibility for client work and make meaningful contributions to the firm, while enhancing their professional acumen and expanding their network. If you are looking to join a group of smart, talented interns – consider our program!Our Actuarial Analyst internship was designed to fully integrate up-and-coming actuarial analysts within our current team of analysts and consulting actuaries. Our flat structure provides ample opportunity for self-motivated actuarial analysts to ask questions, learn fast, interact with leading experts in the field, and take initiative to develop personalized professional goals.Responsibilities<ul><li>Analyze healthcare cost and utilization data using claims databases</li><li>Examine benefit plan and insurance pricing</li><li>Perform experience analysis and reserving</li><li>Complete technical research and computer modeling</li><li>Provide financial and statistical analysis</li><li>Reconcile claims data and project future costs</li><li>Support ad-hoc client requests</li><li>Support senior staff in strategic projects such as supporting clients through environmental changes or healthcare reform</li></ul>QualificationsRequired:<ul><li>Working toward a Bachelors or Masters Degree in actuarial science, mathematics, statistics or another related quantitative field</li><li>Cumulative GPA of 3.3 or higher</li><li>A desire to expand actuarial skills and be committed to obtaining Fellowship</li><li>Knowledge of Excel</li><li>Ability to quickly learn new software programs</li><li>Strong time management skills</li><li>Strong analytical, communication (written and oral), and organizational skills</li><li>Ability to prioritize work and meet deadlines</li></ul>Preferred:<ul><li>Passed, at minimum, 1 Society of Actuaries exam</li></ul>Internship Highlights<ul><li>1:1 Mentoring Sessions</li><li>Exposure to senior consultants and practice leaders</li><li>Structured opportunities for professional learning and development – We will talk about Excel, computer programming, and more</li><li>Speaker series covering a wide range of professional development skills</li><li>Housing or housing stipend</li><li>Social activities - intern-only and practice-wide</li><li>Ample opportunity to discuss transition to full-time employment</li></ul>The TeamThe Indianapolis Health Practice is strategically structured to serve state Medicaid agencies. We create dedicated core teams for each state Medicaid agency client that are customized to serve each of our clients’ unique needs. As a summer actuarial intern, you will be placed on a dedicated state client team, learning from seasoned consultants.As a member of a state client team, you will observe how we provide comprehensive consulting services which span from many different disciplines and backgrounds including actuarial, policy, finance, pharmacy, and data management, all working together for a common goal to best serve our clients’ needs.LocationThis position is based out of the Milliman office in Indianapolis, IN. Candidates hired into this role must be willing to work onsite full-time.Benefits<ul><li>When an intern, temporary, or seasonal employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan with matching program and profit sharing contribution</li><li>Employee Assistance Program (EAP)</li><li>Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason. Interns, Temporary, and Seasonal Employees will earn PTO each pay period, with an accrual rate of 1 hour for every 30 hours worked.</li></ul>Who We AreIndependent for 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.Equal OpportunityAll qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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Actuary Internships Summer 2025 | Job Vacancies & Career Opportunities