Actuarial Intern

🔥 2 hours ago

🇺🇸 United States – Remote

💵 $23 - $46 / hour

👨‍🎓 Internship

⚪️ Entry-level

📊 Actuary

🚫👨‍🎓 No degree required

🦅 H1B Visa Sponsor

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👻 Ghost score 0%

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Milliman

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1947

🏥 Healthcare

🛡️ Insurance

💼 Consulting

Healthcare • Insurance • Consulting

Milliman is an independent global actuarial and consulting firm founded in 1947 that provides expertise in insurance, healthcare, retirement and employee benefits, risk management, and related financial services. The firm combines actuarial rigor, data science, and technology to deliver consulting, modeling, software, and advisory solutions to public- and private-sector clients addressing challenges such as healthcare costs, market volatility, climate risk, and program design. Milliman operates worldwide with multidisciplinary teams including actuaries, data scientists, clinicians, and software engineers.

📋 Description

• Work alongside Milliman consultants and project team members, including senior management • Gain exposure to product development, pricing, and reserving over a 10–12 week internship • Present work to Milliman colleagues at the conclusion of the internship • Use Excel to prepare data analyses, check data accuracy and consistency through peer review, draft reports, and maintain documentation • Perform predictive modeling using GLMs and non-linear methods, primarily with SAS, Python, and R, to support rate analyses • Draft written reports, exhibits, and internal/external correspondence • Prepare and submit state regulatory filing support documents • Undertake research projects of varying scope and size • Collaborate with colleagues and clients across time zones

🎯 Requirements

• Currently pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field • At least one semester of school remaining • At least one actuarial exam passed at the time of application • Experience conducting data analysis using MS Excel • Experience using MS Word, PowerPoint, Outlook, and Teams • Some exposure to SQL, R, and/or Python • Sincere interest in pursuing an actuarial career in Property and Casualty • Strong in-person and written communication skills • Ability to work independently and within a team, especially virtually • Excellent time management skills, including collaboration across time zones • Ability and willingness to clearly articulate questions and ideas • Analytical thinking skills • Intellectual curiosity about risk, Milliman, and the practice’s work • Enthusiasm for producing accurate, professional work with integrity • Must be legally authorized to work in the United States without current or future immigration support or sponsorship • Preferred: two or more passed actuarial exams and/or one or more VEE completed • Preferred: prior internship(s) or related work experience • Preferred: experience using SAS, R, SQL, Python, or other modeling/coding languages • Preferred: experience with PowerBI or Tableau • Preferred: expertise with @Risk, VBA, STATA, or similar tools • Preferred: interest or intent to pursue Casualty Actuarial Society credentials

🏖️ Benefits

• Employee Assistance Program (EAP) • 401(k) plan with company matching program and profit-sharing contributions, after eligibility requirements • Paid Time Off (PTO), accruing from the first day of work • Pre-tax savings for eligible transit and parking expenses • On-the-job mentorship from experienced actuaries • Actionable career development feedback • Exam support • Skills training and career development • Learning and mentoring opportunities • Employee Resource Groups (ERGs) • Opportunities to give back through professional organizations