Actuarial Services Intern
Canton, MA 
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Posted 13 days ago
Job/Internship Description

Who We Are

Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.

We enjoy the important work we do every day in service to our members, partners, colleagues and communities.

Job Summary

The Actuarial Services Internship Program is designed to provide exposure to basic Actuarial and analytic techniques, provide insight into the health insurance field, and provide an opportunity to demonstrate skills taught during the internship. Interns will support the analysis and data needs for a broad range of financial and actuarial functions. This support will include rate reviews, reserve setting, financial planning and projections, trend analysis, provider reimbursement analysis, fee schedule development, provider risk analysis, and medical cost containment analysis. This role will work closely with a variety of Point32Health departments including underwriting, sales, contracting, finance, and medical management.

Key Responsibilities/Duties - what you will be doing

  • Performs analytic project work assigned by manager with supervision
  • Participates in planning and review sessions with own team; Facilitates review sessions with manager
  • Design simple technical applications
  • Updates/creates project documentation (i.e. key decisions, data sources, etc)
  • Performs basic checks for data consistency, according to defined criteria
  • Identify unusual results and rule out data / formula / technical issues
  • Examines and interprets results in the context of the specific business questions being addressed
  • Identifies when analysis results in unusual results, new questions, additional analysis, and/or unforeseen data complexities and addresses them
  • Identifies reasonable conclusions/assumptions
  • Packages and presents the results to answer the identified questions / demonstrates an understanding of the work
  • Other duties and projects as assigned

Qualifications - what you need to perform the job

  • Current students working towards a Mathematics, Statistics, and/or Actuarial Science degree
  • Demonstrate aptitude in analytic project design through design and build of simple technical applications
  • Basic knowledge of relational databases, statistical packages, spreadsheet and/or database applications (i.e. Excel, SAS, SPSS, SQL)
  • Demonstrate a well-developed verbal and written communication skill through meetings, emails, and presentations within department and project teams
  • Complete work with regular management oversight of all tasks, projects and processes
  • Apply own judgment to limited analytical/technical issue
  • Must be able to work cooperatively as a team member
  • Follow Actuarial department standards and processes upon instruction

Commitment to Diversity, Equity & Inclusion

Point32Health is committed to making diversity, equity, and inclusion part of everything we do-from product design to the workforce driving that innovation. Our DEI strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

COVID Policy

Please note: As of January 18, 2022, all employees - including remote employees - must be fully vaccinated. This position will require the successful candidate to show proof of full vaccination against COVID-19. Point32Health is an equal opportunity employer, and will consider reasonable accommodation to those individuals who are unable to be vaccinated consistent with federal, state, and local law.

 

Position Summary
Company
Start Date
As soon as possible
Employment Type
Full Time
Period of Employment
Open
Type of Compensation
Paid
College Credits Earned
No
Tuition Assistance
No
Required Student Status
Open
Preferred Majors
Other
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