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Summer Intern - Actuarial

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Internship/Co-Operative
📅
260813 Requisition #

Independence Blue Cross

2027 Actuarial Intern Program

Job Description and Program Information

 

Independence Blue Cross

Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Blue Cross — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.

 

At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!

 

Description:

Participants in the Actuarial Development Program will:

  • Apply knowledge of mathematics, probability, and statistics to complete tasks to perform basic actuarial and statistical analyses to estimate financial outcomes, under significant direction from their management.
  • Have the opportunity to engage in dynamic rotations throughout the Actuarial Department.
  • Gain practical, versatile experience with each rotation.
  • Deepen your understanding of the actuarial field as it relates to health insurance.

 

Projects may involve all lines of business, including drug, and may include the following:

  • Preparation of Medicare and Commercial rate filings
  • Development of spreadsheet and database analytical tools
  • Project emphasizing developing a foundation in underlying health insurance actuarial theory and applying it to Independence’s business needs.

 

As you advance in the program, gain experience, and pass exams, IBX may reward your progress with salary increases.

 

Qualifications:

  • Must have completed at least 1 Society of Actuaries Actuarial Exam.
  • Strong mathematical and analytical skills
  • Strong personal computer skills
  • Familiarity with database programs such as Access
  • Familiarity with spreadsheet programs such as MS Excel
  • Ability to work independently and as part of a team.

     

 

Education:

  • Pursuing a degree in Actuarial Services, Mathematics, Statistics, Economics, or related field or equivalent work experience.
  • Junior standing preferable

 

 

Program Dates

Program Start Date: May 31, 2027

Program Completion Date: August 6, 2027

 

Work Hours

Monday – Friday, 8:30 am – 5:00 pm (37.5 hours per week)

 

Location

1901 Market Street, Philadelphia 19103

 

 

IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.

 

Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.

Inclusion and Belonging

At IBX, everyone can feel valued, supported, and comfortable to be themselves, and all associates have a fair opportunity to achieve their full potential.  We put these principles into action every day by acting with integrity and respect.  Celebrating and embracing diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.

About Our Company

Serving nearly 10 million people in 25 states and the District of Columbia, including 2.5 million in southeastern Pennsylvania, Independence Health Group is the leading health insurance company in the Philadelphia region, and we’re expanding across the country. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.

 

At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations.  For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!

Equal Employment Opportunity

IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.

Agency Disclaimer

All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process. 

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