Summer Intern - Actuary
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 will involve all lines of business, including drug, and will include the following:
- Preparation of Medicare and Commercial rate filings
- Development of spreadsheet and database analytical tools
- Project will emphasize 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 and grade level increases. You may also be eligible for an additional base pay increase when you attain associateship or fellowship status in the Society of Actuaries.
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.
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 more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — 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!
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.