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Actuarial Services Internship

2 months ago

Canton, Massachusetts, United States Point32Health Full time
Job Summary

The Actuarial Services Internship Program is designed to provide exposure to basic actuarial and analytical techniques, provide insight into the health insurance industry, 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
  • Project Management
    • Performs analytical project work assigned by manager with supervision
    • Participates in planning and review sessions with own team; Facilitates review sessions with manager
    • Designs simple technical applications
    • Updates/creates project documentation (i.e. key decisions, data sources, etc)
  • Data Validation
    • Performs basic checks for data consistency, according to defined criteria
    • Identifies unusual results and rules out data / formula / technical issues
  • Analysis and Interpretation
    • 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
  • Communication and Presentation
    • Packages and presents the results to answer the identified questions / demonstrates an understanding of the work
  • Other Duties and Projects
    • Completes work with regular management oversight of all tasks, projects, and processes
    • Applies own judgment to limited analytical/technical issues
Qualifications
  • Education and Certification
    • College student working towards a Mathematics, Statistics, and/or Actuarial Science degree
  • Experience and Skills
    • Analytical skills, including the ability to design and build simple technical applications
    • Basic knowledge of relational databases, statistical packages, spreadsheet, and/or database applications (i.e. Excel, SAS, SPSS, SQL)
    • Well-developed verbal and written communication skills, including the ability to present results to stakeholders
    • Ability to work cooperatively as a team member and follow department standards and processes
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.

About Point32Health

Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized healthcare 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.