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Job Details

Actuarial Intern

Location
Madison, WI

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Description
Role Purpose:
This Actuarial Intern assignment provides an opportunity to combine real-life work experiences with classroom and technical training, and to receive a hands-on introduction to the health insurance industry at a company which is a market leader.
Essential Job Duties:
1. Review product design documents for quality, completeness, and accuracy in support of pricing, gaining exposure to our products and benefits.
2. Update and maintain tables within the rating/quoting system while validating for consistency and accuracy.
3. Assist in validating and maintaining an actuarial database, which is used for trending and pricing analysis.
4. Create a quoting tool in Microsoft Access for new large group plans.
5. Develop reports for management from rating system.
6. Work closely and interface with a smaller department of aspiring and credentialed actuaries.
7. Develop an understanding of the day to day contributions of an actuarial department, the “real world” experience.
8. Get hands-on experience with data gathering, scrubbing, and reconciliation.
9. Gain knowledge of rating/quoting systems and insurance company financials.
Qualifications
Required:
1. Undergraduate student status, with a major in Actuarial Science.
2. Ability to problem-solve and to pay particular attention to detail.
3. Strong written and communication skills.
Preferred:
1. 3.0 GPA.
2. Incoming Junior or Senior.
3. Passed one or more Society of Actuary exams.
Dean Health Plan, Inc.-
Established in 1983, Dean Health Plan is the insurance services subsidiary of Dean and SSM Health. It maintains a position of leadership in insurance services through a physician-led integrated health system that improves the health of its members and delivers a superior level of service and care. We're looking for talented individuals committed to improving the health of community through innovation, partnership and integrity.

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