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Intern

Human Resources
Lockton
2 weeks ago
Internship

Job description

Intern - (2601V8)

Minimum Salary

: 25.000000

Maximum Salary

: 25.000000

Description

We are seeking a motivated and analytically minded Health Benefits Actuarial Student Intern to join our People Solutions (Health) Insights & Analytics Consulting team. This internship provides hands-on experience supporting actuaries and consultants who advise employers on healthcare plan costs, funding strategies, financial forecasting, and employee benefit programs.

Interns will gain exposure to employer-sponsored medical, prescription drug, dental, vision, and ancillary benefit plans while developing technical, analytical, and consulting skills in a professional environment.

Key Responsibilities

  • Analyze healthcare claims and enrollment data to identify cost and utilization trends.
  • Assist with the development of healthcare cost projections, budgeting, and forecasting analyses.
  • Support the preparation of reserve analyses, and financial reporting.
  • Perform data validation, reconciliation, and quality control checks.
  • Develop and maintain spreadsheets, databases, and actuarial models.
  • Assist with Medicare Part D creditable coverage testing.
  • Prepare exhibits, charts, and client deliverables for power point presentations.
  • Research healthcare market trends, provider reimbursement developments, and emerging benefit strategies. Collaborate with consultants, actuaries, and analysts on client projects.

Qualifications

Qualifications

Required

  • Pursuing a Bachelor's or Master's degree in: Actuarial Science Mathematics Statistics Economics Finance Data Analytics Computer Science Related quantitative field
  • Strong analytical and problem-solving skills.
  • Intermediate to advanced Microsoft Excel skills.
  • Excellent attention to detail.
  • Strong written and verbal communication skills.
  • Ability to manage multiple projects and meet deadlines.

Preferred

  • Completion of at least one actuarial exam (Exam P or Exam FM).
  • Familiarity with healthcare, insurance, employee benefits, or actuarial concepts.
  • Prior internship or project experience involving quantitative analysis.

What You'll Learn

  • Throughout the internship, you will gain practical experience in:
  • Health insurance pricing and financial forecasting.
  • Self-funded and fully insured health plan funding arrangements.
  • Incurred But Not Reported (IBNR) reserve analysis.
  • Stop-loss insurance evaluation.
  • Medical and pharmacy claims analysis.
  • Healthcare trend and utilization analysis.
  • Employer-sponsored health and welfare benefit consulting.
  • Client communication and presentation development.

Primary Location

: CA-Irvine

Other Locations

: CO-Denver

Schedule

: Full-time

Hiring Manager

: Stephanie Messier

Organization

: West

Anticipated Closing Date

:Nov 7, 2026, 5:59:00 AM|Nov 7, 2026
Keywords
Microsoft ExcelMicrosoft PowerPointCode coverage

Interested in this role?