Intern
Human Resources
Lockton2 weeks ago
Internship
Job description
Intern - (2601V8)
Minimum Salary
: 25.000000Maximum Salary
: 25.000000Description
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-IrvineOther Locations
: CO-DenverSchedule
: Full-timeHiring Manager
: Stephanie MessierOrganization
: WestAnticipated Closing Date
:Nov 7, 2026, 5:59:00 AM|Nov 7, 2026Keywords
Microsoft ExcelMicrosoft PowerPointCode coverage
Interested in this role?