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Actuarial Analyst Intern

Minnetonka, MN | Intern
4 Days Ago

Job Description

Internships at UnitedHealth Group. If you want an intern experience that will dramatically shape your career, consider a company that’s dramatically shaping our entire health care system. UnitedHealth Group internship opportunities will provide a hands-on view of a rapidly evolving, incredibly challenging marketplace of ideas, products and services. You’ll work side by side with some of the smartest people in the business on assignments that matter. So here we are. You have a lot to learn. We have a lot to do.  It’s the perfect storm. And even better? Join us and you may end up staying for a career in which you can do your life’s best work.SM


Actuaries are the decision-making engine for our business. That is why we support you from day one by offering guidance and assistance with exams. Our businesses serve the entire spectrum of health care participants: individual consumers and employers, commercial payers and intermediaries, physicians, hospitals, pharmaceutical and medical device manufacturers, and more, providing you with a career that is challenging, exciting, and integral in helping to write the history of healthcare.  


**Housing assistance may be available dependent on your distance from the office**


**This full-time internship position will be available starting in June 2023**


**UnitedHealth Group is not able to offer visa sponsorship now or in the future for this position**


The Actuarial Summer Internship Program offers:

  • Focused career development opportunities
  • Networking with senior leadership
  • Formal mentorship program
  • Actuarial exam support program
  • Sponsored social and volunteer activities
  • Meaningful, relevant, and current project work critical to managing our business
  • Potential areas of focus may include but are not limited to:
    • Healthcare Economics
    • Pricing
    • Reserving
    • Forecasting
    • Data Analytics
    • Consulting   


Primary Responsibilities:

  • Providing moderately complex analytical support to actuaries in the development and implementation of recommendations
  • Conducting and documenting moderately complex analysis and research
  • Preparing, forecasting, and analyzing trends
  • Initiating, compiling, and preparing analytical models, tools and databases
  • Assisting in developing innovative strategies, policies, and procedures
  • Providing detailed summaries, reports, and recommendations to assist in managerial decision making


You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles of interest.

Required Qualifications: 

  • Must be actively enrolled in an accredited college / university during the duration of the internship—internships are not intended for graduating seniors
  • Must be eligible to work in the U.S. without company sponsorship, now or in the future, for employment-based work authorization (F-1 students with practical training and candidates requiring H-1Bs, TNs, etc. will not be considered)
  • Full COVID-19 vaccination is an essential requirement of this role. UnitedHealth Group will adhere to all federal, state and local regulations as well as all client requirements and will obtain necessary proof of vaccination prior to employment to ensure compliance

Preferred Qualifications:

  • Currently pursuing a bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Data Science, Computer Science or another related technical field from an accredited college / university
  • Minimum 3.00 cumulative GPA
  • 1 or more actuarial exams passed

To protect the health and safety of our workforce, patients and communities we serve, UnitedHealth Group and its affiliate companies require all employees to disclose COVID-19 vaccination status prior to beginning employment. In addition, some roles and locations require full COVID-19 vaccination, including boosters, as an essential job function. UnitedHealth Group adheres to all federal, state and local COVID-19 vaccination regulations as well as all client COVID-19 vaccination requirements and will obtain the necessary information from candidates prior to employment to ensure compliance. Candidates must be able to perform all essential job functions with or without reasonable accommodation. Failure to meet the vaccination requirement may result in rescission of an employment offer or termination of employment. 

Careers at UnitedHealth Group. We have modest goals: Improve the lives of others. Change the landscape of health care forever. Leave the world a better place than we found it. Such aspirations tend to attract a certain type of person. Crazy talented. Compassionate. Driven. To these select few, we offer the global reach, resources and can-do culture of a Fortune 5 company. We provide an environment where you're empowered to be your best. We encourage you to take risks. And we offer a world of rewards and benefits for performance. We believe the most important is the opportunity to do your life's best work.(sm)

Connecticut Residents Only: The hourly range for Connecticut residents is $16.00 to $19.18. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.


Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.

Skills for Actuarial Analyst Intern

The job skills required for Actuarial Analyst Intern include Actuarial, Pricing, Mathematics, Futures, Actuarial Science,and Economics etc. Having related job skills and expertise will give you an advantage when applying to be an Actuarial Analyst Intern. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Actuarial Analyst Intern. Select any job title you are interested in and start to search job requirements.

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Career Path for Actuarial Analyst Intern

The following is the career advancement route for Actuarial Analyst Intern positions, which can be used as a reference in future career path planning. As an Actuarial Analyst Intern, it can be promoted into senior positions as an Actuary IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Actuarial Analyst Intern. You can explore the career advancement for an Actuarial Analyst Intern below and select your interested title to get hiring information.

How to Become an Actuarial Analyst

If you are interested in becoming an Actuarial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Actuarial Analyst for your reference.

Step 1 Understand the job description and responsibilities of an Actuarial Analyst

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