What are the responsibilities and job description for the Actuarial Intern position at WellSense Health Plan?
It’s an exciting time to join the WellSense Health Plan, a growing regional health insurance company with a 25-year history of providing health insurance that works for our members, no matter their circumstances.
Job Summary
The Actuarial Intern will work on one or more analytic projects. The intern will work closely with Corporate Analytics leaders and analysts to support projects related to business imperatives. At the end of the internship, the intern will present on one or more projects to the Corporate Analytics leadership team.
Our Investment In You
$25.00 - $30.00
This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications/licensure as they directly relate to position requirements; as well as business/organizational needs, internal equity, and market-competitiveness. In addition, WellSense offers generous total compensation that includes, but is not limited to, benefits (medical, dental, vision, pharmacy), merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, career advancement opportunities, and resources to support employee and family wellbeing.
Note: This range is based on Boston-area data, and is subject to modification based on geographic location.
About WellSense
WellSense Health Plan is a nonprofit health insurance company serving more than 740,000 members across Massachusetts and New Hampshire through Medicare, Individual and Family, and Medicaid plans. Founded in 1997, WellSense provides high-quality health plans and services that work for our members, no matter their circumstances. WellSense is committed to the diversity and inclusion of staff and their members.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. WellSense participates in the E-Verify program to electronically verify the employment eligibility of newly hired employees
Job Summary
The Actuarial Intern will work on one or more analytic projects. The intern will work closely with Corporate Analytics leaders and analysts to support projects related to business imperatives. At the end of the internship, the intern will present on one or more projects to the Corporate Analytics leadership team.
Our Investment In You
- Full-time remote work
- Competitive salaries
- Developing risk adjustment completion factors by analyzing differences in risk adjustment scores for different claims completion durations.
- Develop and enhance member level profitability models for various business lines.
- Develop a member cohort analysis by member duration in order to understand impact of new and existing populations on profitability.
- Maintain and/or establish new financial forecasting models to address evolving business needs.
- Responsibility for supporting corporate initiatives/projects that require analysis of health plan data.
- Pursuance of college degree majoring in Actuarial Science, Finance, Health Care Administration, or related field required.
- Entering junior or senior year of undergraduate work, or entering graduate school.
- 1 or more actuarial exams passed.
- Prior internship or experience in a managed healthcare or other insurance environment.
- Working knowledge of MS tools, including MS Office products, MS Access. Should be proficient in Microsoft Excel.
- Ability to meet deadlines, multi-task, problem-solve, and use appropriate technology to analyze business problems.
- Strong communications skills, both verbal and written, are required.
- Ability to work collaboratively with team members.
- Knowledge of SAS or SQL strongly preferred.
$25.00 - $30.00
This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications/licensure as they directly relate to position requirements; as well as business/organizational needs, internal equity, and market-competitiveness. In addition, WellSense offers generous total compensation that includes, but is not limited to, benefits (medical, dental, vision, pharmacy), merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, career advancement opportunities, and resources to support employee and family wellbeing.
Note: This range is based on Boston-area data, and is subject to modification based on geographic location.
About WellSense
WellSense Health Plan is a nonprofit health insurance company serving more than 740,000 members across Massachusetts and New Hampshire through Medicare, Individual and Family, and Medicaid plans. Founded in 1997, WellSense provides high-quality health plans and services that work for our members, no matter their circumstances. WellSense is committed to the diversity and inclusion of staff and their members.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. WellSense participates in the E-Verify program to electronically verify the employment eligibility of newly hired employees
Salary : $25 - $30