The actuarial internship program will be on a hybrid basis (combo of work from home and in-office) from the Downtown Pittsburgh office.
To contribute towards any expenses associated with potential temporary housing, the compensation also includes a $2,000 Summer Internship Sign-on Bonus.
The UPMC Insurance Services Division is seeking Actuarial Interns for Summer 2024! The actuarial profession applies knowledge of mathematics, probability, and statistics in order to identify issues and analyze data on a wide variety of topics affecting the financial performance of UPMC's Insurance Services Division. Internship positions are available within multiple lines of business in our Health Insurance book, as well as Property & Casualty positions within our Workers Compensation team. Interns will be expected to lead a project pertinent to their line of business.
Responsibilities:
Work with actuaries at the company to analyze emerging trends and other key drivers of financial performance
Provide insights to leadership along with recommendations to complex business problems
Assist senior actuarial positions in the development of mathematical models in connection with other departments to predict the impact of proposed changes
Provide analytical support for rate development and filings
Learn about the different roles an actuary plays within a Health Insurance and Property & Casualty company
Communicate clearly and concisely in both written and verbal deliverables
Qualifications:
- Strong technical and analytical skills
- Proficient in Microsoft Suite (e.g. Excel, PowerPoint)
- Some experience with SQL, R and/or SAS preferred
- Working towards an Actuarial Science degree or other related field in STEM
- At least 1 actuarial exam passed is strongly preferred
Intern is pursuing associateship or fellowship from the Society of Actuaries (SOA) or Casualty Actuarial Society (CAS)
Licensure, Certifications, and Clearances:
- Act 34
UPMC is an Equal Opportunity Employer/Disability/Veteran
Working at
UPMC Senior Communities
UPMC Senior Communities is a reputable and leading provider of senior living and healthcare services. With a strong commitment to exceptional care, UPMC Senior Communities offers a range of options including independent living, assisted living, and memory care. As an actuary at UPMC Senior Communities, you'll be part of a dedicated team that plays a crucial role in managing risks and ensuring the financial stability of the organization. Actuaries utilize their expertise in statistical modeling, data analysis, and risk assessment to evaluate risks, develop pricing strategies, and provide insights that support evidence-based decision-making. Collaborating with cross-functional teams, actuaries at UPMC Senior Communities contribute their analytical skills to optimize financial resources, forecast trends, and develop strategies that enhance the financial health of the organization. Actuaries analyze complex data sets, assess risks, and provide recommendations that help in providing quality care to seniors while maintaining a sustainable financial model. UPMC Senior Communities values professional growth and offers ongoing training and development opportunities for actuaries. Actuaries have the chance to enhance their skills, stay up to date with industry advancements, and contribute to the success of providing exceptional care to seniors. Join UPMC Senior Communities' esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a meaningful impact on the lives of seniors, and enjoy competitive benefits in a supportive and compassionate work environment.