Actuarial Services Intern-Undergraduate

Lay the groundwork for a dynamic future with an industry leader. At Kaiser Permanente, you'll forge lasting relationships with colleagues across the organization while enjoying the opportunity to grow your experience and hone your expertise on assignments that have real impact. Our interns have worked on everything from analyzing financial software and developing new marketing strategies, to designing mobile apps and helping clinicians improve care delivery. We want you to get the most out of your time hereand will give you projects that challenge you to think freely, question thoroughly, and explore deeply.

Department Description:

Provide actuarial services to develop best-practice actuarial models and promote implementation program-wide. Accountable for the development of the organization's rate structure, maintenance of adequate reserves, and development of new products. Provide data/analytic expertise to support actuarial services including financial reporting, fee schedule development, trend analysis, utilization studies, rate development and claims liability estimates.

Essential Functions:

* Contributing to a designated project or initiative to meet a KP business objective.

* Report development and analytics.

* Project management - planning, execution, and measurement.

* Learning new applications needed to complete assignments or support the execution of business objectives.

* Job shadowing in other functional areas.

* Performing additional duties as required.

Additional Functions:

* Underwriting support for Multi Year Rate Guarantee; Data validation for large purchasers: Review encounter data; Develop knowledge of standard utilization measures and ability to identify data anomalies.

* Help with monthly model version release tasks such as BAF pricing, uploading factor tables, and peer reviewing inputs.

Basic Qualifications:

Experience

* N/A

Education

* Pursuing a bachelor's degree or have graduated from an accredited university within the last year.

* High School Diploma or General Education Development (GED) required.

License, Certification, Registration

* N/A

Additional Requirements:

* Aptitude to perform data and process analytics and formulating solutions

* Working knowledge of MS Word, Excel, PowerPoint.

Preferred Qualifications:

* 3.0 GPA or above.

* Advanced analytical and problem-solving skills.

* Proven ability to build effective working relationships as well as strong interpersonal skills.

* Excellent verbal and written communication skills

* Ability to learn quickly and experience producing high quality work in short periods of time.

* Pass at least one actuarial exam;

* Curiosity and willingness to ask lots of questions;

* Open-minded to constructive criticism;

* Enjoys problem-solving;