Actuarial Intern

Posted:
7/23/2024, 5:00:00 PM

Experience Level(s):
Internship

Field(s):
Finance & Banking

FIND YOUR 'BETTER' AT Blue Cross

We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.

We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.

If you believe in better, we’d love to hear from you.

About the Role

Responsible for supporting the day-to-day activities of a particular area of the business on either full-time or part-time basis, with the aim of learning practical knowledge of the business area, the company and the industry

Roles and Responsibilities:

  • Assist preparation of monthly valuations, calculations, data extraction, and validation checks
  • Assist financial strategy testing through scenario analysis and capital modeling 
  • Assist Preparation financial reports, projections, and management reporting
  • Extract data and perform checks to compile monthly/quarterly financial statements
  • Verify and document valuation methodologies and assumptions in financial models 
  • Conduct quantitative analysis and interpret results to provide business insights
  • Identify operational improvements for enhanced efficiency in financial reporting
  • Assist pricing development for new insurance products and features
  • Assist review of pricing assumptions and methodologies to ensure alignment with profitability goals
  • Assist the performance of data-driven analyses of existing products to advise enhancement opportunities
  • Assist creating financial models projecting profitability using Excel and other tools
  • Validate accuracy of pricing models through quality control checks
  • Support reinsurance evaluations by analyzing treaty costs and structures
  • Summarize findings through written reports, pricing documentation, and management presentations

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.