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.

The Actuarial Intern will work on one or more analytic projects during the course of the summer. 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.

EXAMPLES OF PROJECTS:

• 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

QUALIFICATIONS:

EDUCATION REQUIRED:

• Pursuance of college degree majoring in Actuarial Science, Finance, Health Care Administration, or related field required

EDUCATION PREFERRED:

• Entering junior or senior year of undergraduate work, or entering graduate school
• 1 or more actuarial exams passed

EXPERIENCE PREFERRED:

• Prior internship or experience in a managed healthcare or other insurance environment

COMPETENCIES, SKILLS, AND ATTRIBUTES:

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

ABOUT WELLSENSE

WellSense Health Plan is a nonprofit health insurance company serving more than 440,000 members across Massachusetts and New Hampshire through Medicare, Individual and Family, and Medicaid plans. Founded 25 years ago, WellSense provides high-quality health plans and services that work for our members, no matter their circumstances.

*WellSense will require proof of COVID-19 vaccination(s) as a term of employment for all employees. The company may make exceptions to this requirement in certain limited circumstances for religious or medical purposes.

Required Skills Required Experience