Actuarial Intern

24079

United States of America
Remote

Korn Ferry is a global consulting firm that powers performance. We unlock the potential in your people and unleash transformation across your business - synchronizing strategy, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. That’s why the world’s most forward-thinking companies across every major industry turn to us - for a shared commitment to lasting impact and the bold ambition to Be More Than.

 

Headquartered in Los Angeles, our over 9,000 colleagues globally serve clients in more than 50 countries.  We offer five core capabilities that span the full talent lifecycle:

  • Organizational Strategy
  • Assessment and Succession
  • Talent Acquisition
  • Leadership Development
  • Rewards and Benefits

OPPORTUNITY TO ENHANCE YOUR CAREER - It’s about exceeding your potential. 

Korn Ferry’s actuarial interns will participate in the actuarial review of the pricing of Medicare Advantage or Part D health insurance plans for the Centers for Medicare & Medicaid Services. The candidate will gain valuable practical experience working with high-profile healthcare issues with highly experienced and knowledgeable health actuaries. 

This is a paid full-time temporary summer internship with work performed remotely.  The internship will run from May 26 through July 24.  The candidate is expected to work 40 hours per week, Monday through Friday, and the pay is $20.00 per hour. 

KEY RESPONSIBILITIES 

  • Assist in the comprehensive review of Medicare Advantage and Part D health insurance bids. 
  • Analyze health plan pricing development and Medicare plan data sets using large, sophisticated tools and spreadsheets.  
  • Collaborate with senior actuaries to identify bid pricing errors and assist plan sponsors to resubmit corrected bids for approval by CMS. 
  • Prepare clear and concise documentation of our review of the pricing methodologies, assumptions, and findings. 
  • Communicate complex actuarial concepts in a clear and understandable manner. 

 

PROFESSIONAL EXPERIENCE/QUALIFICATIONS 

  • Demonstrated expertise in mathematics or other technical discipline. 
  • Strong data analysis capability. 
  • Experience with Microsoft Excel including a variety of Excel functions such as sum product, VLOOKUP, and pivot tables. 
  • Strong verbal and written communication skills as evidenced by appropriate course work or the verbal scores on SAT, GRE, or GMAT exams 
  • Demonstrated ability to document and explain complex factual information in precise and concise written form, using technical terms and standard English. 
  • Proficiency in Microsoft Word. 
  • Demonstrated excellence in attention to detail and highly organized. 
  • Demonstrated ability to deliver work under time pressure, while working in both a team environment and individually, maintaining flexibility and adaptability. 
  • Maintain absolute confidentiality about the materials read and handled. 

 

EDUCATION 

  • Upper-level college student, recent graduate, or career change. Candidate should have made substantial progress toward a bachelor’s degree in Mathematics, Statistics, Actuarial Science, Finance, or similar field. 
  • Passed one or more actuarial exams. 

 

Internal Mobility at Korn Ferry

If you currently work for Korn Ferry or one of our affiliates, you must be eligible to apply for a different position within Korn Ferry to use the Careers Site. If you accept such a position, your benefits programs and Human Resources policies may change. Please consult with your HR contact for the new position concerning application eligibility, including any immigration/visa needs, benefit programs, and HR policies applicable to that position.

Korn Ferry is an Equal Employment Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or veteran status or any other characteristic protected by federal, state, or local law.

If you are a resident of New York, Colorado, California, Washington, Hawaii, District of Columbia, New Jersey, Maryland, Illinois, Massachusetts, Ohio, Vancouver, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Ontario, Quebec, Saskatchewan" please click here for remote opportunities with Korn Ferry in your state/province.

Reference Job Id: 24079 

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The successful candidate will need to complete background checks as part of our recruitment process, this may include criminal, education credentials, employment history, and other background information relevant to your employment qualifications