Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.
Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG's) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman's commitments to our people, diversity and inclusion, social impact and sustainability.
Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.
Program Overview
Our Internship Program allows students to gain valuable experience in the healthcare actuarial field, as well as in a dynamic health care environment. Through actuarial careers with Milliman, Inc., you will have the opportunity to help drive the future of health care.
Highlights
- Interns will be assigned to various mentors who will serve as resources throughout the program
- 9 weeks of paid work on various actuarial topics, Milliman tools and data, research projects, and client work
- Interns participate in real-time work, in a team setting alongside actuaries with various levels of experience
Qualifications
- Current enrollment in an accredited college or university (typically as a junior or senior, or attending graduate school)
- Participation in an actuarial science, economics, risk management, finance, math, or statistics program
- Commitment to an actuarial career (pursuing actuarial exams, attendance at actuarial conferences, etc.)
- Detail oriented, capable of carrying out a given task with all the details necessary to get the task done well
- Effective teamwork and written/verbal communication skills
Exams
- It is not required that you have passed an exam to participate as an actuarial intern; however, we would prefer applicants to have at least one passed exam.
Compensation
- The hourly range, including locations in NY state but outside of New York City, is $19 - $36, and the New York City salary range is $25 - $36. Both ranges are dependent upon a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc.
Timing
- Summer 2025 - June 9, 2025, through August 8, 2025
- Exit interview at end of engagement for potential employment
Benefits
- When an intern, temporary, or seasonal employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan with matching program and profit-sharing contribution
- Employee Assistance Program (EAP)
- Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason. Interns, Temporary, and Seasonal Employees will earn PTO each pay period, with an accrual rate of 1 hour for every 30 hours worked.
- Commuter Program, which allows you to use pre-tax dollars to pay for your parking or public transit expenses to get to and from work. You may utilize this benefit any time throughout the year and funds will be available the first of the month following your first contribution.
Equal Opportunity
All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Working at
Milliman
Milliman is among the largest actuarial and management consulting firms in the world. The firm employs over 2,800 people, including a professional staff of over 1,400 qualified actuaries and consultants in over 50 offices around the world. We provide actuarial consulting services in the property and casualty, life, health, and pension areas to clients which include insurance companies, insurance purchasers, regulators, self-insurers, and pension plan sponsors. Property and casualty services provided cover such diverse areas as evaluation of loss and expense reserves, pricing and funding requirements, risk retention, insurance management and operations, financial analysis, claims consulting, and reinsurance issues. The services we offer are as diverse as our clientele, but all are custom-tailored to meet the unique requirements of each client. For more detail on Milliman, please visit our website at www.milliman.com.