Health Consulting Actuarial Intern - West Market, College Program

Company:

Marsh

Description:

We are seeking a talented individual to join Marsh People and Investments Health & Benefits Actuarial and Financial Group (AFG). This role will be based in San Francisco, Los Angeles, Irvine, or Denver. This is a hybrid role that has a requirement of working at least three days a week in the office. Through Marsh People and Investments Health & Benefits, you will help employers navigate the increasingly complex world of employee benefits, people risk, and employee benefit cost management. Predicting, monitoring, and managing rising costs for employers is a key role of Health & Benefits Actuarial and Financial Group (AFG). Health & Benefits consultants deliver disciplined, consistent approaches to benchmarking, data analytics, financial management, marketing, compliance, and communication. Our client focus, integrity, expertise, and innovation are why clients choose us. We are committed to setting the industry standard for ethical and transparent business practices. To learn more about Marsh People and Investments, please visit Marsh | People and Investments. We will count on you to:

• Perform responsibilities comparable to full-time analysts with support from experienced colleagues
• Complete comprehensive analysis of health care data using spreadsheet and database management software
• Assist in the development of client communications, proposals, reports, spreadsheets, and presentations
• Perform basic cost projections using client cost and enrollment data with valuation models
• Price medical and prescription drug plan designs using proprietary tools
• Assist in the development of customized pricing through alternate scenario modeling of plan designs, programs, and/or employee contributions to meet employers’ financial targets
• Develop basic underwriting and actuarial skills as you build an awareness of health care plan design, cost factors, and numerous industry products, services, and tools
• Work in a fast-paced, challenging, and dynamic consulting environment with colleagues across all organizational levels

What you need to have:

• Progress toward a bachelor’s degree in actuarial science, math, statistics, economics, engineering, or other related fields
• Status as a currently enrolled student; candidates should have an expected graduation date in the Fall of 2027 or Spring of 2028
• Record of top academic achievement, with a minimum preferred GPA of 3.0/4.0
• A commitment to achieving a Society of Actuaries (SOA) designation
• Legal work authorization in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future

What makes you stand out?

• Strong analytical skills, both quantitative and qualitative
• Working knowledge of Microsoft Office, including Word, Excel, and PowerPoint
• Advanced programming skills are a plus, including R, Python, SAS, and SQL
• Knowledge of data analysis, project management, and presentation design
• Excellent interpersonal, verbal, and written communication skills
• Intellectual curiosity and a desire to develop new skills
• Superior organizational skills and strong attention to detail

Why join our team: We help you be your best through professional development opportunities, interesting work, and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being. What’s next?Application Instructions: Candidates must apply via the careers website to be considered. Please do not apply on Handshake and instead follow the link to the Marsh McLennan careers website. When creating your application, please use your permanent home address and your personal email address rather than your school email address. First Round Interviews: Applications are reviewed on a rolling basis. If selected, first-round interviews consist of an on-demand digital video interview through the Phenom platform. Further timing and instructions will be provided at that time.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected] is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.