Health and Benefits Actuarial Summer Intern- Northeast market – College Program 2027
Marsh McLennan · CT, US
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About the Role
Marsh's Health practice helps employers navigate the complex world of employee benefits, people risk, and employee benefit cost management. The Actuarial and Financial Group (AFG) predicts, monitors, and manages rising costs for employers. This role offers the opportunity to learn in a supportive culture through real-world experience and valuable mentorship.
Responsibilities
- Perform responsibilities comparable to full-time analysts with 1:1 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 Marsh’s valuation model.
- Price medical & prescription drug plan designs using proprietary Marsh tools.
- Assist in the development of customized pricing through alternate scenario modeling of plan designs, programs and/or employee contributions to meet employers financial target.
- 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 (including Marsh Health products).
- Work in a fast-paced, challenging and dynamic consulting environment with colleagues across all organizational levels.
Requirements
- Progress towards 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 (minimum preferred GPA: 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.
Skills
- Strong analytical skills, both quantitative and qualitative.
- Working knowledge of Microsoft Office—Word, Excel, and PowerPoint.
- Advanced programming skills are a plus (e.g. R, Python, SAS and SQL).
- Knowledge of data analysis, project management, and presentation design.
- Excellent interpersonal, verbal, and written communication skills.
- Intellectual curiosity; seeking opportunities to develop new skills.
- Superior organizational skills and strong attention to detail.
Location
- New York
- Connecticut
- Philadelphia
Work Type
- Hybrid
- Internship
Experience Level
- Intern
Education Level
- Bachelor's degree in progress
Benefits
- Professional development opportunities
- Interesting work
- Supportive leaders
- Vibrant and inclusive culture
- Range of career opportunities
- Benefits and rewards to enhance well-being
About the Company
- Marsh 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.
- Marsh is committed to setting the industry standard for ethical and transparent business practices.
Equal Opportunity
- 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 reasonableaccommodations@marsh.com.