Summary
EmblemHealth is a not-for-profit health insurer serving communities across New York with commercial and government-sponsored health plans. The Healthcare Economics Intern will support actuarial analyses, healthcare economics research, pricing and rate filing, and the development and analysis of statistical and projection models. The role also involves communicating complex findings, identifying risks and trends, and collaborating with business leaders.
Responsibilities
- Support and perform actuarial analyses for various lines of business: medical expense analyses and projections, health insurance market intelligence research and analyses, product pricing and state rate filing support, data, and actuarial modeling, etc
- Present statistical information to support actuarial, underwriting, and other business areas regarding the pricing of plans, product development and marketing planning
- Administer finalized policies; monitor results and provide feedback as needed
- Collect and compile statistical data for additional analysis
- Estimate the probability and cost of sickness, treatment, and medical services
- Design, test, and administer policies to minimize risk and maximize the profitability of insurance policies; develop and produce charts and other exhibits to explain proposals and calculations
- Identify trends and patterns in a variety of complex data sets
- Program and develop pricing and statistical models, spreadsheets, and databases using analytical software
- Explain complex ideas and technical data to different audiences
- Identify a company's risks and develop plans and recommendations to manage its risks, present findings to Actuarial management
- Develop, maintain, and analyze projection models
- Reconcile and analyze actuarial inputs and outputs
- Collaborate with key leaders to identify and meet information needs
- Establish actuarial, underwriting, or healthcare economics procedures and document them for internal use
- Perform additional duties as directed
Skills
- Pursuing a bachelor's degree in mathematics, statistics, economics, healthcare or related degree (Required)
- 0 – 1+ years of relevant, professional work experience and/or education (Required)
- Strong mathematical and analytical skills (Required)
- Excellent written and verbal communication skills to deliver complex information to a diverse audience (Required)
- Proficiency with MS Office (Word, Excel, PowerPoint, Outlook (Required)
- Current 3rd year undergraduate (Preferred)
- Experience working with healthcare data including but not limited to claims, testing results and pharmacy data (Preferred)
- Experience using data visualization tools such as Tableau and Power BI (Preferred)
- Exposure to SQL, SAS, Python or similar (Preferred)
Qualifications
Must Haves
- Pursuing a bachelor's degree in mathematics, statistics, economics, healthcare or related degree (Required)
- 0 – 1+ years of relevant, professional work experience and/or education (Required)
- Strong mathematical and analytical skills (Required)
- Excellent written and verbal communication skills to deliver complex information to a diverse audience (Required)
- Proficiency with MS Office (Word, Excel, PowerPoint, Outlook (Required)
Nice to Haves
- Current 3rd year undergraduate (Preferred)
- Experience working with healthcare data including but not limited to claims, testing results and pharmacy data (Preferred)
- Experience using data visualization tools such as Tableau and Power BI (Preferred)
- Exposure to SQL, SAS, Python or similar (Preferred)
Benefits
- Remote work arrangement
- 10-week paid program