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Internship Actuarial Development Program Jobs (NOW HIRING)

Arkansas Blue Cross

Actuarial Analyst

... Development Program. • Prepares and distributes established reports for decision-makers throught ... filings, actuarial models, and other requests as assigned. • Updates rating model factors ...

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How much do internship actuarial development program jobs pay per hour?

As of May 31, 2026, the average hourly pay for internship actuarial development program in the United States is $24.28, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $25.48 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Internship Actuarial Development Program participant, and why are they important?

To excel in an Internship Actuarial Development Program, strong analytical abilities, proficiency in mathematics and statistics, and progress toward actuarial exams (such as SOA or CAS) are generally required. Familiarity with actuarial software (like Excel, VBA, SAS, or R) and statistical modeling tools is highly valued. Standout candidates demonstrate problem-solving skills, attention to detail, and effective communication for translating complex data to non-technical stakeholders. These competencies enable interns to contribute meaningful analysis, adapt to challenging tasks, and build a solid foundation for a future actuarial career.

What types of projects or tasks can interns expect to work on during the Actuarial Development Program?

Interns in the Actuarial Development Program typically support experienced actuaries by assisting with data analysis, building and updating actuarial models, and preparing reports for risk assessment and pricing. They may also participate in projects related to insurance product development, financial forecasting, or regulatory compliance. Collaboration with cross-functional teams such as underwriting, finance, and IT is common, offering exposure to different aspects of the business and valuable networking opportunities. These experiences help interns develop both technical and professional skills relevant to a future actuarial career.

What is an Internship Actuarial Development Program?

An Internship Actuarial Development Program is a structured internship designed to give students hands-on experience in the actuarial field, often within insurance or financial services companies. Interns work on real-world projects, such as analyzing data and assessing risk, while learning from experienced actuaries. These programs help participants develop technical and professional skills, and often serve as a pipeline for full-time actuarial positions after graduation. Participants may also receive support in preparing for actuarial exams during the internship.
What cities are hiring for Internship Actuarial Development Program jobs? Cities with the most Internship Actuarial Development Program job openings:
What are the most commonly searched types of Actuarial Development Program jobs? The most popular types of Actuarial Development Program jobs are:
What states have the most Internship Actuarial Development Program jobs? States with the most job openings for Internship Actuarial Development Program jobs include:
Internship Actuarial Development Program jobs near you
Actuarial Analyst

Actuarial Analyst

Blue Cross and Blue Shield of North Carolina

Little Rock, AR

$81.07K - $129.71K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 24 days ago

Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

163rd of 259 rated insurance

Job description

Job Description

Join our team as an Actuarial Analyst, where you will use your expertise in mathematics, probability, statistics, and business principles to support a variety of actuarial functions, including rating and pricing, valuation, healthcare economics, and financial forecasting. Working closely with a team of actuaries, you will contribute to the actuarial aspects of health programs, ensuring a collaborative and comprehensive approach. You will also provide technical support and guidance to key departments such as Network Management, Underwriting, Sales and Marketing, and Finance, helping to drive informed decisions and organizational success.

What You'll Do

  • Performs actuarial research, experience studies, and statistical analyses and calculations.

  • Calculates premiums and reserves of new and existing plans of insurance.

  • Provides support to senior analysts or actuaries as required.

  • Retrieves and validates data for rate filings and actuarial models. Builds model enhancements and determines reasons for changes to calculated factors. Analyzes impacts of changes to product lines and segments.

  • Communicates filing status to internal stakeholders and transmits rate filings to regulatory agencies (NCDOI, CMS).

  • Retrieves and validates data for monthly reports and for UCL and ALR calculation.

  • Supports valuation by executing ALR model and verifying results. Researches to support ALR assumption studies and UCL estimates.

  • Distributes established reports and responds to inquiries. Investigates trends and anomalies.

  • Executes control activities to support Enterprise Risk Management.

  • Provides analytic support for corporate and departmental projects.

  • Is a participant in good standing in the Actuarial Development Program

What You Bring

  • Bachelor's degree or advanced degree (where required)

  • 2+ years of relevant actuarial experience. Related experience may be considered.

  • Must have completed at least 3 exams towards the eventual attainment of the ASA designation.

  • In lieu of meeting minimum exam requirements, may consider additional relevant experience.

  • In lieu of meeting minimum experience requirements, may consider ASA or more exams towards the eventual attainment of the ASA.

Bonus Points

  • Experience in Medicare Part D pricing preferred

  • Some experience and technical skills with drug trend modeling and lossofexclusivity (patent loss) forecasting

  • Analytics skills, especially around Prescription drugs modeling

What You'll Get

  • The opportunity to work at thecutting edgeof health care delivery with a teamthat'sdeeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to dogreat work

  • Medical, dental, and vision coverage along withnumeroushealth and wellness programs.

  • Parental leave and support plus adoption and surrogacyassistance

  • Career development programs and tuition reimbursement for continued education

  • 401k match including an annual company contribution

  • Learn more

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$81,068.00 - $129,708.00

Skills

Actuarial Analysis, Actuarial Science, Analytical Support, Data Analysis, Data Verification, Experience Studies, Report Processing, Reports Analysis, Research Analysis, Researching

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JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.

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