Actuarial Executive Development Program Intern
A summer internship with Cigna's Actuarial Executive Development Program (AEDP) gives students an 11-week experience focused on learning about a career as a Cigna actuary. In fact, the internship is Cigna's main pathway for hiring full time talent. During the internship, interns are asked to apply their analytical and technical skills, as well as their business acumen, to complete a project that is of significant impact to Cigna's business. You will have the opportunity to take ownership of this singular project with the guidance of your direct manager while also taking part in variety of professional development opportunities.
Past intern projects have included:
· Completing an “actual-to-expected” analysis of brand and generic medications in order to better project the rate at which utilization of new-to-market medications increases.
· Completing a “relative days” analysis to understand variations in incurred claims by day of the week to more accurately set medical claim reserves.
· Building a dashboard to quickly identify drivers of pharmacy claim cost trends for Cigna's Medicare business.
· Creating a tool that allows for more efficient and accurate testing of new pricing engines.
A group of current full-time AEDP members, called the “Intern Committee”, are dedicated to making your summer the best experience possible. They plan a variety of professional opportunities such as an actuarial speaker series, numerous professional trainings, and both individual and group case studies. They act as mentors and organize numerous social and networking events to help you engage with other interns, as well as, the wider actuarial community that makes Cigna and the AEDP a great place to work.
AEDP Advantage for Summer Interns:
Executive and Actuarial Speaker Series: Learn from Cigna Executives and Actuarial experts and discover how they transformed from interns to business leaders
Challenges: Case Studies, technical development workshops, and trainings to sharpen your skills
Compensation & Housing: Competitive hourly rate and paid shared housing with fellow interns close to one of our offices
Our People: Inclusive community of associates and program alumni focused on mentorship, professional development, and connecting as a community
Locations: Hartford, CT; Philadelphia, PA; Denver, CO; Nashville, TN; Austin, TX
What you need to do the job:
· Progressing towards a degree in a related field (3.2 minimum GPA)
· Outstanding technical, analytical and interpersonal skills
· Excellent verbal and written communication skills
· Possession of a strong desire and demonstrated ability to lead
· Drive to develop business and actuarial skills through ongoing training and varied rotations.
· Ability to work a 40 hour work week for 11 weeks summer 2021 (late-May until early-August)