Berk Atillasoy
Risk Management Summer 2018
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Role
Underwriting Intern
Location
Hartford, CT
When did you work there?
Summer 2018
Please list your major(s) and minor(s).
Major: RMI EB Concentration Minor: History
Provide a general description of the work at your internship.
Day to day tasks included supporting senior underwriters in: plan design changes/loss runs/high claim reports/census clean-ups/comparing Aetna plan value to competitors in a given geographical region with softwares.
Comfort with excel and Microsoft suite (ppt/outlook) help but are not required as excel classes are offered to interns.
Did you have a mentor?
Yes
If so, how did he/she help you during your internship?
Resource for career advice, tips on adapting to corporate environment, organization, and networking. Manager was hands-off but involved in my growth and goal-setting. Structured program that allows you to create goals and establish strategy to meet them.
Did you feel your RMI/AS classes better prepared you for the internship?
Absolutely
Interviewing/Hiring Process Comments:
Behavioral and technical questions related to risk management principles like adverse selection, incentives that contribute to over utilization of goods and services, basic understanding of HMO/PPO/EPO/CDHP...
Were you assigned any special projects?
Majority of the work was task related, or supporting a team, so not many "projects" per se. However, there was a competitive and well-designed capstone competition among interns. That experience helped prepare me for my senior capstone course.
What were the supplemental benefits besides the pay? 2x Full- Day Volunteering Events (paid)Housing/Parking Expenses paid (~$4,000 value)Happy Hours, other fringe benefits
Describe the company's internship program.
Competitive environment, diverse group of interns, supportive culture, inclusive, flexible, demanding, growth-promoting, and possibility of full-time offer with exceptional performance (competitive salary/benefits)
Was the internship what you expected after the interviewing/hiring process?
Much more
Were you provided time off besides the weekend?
4th of July was off. Sentiment regarding vacations for interns varied by manager.
Underwriting Intern
Location
Hartford, CT
When did you work there?
Summer 2018
Please list your major(s) and minor(s).
Major: RMI EB Concentration Minor: History
Provide a general description of the work at your internship.
Day to day tasks included supporting senior underwriters in: plan design changes/loss runs/high claim reports/census clean-ups/comparing Aetna plan value to competitors in a given geographical region with softwares.
Comfort with excel and Microsoft suite (ppt/outlook) help but are not required as excel classes are offered to interns.
Did you have a mentor?
Yes
If so, how did he/she help you during your internship?
Resource for career advice, tips on adapting to corporate environment, organization, and networking. Manager was hands-off but involved in my growth and goal-setting. Structured program that allows you to create goals and establish strategy to meet them.
Did you feel your RMI/AS classes better prepared you for the internship?
Absolutely
Interviewing/Hiring Process Comments:
Behavioral and technical questions related to risk management principles like adverse selection, incentives that contribute to over utilization of goods and services, basic understanding of HMO/PPO/EPO/CDHP...
Were you assigned any special projects?
Majority of the work was task related, or supporting a team, so not many "projects" per se. However, there was a competitive and well-designed capstone competition among interns. That experience helped prepare me for my senior capstone course.
What were the supplemental benefits besides the pay? 2x Full- Day Volunteering Events (paid)Housing/Parking Expenses paid (~$4,000 value)Happy Hours, other fringe benefits
Describe the company's internship program.
Competitive environment, diverse group of interns, supportive culture, inclusive, flexible, demanding, growth-promoting, and possibility of full-time offer with exceptional performance (competitive salary/benefits)
Was the internship what you expected after the interviewing/hiring process?
Much more
Were you provided time off besides the weekend?
4th of July was off. Sentiment regarding vacations for interns varied by manager.
Jovan Suvira
Actuarial Science Summer 2018
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Role
Actuarial Intern
Location
Walnut Creek, CA
When did you work there?
Summer 2018
Please list your major(s) and minor(s).
Actuarial Science and Computer Science
Provide a general description of the work at your internship.
I had one main project where I worked on a population migration model to model how members would shift going from one plan to another.
Did you have a mentor?
Yes
If so, how did he/she help you during your internship?
She would answer any general insurance questions I had.
Did you feel your RMI/AS classes better prepared you for the internship?
Kind of. All the insurance terms were new to me. I also felt as though all my math was useless in the real world.
Were you assigned any special projects?
My main project was looking at pricing of EPO products compared to PPO products and seeing where EPOs should be priced relative to PPOs. I did this by using PPO data and making assumptions based on Out of Network claims to see how a PPO member would react with an EPO product.
What were the supplemental benefits besides the pay?
Free housing. Uber account for getting to and from work. Happy Hours. Intern Lunches. Executive Speaker Series.
Describe the company's internship program.
It was a good atmosphere. Everyone was nice and willing to help. Though, it was a little unorganized because Aetna did some restructuring before the interns came on, so I ended up not having a team to work in. Housing was done well and it was nice to have housing looked after in California. They even let us leave early from work when the wildfires started up.
Was the internship what you expected after the interviewing/hiring process?
The internship was nothing like what I expected. It was much more laid back and the project I did was much more involved. I also thought I'd have more guidance
Were you provided time off besides the weekend?
I was provided time off if I needed to study for an exam, and I was also given time off for wildfires.
Actuarial Intern
Location
Walnut Creek, CA
When did you work there?
Summer 2018
Please list your major(s) and minor(s).
Actuarial Science and Computer Science
Provide a general description of the work at your internship.
I had one main project where I worked on a population migration model to model how members would shift going from one plan to another.
Did you have a mentor?
Yes
If so, how did he/she help you during your internship?
She would answer any general insurance questions I had.
Did you feel your RMI/AS classes better prepared you for the internship?
Kind of. All the insurance terms were new to me. I also felt as though all my math was useless in the real world.
Were you assigned any special projects?
My main project was looking at pricing of EPO products compared to PPO products and seeing where EPOs should be priced relative to PPOs. I did this by using PPO data and making assumptions based on Out of Network claims to see how a PPO member would react with an EPO product.
What were the supplemental benefits besides the pay?
Free housing. Uber account for getting to and from work. Happy Hours. Intern Lunches. Executive Speaker Series.
Describe the company's internship program.
It was a good atmosphere. Everyone was nice and willing to help. Though, it was a little unorganized because Aetna did some restructuring before the interns came on, so I ended up not having a team to work in. Housing was done well and it was nice to have housing looked after in California. They even let us leave early from work when the wildfires started up.
Was the internship what you expected after the interviewing/hiring process?
The internship was nothing like what I expected. It was much more laid back and the project I did was much more involved. I also thought I'd have more guidance
Were you provided time off besides the weekend?
I was provided time off if I needed to study for an exam, and I was also given time off for wildfires.