Data Science Intern - Milwaukee Property and Casualty - Summer 2024

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding, mortgage and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERGs) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact and sustainability.

Milliman’s Milwaukee-based property and casualty practice is a leading expert in evaluating mortgage collateral for government agencies, mortgage lenders, insurers, reinsurers, and investors. Our consulting work is supported by a powerful toolkit of data analytics solutions informed by years of in-depth work in the mortgage industry.

What You Will Do

MPIR-e is a cloud-based software that models risk data used by mortgage reinsurers. Our Data Scientists rely on a suite of modeling tools that ranges from econometrics to machine learning. Data Science Interns support the design and development of high-quality modeling solutions through data processing, analytics, building PowerBI dashboards and reports, testing, documentation and other projects. This is a great opportunity for a naturally curious, thoughtful student to apply quantitative techniques in real-world business problem-solving.

Responsibilities include:

• Gather, clean, and validate mortgage data
• Document business requirements and conduct testing
• Perform exploratory analysis of data using visualizations and summary statistics
• Prepare reports of findings for review by Data Scientists and consultants
• Research and develop predictive models to solve mortgage analytics problems

What We Are Looking For

Professional Qualifications (required)

• Current college student pursuing a degree in Statistics, Math, Computer Science, Economics, or another quantitative field
• Completion of one data science college course
• Experience programming in SAS, SQL, R, and/or Python
• Knowledge of regression models

Personal Qualifications

• Strong analytical ability and critical thinking skills
• Effective oral and written communication
• Team player with positive and energetic attitude
• Proactively seeks out possible solutions to a problem
• Exceptional attention to detail
• Understanding of relational database concepts
• Working understanding of statistics

Preferred Qualifications

• Experience with data visualization (e.g., PowerBI, Tableau)
• Predictive modeling experience

Milliman Benefits

At Milliman, we focus on creating an environment that recognizes – and meets – the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:

• When an intern, temporary, or seasonal employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan with matching program and profit sharing contribution
• Employee Assistance Program (EAP)
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason. Interns, Temporary, and Seasonal Employees will earn PTO each pay period, with an accrual rate of 1 hour for every 30 hours worked.

Location

The expected application deadline for this job is June 1, 2024. This position is based out of the Milliman office in Brookfield, WI. Candidates hired into this role must be willing to work onsite at least one day per week during their internship.

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.