Finance Summer Intern at ParetoHealth

Philadelphia, Pennsylvania, United States

ParetoHealth Logo
Not SpecifiedCompensation
InternshipExperience Level
InternshipJob Type
NoVisa
Healthcare, Finance, Employee BenefitsIndustries

Requirements

  • Currently pursuing a degree in Finance, Accounting, Business Administration, Economics, or a related field
  • Must be a Junior or Senior attending an accredited College or University
  • Ability to work in our Philadelphia, PA office beginning in June through August
  • Authorized to work in the United States without sponsorship both now and in the future
  • Analytical Skills: Ability to interpret data, identify trends, and deliver actionable insights
  • Excel Proficiency: Advanced Excel skills, including functions like pivot tables, v-lookups, and financial modeling
  • Attention to Detail: Strong organizational skills with a focus on accuracy and thoroughness
  • Communication Skills: Ability to clearly articulate findings and collaborate effectively with team members

Responsibilities

  • Assist in preparing and analyzing financial reports, budgets, and forecasts
  • Support monthly and quarterly financial closing processes, ensuring accuracy and compliance
  • Perform data analysis to identify trends and provide actionable insights for decision-making
  • Collaborate with cross-functional teams to support cost management and efficiency initiatives
  • Conduct research and contribute to financial modeling projects to support strategic planning
  • Assist in maintaining financial systems and tools, ensuring accurate data input and reporting

Skills

financial analysis
financial reporting
Excel
data analysis
financial operations

ParetoHealth

Self-insured employee health benefits solutions

About ParetoHealth

ParetoHealth offers employee health benefits solutions for small and medium-sized businesses through a self-insured model, allowing companies to set aside funds for health claims instead of paying insurance premiums. Their main product is the "benefits captive" program, where multiple companies share the risk of health claims, helping to manage costs and provide comprehensive benefits. Unlike competitors, ParetoHealth uses data-driven intelligence to monitor and control claims costs, ensuring employees receive quality care at competitive prices. The company's goal is to deliver a complete solution for health benefits while fostering diversity, equity, and inclusion in the workplace.

Philadelphia, PennsylvaniaHeadquarters
2011Year Founded
$522.1KTotal Funding
GROWTH_EQUITY_VCCompany Stage
Data & Analytics, Consulting, HealthcareIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
401(k) Company Match
401(k) Retirement Plan

Risks

Increased competition from new entrants may erode ParetoHealth's market share.
Economic downturns could reduce SME spending on employee benefits, impacting revenue.
Regulatory changes could increase compliance costs for self-insured health plans.

Differentiation

ParetoHealth offers a unique self-insured model for SMEs to control health costs.
Their benefits captive program pools resources to mitigate large health claim risks.
Data-driven intelligence is used to manage and control employee health claims costs.

Upsides

Warburg Pincus's investment indicates strong market confidence in ParetoHealth's growth potential.
Reaching 2,000 employers in their captive program shows successful market penetration.
New leadership roles focus on enhancing customer experience and expanding market reach.

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