Actuarial Summer Intern

Medical Mutual; Brooklyn (OH); Hybrid; USD 25,000 - 30,000; Full time

Benefits offered by this job

Formal internship orientation

Dedicated mentor program

Mid- and final-performance evaluations

Professional development opportunities

Networking events with leaders

Community engagement in Cleveland area

Job summary

Medical Mutual is offering a hybrid summer Actuarial Internship in Brooklyn, OH. You will work onsite three days per week, collaborate with experienced actuaries, and gain hands-on experience in analytics, data extraction, and BI reporting.

You'll use Excel, SQL, and Power BI on real projects, learn healthcare concepts, and build professional credentials for actuarial careers within a health insurance company.

Qualifications

• Currently enrolled in an accredited college or university as a junior, senior, or graduate student.
• Minimum GPA of 2.8 (3.0 GPA preferred).
• Demonstrated leadership through academic, extracurricular, volunteer, or work experiences.
• Ability to work full-time (40 hours per week) for at least 12 consecutive weeks. Three (3) days onsite in the Brooklyn, OH headquarters.

Responsibilities

• As an Actuarial Intern, you will work on projects that provide real business value while building your analytical and technical capabilities.
• Conduct deep-dive analyses to identify and explain healthcare cost and utilization trends.
• Research and evaluate factors contributing to trend variability and emerging patterns.
• Analyze medical and membership data to identify drivers of financial performance.
• Present findings and recommendations to actuarial and business leaders.
• Update recurring monthly reports and dashboards.
• Participate in team meetings and collaborative projects.
• Learn healthcare terminology, actuarial concepts, and industry practices.

Skills

AI interest

Data analytics

Visualization tools

Education

Enrolled as college junior/senior/grad student

GPA 2.8 or higher

Majors: Actuarial Mathematics, Mathematics, Economics, Statistics

Tools

Excel

Power BI

SQL

Job description

This is a hybrid, summer internship with students expected to work onsite 3 days inoffice days each week in the Brooklyn, OH office.

Launch Your Actuarial Career with Medical Mutual

Medical Mutual's College Internship Program is designed for high-performing students interested in building a career in actuarial science, analytics, and healthcare data. As an Actuarial Intern, you'll gain hands-on experience working alongside experienced actuaries and analysts while contributing to meaningful projects that support business decisions impacting healthcare coverage across Ohio.

This internship provides exposure to trend analysis, medical claims data, predictive analytics, and business intelligence tools while helping participants develop the technical and professional skills needed for future actuarial careers.

Students who successfully complete the internship may be considered for future opportunities as an Actuarial Analyst I upon graduation, based on business needs, performance, and available openings.

What You'll Do

As an Actuarial Intern, you will work on projects that provide real business value while building your analytical and technical capabilities.

Project Work

• Conduct deep-dive analyses to identify and explain healthcare cost and utilization trends.
• Research and evaluate factors contributing to trend variability and emerging patterns.
• Analyze medical and membership data to identify drivers of financial performance.
• Present findings and recommendations to actuarial and business leaders.

Key Assignments

• Analyze member and claims data to understand impacts on trend and cost performance.
• Query, extract, and validate data from enterprise systems.
• Develop and enhance reports, dashboards, and analytical models.
• Support actuarial analyses using Excel, SQL, Power BI, and emerging AI tools.

Operational Exposure

• Update recurring monthly reports and dashboards.
• Participate in team meetings and collaborative projects.
• Learn healthcare terminology, actuarial concepts, and industry practices.
• Gain exposure to the role of actuarial professionals within a health insurance organization.

What You'll Learn

During the internship, you will develop skills and experience in:

• Healthcare trend analysis
• Medical claims and membership data analytics
• Advanced Excel and Power BI reporting
• SQL coding and data extraction
• Business intelligence and dashboard development
• Application of AI tools in the workplace
• Professional communication and presentation skills
• Actuarial career development and credentialing pathways

Qualifications

Required

• Currently enrolled in an accredited college or university as a junior, senior, or graduate student.
• Minimum GPA of 2.8 (3.0 GPA preferred).
• Demonstrated leadership through academic, extracurricular, volunteer, or work experiences.
• Ability to work full-time (40 hours per week) for at least 12 consecutive weeks. Three (3) days onsite in the Brooklyn, OH headquarters.

Preferred Majors

• Actuarial Mathematics
• Mathematics
• Economics
• Statistics or related analytical disciplines

Preferred Skills

• Microsoft Excel
• Power BI
• SQL
• Data analytics and visualization tools
• Interest in artificial intelligence and emerging technologies

Additional Preferred Qualifications

• Desire to pursue actuarial exams and professional credentials.
• Strong analytical, problem-solving, and critical-thinking skills.
• Curiosity and interest in healthcare data and trends.

Internship Program Highlights

Medical Mutual interns enjoy a structured and engaging summer experience that includes:

• Formal internship orientation
• Dedicated mentor and/or peer buddy
• Mid-summer and final performance evaluations
• Professional development opportunities
• Networking events with leaders and fellow interns
• Community engagement activities throughout the Cleveland area
• Exposure to multiple business areas across the organization

Work Environment

This internship is based primarily at Medical Mutual's headquarters in Brooklyn, Ohio. Interns participate in a hybrid work environment and are expected to work onsite a minimum of three days per week.

Why Medical Mutual?

At Medical Mutual, interns contribute to meaningful work from day one while gaining real-world experience in healthcare analytics and actuarial science. This internship is designed to build a strong pipeline of future actuarial talent and provide students with practical experiences that prepare them for successful careers in the industry.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.