Actuarial Summer Intern

Blue Shield of CA; Rancho Cordova (CA); Hybrid; USD 34,000 - 41,000; Part time

Benefits offered by this job

Paid internship

Networking events

Job summary

Blue Shield of California offers an Actuarial Intern role within the Actuarial, Underwriting, and Financial Analytics team. The intern will report to an Actuarial Manager and gain deep understanding of health care industry practices while developing technical skills and contributing models and exhibits that increase efficiency and effectiveness.

The program emphasizes leadership development and collaboration, with a hybrid work model requiring in-office presence two days per week.

Qualifications

• Pursuing a Bachelor's degree in a quantitative field.
• Actuarial career interest with at least 1 actuarial exam prior May 2027.
• 1–2 years of related professional experience, project, or coursework.
• Strong Excel skills and financial data analysis.
• Ability to work independently and in a team.

Responsibilities

• Support finance operations, underwriting, and analytics teams.
• Develop technical skills and contribute models and exhibits.
• Collaborate with team and balance multiple priorities.
• Participate in internship program activities and leadership development.

Skills

Analytical skills

Excel proficiency

Financial acumen

Education

Bachelor's degree (quantitative field)

Actuarial exam taken before May 2027

Tools

Excel

Job description

Your Role

The Actuarial, Underwriting, and Financial Analytics team oversees our finance operations, underwriting, analytics, actuary, corporate development, cost of healthcare, global business services, internal audit services, controller and finance shared services functions and responsibilities at Blue Shield of California.

The Actuarial Intern will report to an Actuarial Manager. In this role, you will gain a deep understanding of the health care industry basic practices, develop technical skills, and contribute lasting models and exhibits that increase our efficiency and effectiveness.

Our leadership model is about developing great leaders at all levels and creating opportunities for our people to grow - personally, professionally, and financially. We are looking for leaders that are energized by creative and critical thinking, building and sustaining high-performing teams, getting results the right way, and fostering continuous learning.

Your Knowledge and Experience

• Pursuing a Bachelor's degree in a quantitative field, such as Mathematics, Accounting, Finance, Business Administration, Economics, or Actuarial Science
• Serious interest in pursuing an actuarial career by having taken at least 1 actuarial exam prior May 2027
• Preferred 1-2 years of related professional experience, project, or coursework
• A robust analytical skill set (Microsoft Excel proficiency experience is required)
• Financial acumen and ability to synthesize data into insights and/or reporting
• Ability to work both independently and as part of a team
• Strong relationship management and interpersonal skills
• Ability to balance multiple priorities and meet deadlines

Hybrid

This role requires employees to be in-office based on our hybrid workplace model, balancing purposeful in-person collaboration with flexibility. For most teams, this means coming into the office two days each week. Employees living more than 50 miles from an office location will work with their manager to determine in-office time based on business need.

Pay

$25.00 per hour for Undergraduate

$30.00 per hour for Graduate

About Our Internships

Our paid internship program is thoughtfully curated to provide students with experience and exposure to the health professional industry. Interns will be given the opportunity to get hands‑on experience with real work projects, build meaningful relationships and connections within the organization, and experience our mission and enterprise goals through our program curriculum centered on our leadership model (Personal, People, Thought, and Results Leadership). To see more about our internship program, check out this video.

Our Summer 2027 Internship is June 14th or June 21st through August 20th, 2027.

As an intern at Blue Shield of California, you will:

• Participate in impactful projects during a 10-week internship program
• Undertake a 10-week curriculum designed to familiarize interns with BSC, leadership development, exposure to the healthcare industry, and more
• Be invited to participate in BSC employee events and networking opportunities such as Employee Resource Groups, employee volunteer activities, and more