Early Careers - Actuarial Intern

Health Care Service Corp.; Chicago (IL); Hybrid; USD 25,000 - 52,000; Full time

Job summary

Health Care Service Corp. (HCSC) offers a 10-week paid internship in Chicago, IL or Richardson, TX. Interns work with management and actuarial students on data modeling, database design, and reporting, delivering a final presentation to leadership.

The role emphasizes developing Excel, SQL, and VBA skills with mentorship, cross‑functional collaboration, and exposure to real business decisions within a purpose‑driven health company.

Qualifications

• Pursuing a bachelor’s degree; rising senior in a quantitative field.
• Completion of or plans to complete 1 ASA exam by graduation.
• Graduation date between Dec 2027 and Jun 2028.
• Minimum GPA 3.0/4.0.
• Available for the full 10-week program.
• Unrestricted US work authorization; sponsorship not available.

Responsibilities

• Support management and actuarial students with data gathering, modeling and reporting.
• Design and maintain databases; produce internal and external reports.
• Model provider payments and discounts; redesign forecasting models.
• Convert reserve model to a new software package; prepare yearly financial statements.
• Own components of project work with mentor guidance; deliverables on time.
• Research, analyze data, and develop business‑driving recommendations.
• Collaborate with cross‑functional teams; support initiatives improving outcomes.

Skills

Excel

SQL

VBA

Education

Bachelor's degree (in progress) in actuarial science, mathematics, statistics, finance, computer science or economics

ASA exam (1) planned/completed by graduation

Tools

SQL tooling

Job description

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers. Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

This ten-week paid internship can be in Chicago, IL or Richardson, TX

What Are Your Responsibilities?

• Work closely with both management and actuarial students in support of some of our major departmental functions.
• Support consists of modeling experience, gathering, and compiling data from various sources, designing and maintaining databases, and producing reports for internal and external uses.
• Projects have included modeling provider payments and discounts, redesigning a forecasting model, converting our reserve model into a new software package, and preparing yearly financial statements.
• Own components of project work and deliverables with guidance from an assigned mentor and manager.
• Conduct research, analyze data and information, and develop recommendations that inform real business decisions.
• Collaborate with cross-functional teams.
• Support departmental initiatives that improve business outcomes and the member and client experience.
• Develop and deliver a final internship presentation to department leadership covering the project, results, and recommendations.
• Maintain complete confidentiality of company business and comply with HIPAA, Diversity Principles, Corporate Integrity, and applicable compliance policies.

What Do You Need to Be Successful?

• Previous internship experience preferred.
• Demonstrated interpersonal skills including verbal and written communication.
• Strong analytical skills.
• Practical, developed technical skills, especially Excel, SQL and VBA.

What Are the Requirements You Must Meet?

• Pursuing a bachelor’s degree; rising senior with a major in actuarial science, mathematics, statistics, finance, computer science or economics. Other majors may be considered.
• Completion of or plans to complete 1 ASA (Associate of the Society of Actuaries) exam by graduation.
• Graduation date between December 2027 and June 2028.
• Minimum cumulative GPA of 3.0/4.0.
• Available for the full duration of the 10-week program.
• Demonstrated intellectual curiosity, strong communication skills, and a collaborative, learning-oriented mindset.
• Working proficiency with Microsoft Office (Word, Excel, PowerPoint) and general comfort with virtual collaboration tools.
• Unrestricted authorization to work in the United States; sponsorship is not available for this role.

What Does the Internship Program Entail?

• Formal Intern Orientation to build business and industry acumen.
• Challenging real-world hands‑on project.
• Weekly networking opportunities among interns and company leaders.
• Professional development workshops.
• Volunteer activities.

#LI-Hybrid #LI-JT1 #hcscintern

Pay Transparency Statement: At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards. The compensation offered will vary depending on your job‑related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

Base Pay Range $18.46 - $37.84 Exact compensation may vary based on skills, experience, and location.

HCSC Employment Statement: We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug‑free and smoke‑free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment.

HCSC is committed to diversity in the workplace and to providing equal opportunity to employees and applicants. If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned.

All applications, including resumes, must be submitted through HCSC's Career website on‑line application process. If you have general questions regarding the status of an existing application, navigate to "candidate home" to view your job submissions.