Early Careers - Actuarial Intern

HCSC; Chicago (IL); Hybrid; USD 25,000 - 52,000; Full time

Job summary

Health Care Service Corporation invites applications for a 10-week paid internship in Chicago, IL or Richardson, TX. You will collaborate with actuarial teams, perform data modeling and reporting, and gain hands-on experience across major departmental functions.

Applicants should be pursuing a bachelor’s degree with strong Excel, SQL, and VBA skills, plus 1 ASA by graduation and a 3.0+ GPA. The program emphasizes mentorship, confidentiality, and professional development.

Qualifications

• Pursuing a bachelor’s degree; rising senior with a major in actuarial science, mathematics, statistics, finance, computer science or economics.
• Completion of or plans to complete 1 ASA 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 mindset.
• Working proficiency with Microsoft Office (Word, Excel, PowerPoint) and collaboration tools.
• Unrestricted authorization to work in the United States; sponsorship is not available.

Responsibilities

• Own components of project work and deliverables with guidance from mentor and manager.
• Conduct research, analyze data and information, and develop recommendations for business decisions.
• Collaborate with cross-functional teams.
• Support departmental initiatives to improve outcomes and member and client experience.
• Develop and deliver a final internship presentation to leadership covering the project, results, and recommendations.
• Maintain complete confidentiality and comply with HIPAA and compliance policies.

Skills

Excel

SQL

VBA

Communication

Analytical thinking

Education

Actuarial science

Math

Statistics

Finance

Computer science

Tools

Microsoft Office

Job description

Flex

IL - Chicago

TX - Richardson

Full time

R0059475

Job Summary

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

What Are Your Responsibilities?

The successful candidate for this position will work closely with both management and actuarial students in support of some of our major departmental functions. This support consists of modeling experience, gathering, and compiling data from various sources, designing and maintaining databases, and producing reports for internal and external uses.

In the past few years, 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

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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.

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.

Base Pay Range

$18.46 - $37.84

Exact compensation may vary based on skills, experience, and location.

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For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities.

Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. 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.

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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.

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