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Health Care Service Corporation

Early Careers - Actuarial Intern

Posted 8 Days Ago
Be an Early Applicant
Hybrid
Chicago, IL, USA
18-38 Hourly
Internship
Hybrid
Chicago, IL, USA
18-38 Hourly
Internship
Ten-week actuarial internship supporting modeling, data gathering, database maintenance, forecasting, reserve models, financial statements, research, and recommendations. The intern will own project components with mentorship, collaborate cross-functionally, present findings to leadership, and support initiatives improving business outcomes. Candidates must be pursuing a relevant bachelor’s degree, complete an actuarial exam, meet GPA and graduation requirements, and have proficiency in Excel, SQL, and VBA.
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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?

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.


This role will also need to:

·       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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Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

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.

HQ

Health Care Service Corporation Chicago, Illinois, USA Office

300 E Randolph St, Chicago, IL, United States, 60601

Health Care Service Corporation Downers Grove, Illinois, USA Office

Downers Grove, United States, 0

Health Care Service Corporation Naperville, Illinois, USA Office

Naperville, United States, 0

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