Jobs · Sales · Illinois

Actuarial Intern Summer 2027 (CMH Health)

Milliman · Chicago, IL · 1 mo ago
On-siteSales$21–$46/hrFull-time

About the role

Milliman’s CMH Health Practice is seeking motivated college students to participate in a summer actuarial internship. This opportunity offers competitive pay and the chance to work on real-world assignments in a vibrant, dynamic, and growing health consulting practice.

Responsibilities

  • Perform data analysis using Excel, VBA, SAS, Python, and proprietary Milliman programs to assist with consulting for various healthcare segments (Medicare Advantage and Part D, Commercial / ACA, Medicaid, Long Term Care, Pharmacy, Provider, and more)
  • Participate in consulting activities including pricing, reserving, financial projections, model development, forecasting, and mergers and acquisitions
  • Coordinate with Consultants, Managers, Professional Staff, and Interns as a project team to present client reports and deliverables
  • Assist with research and product development
  • Complete the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions

Requirements

  • Pursuing a bachelor’s or master’s degree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative course work
  • At least one actuarial exam passed
  • Able to work onsite at least four days (Monday through Thursday) per week throughout the duration of this summer internship at one of our three CMH Health office locations (Chicago, Illinois, Milwaukee, Wisconsin, or Hartford, Connecticut)
  • Junior standing is preferred, will accept sophomore standing at time of application

Qualifications

  • Good academic standing (3.2 grade point average or above is preferred)
  • Previous internship or relevant work experience
  • Leadership experience and involvement in extra-curricular activities
  • Experience working with SAS, VBA, or other coding languages is advantageous
  • Strong communication skills (both verbal and written)
  • Analytical thinking skills to evaluate analyses for downstream impact
  • Strong time management skills
  • Ability to work independently and in a team environment

Skills

  • Microsoft Excel
  • Basic actuarial concepts

Benefits

  • Employee Assistance Program (EAP)
  • 401(k) Plan
  • Paid Time Off (PTO)
  • Transportation

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