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Must apply via the BCBSMA career site: Click here to apply

 

Internship Duration: June 1, 2026 - August 14, 2026 (11-weeks)

 

The Actuarial Internship is designed to provide those interested in pursuing an actuarial career with the opportunity to spend the summer working on challenging projects in a professional environment. 

 

Over the eleven-week internship, each intern will be part of a team in the actuarial and analytics spaces, and they will have the opportunity to grow their actuarial knowledge as part of our Actuarial Leadership Development Program - BCBSMA's development program for Early Career Actuaries.

 

What you'll do:

Sample Project Work (Recent Past Years):

  • Research and develop drug utilization trend reports at the therapeutic class level for the Medicare population.
  • Analyze the profitability and competitiveness of market segments by geographic region in order to build out new area factor recommendations for rate setting.
  • Develop models to calculate rebate liability exposure for current and future years for the Merged Market and Medicare Advantage lines of business.
  • Determine the magnitude and drivers of behavioral health claims in light of COVID-19 and increased telehealth usage.
  • Explore patterns in members with large claims and develop a model to predict the financial impact of members entering the federal High Cost Risk Pool.
  • Evaluate the benefit buydown calculation used in medical expense reporting, trend projections and benefit change pricing factors used by multiple business areas.
  • Create a model to identify members with major chronic conditions to support plan and account analytics.
  • Update and provide enhancements for the best-in-class efficiency score reporting process.

 

What you bring:

  • Student currently pursuing coursework in Mathematics, Statistics, Actuarial Science, Economics, Business, Finance or other related path required
  • Demonstrated interest and aptitude in pursuing a math, analytics or actuarial career path
  • Past work or leadership experience preferred (includes on-campus, volunteer, internships and other work)
  • Ability to work independently and as a member of a team, required
  • Ability to present information in an easy to understand format both written and verbal.
  • Proficiency with Microsoft Word, Excel, and PowerPoint required
  • Experience with data visualization and/or coding language(s) (SAS, SQL, R, Python, Tableau, etc) a plus
  • Ability to work in the US without sponsorship now, and in the future, required.

This position is eligible for the following persona(s): eWorker, Mobile, & Resident