Actuarial Intern

Blue Cross Blue Shield of Wyoming • Cheyenne, WY

1d • Onsite

About The Position

Deep Roots. Solid Growth. Caring People. Rooted in Wyoming! We are Blue Cross Blue Shield Wyoming: a not-for-profit health insurer with offices throughout the state. Ever since a small group of caring, persistent Wyoming women helped us put down roots in 1945, everything we do is aimed at better health care for the people of Wyoming. Our Vision: We envision a future where integrity, compassion, and trust define a local health insurance experience. Committed to doing the right thing for our members, employees, and community, we strive to protect and contribute to the health and care of all we serve. Our Mission: provide our members with access to local health insurance solutions that prioritize health, care, and well-being for those who call Wyoming home. If our passion and purpose resonate with you, you may be who we are looking for. The role we are looking to fill: ESSENTIAL DUTIES & RESPONSIBILITIES Under the direct supervision of an Actuarial Analyst, responsible for assigned tasks and project(s); tasks and project(s) may vary from routine work to complex, multi-step projects, e.g., assist in pulling, validating, and analyzing large sets of healthcare data from various sources. Support the development and maintenance of Excel and SQL-based actuarial models. Complete multivariable statistical analyses on several disparate variables to determine the predictive value of a person’s future health care costs Utilize creativity and innovation in selecting methods and approaches for performing analyses Prepare and deliver presentation(s) to share methods, results, and findings to recipients with varying levels of technical knowledge. Projects may include claim reserving, pricing, forecasting, rate or system testing, data analytics, data visualization, or other tasks as assigned. Present project work and/or work deliverable(s) in various in-house meeting(s). This essential duties listing is not all inclusive, but representative. Other duties may be assigned. APPLICABLE KNOWLEDGE, SKILLS, & ABILITIES (KSA) Proficiency with Excel for data manipulation and actuarial calculations; experience with VBA a plus. Familiarity with one or more programming or statistical tools (i.e. SQL, Access, SAS) a plus. Ability to perform detailed calculations and independently solve complex problems Attention to detail and accuracy Strong verbal and written communication skills Motivated with a strong interest in learning new skills and tasks Ability to work independently and in a team environment Ability to multi-task and work under tight deadlines Able to clearly communicate; strong listening skills and collegiate level writing skills. Capable of organizing assigned work with an appropriate level of attention to detail. QUALIFICATIONS Must be 18 years of age or older. Be actively enrolled in a college or university program majoring in Actuarial Science, Mathematics, Statistics, Economics, or another major with quantitative course work. Highly motivated and curious with the ability to learn quickly Proficiency with Microsoft Office applications and web-based technologies Progress toward actuarial credentials (SOA) strongly preferred; at least one passed preliminary exam (i.e. Exam P/1 or FM/2) is a plus. Must be eligible to work in the US without sponsorship. PHYSICAL/MENTAL DEMANDS & WORK ENVIRONMENT While performing the essential duties of this position, an employee will typically experience: Standing, walking, and sitting. Lifting and/or moving up to 10 pounds; occasionally lifting and/or move up to 25 pounds short distances. Usage of close vision, distance vision, and ability to adjust focus. Manipulation of keyboards, keypads, and calculators. Placing and answering telephone calls. Focused task tracking and follow-through. Some interpersonal tension in problem-solving/resolution interactions. Speaking/presenting to internal and external audiences of diverse sizes. Work environment noise level that is usually moderate. Open office environment with few, if any, loud sounds, or ongoing auditory distractions. Some deadline related stress. PROGRAM DETAILS Duration: June 1, 2026 through early August 2026 (full-time, typically 40 hours per week). Work arrangement: On-site Compensation: Competitive hourly wage; exam support or study time may be available. Development: Formal onboarding, training sessions, mentorship from actuarial staff, and a capstone presentation or final project at the end of the internship. APPLICATION INSTRUCTIONS Submit a resume, unofficial transcript, and a brief cover letter describing your interest in health actuarial work and relevant coursework or projects. Include details on actuarial exam progress and technical skills (i.e. software/programming) on your resume. BCBSWY Employees Enjoy: Best-In-Class Health Insurance at minimal to no-cost for BCBSWY employees! PLUS many other benefits along with highly competitive compensation! Our compensation program is reviewed for competitive market match on an annual basis and employees are eligible for annual merit increases. Monthly incentives that are based on individual and company performance are also available to eligible employees and members of our Sales Team can realize generous performance-based commissions. At BCBSWY our employees are provided best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include medical, dental, vision, 401(k), life insurance, paid time off (PTO), 10 paid holidays in addition to PTO annually, plus 8 paid volunteer hours, various wellness programs, and a dress code of "Dress for Your Day!" which can mean jeans every day (depending on your role). Serving Those Who Call Wyoming Home. Our positions are all based in Wyoming. Depending on the department and the position, eligible employees may be offered limited In-Office/WFH flexibility (for those positions that are offered limited WFH, there will be a required number of In-Office days per week/month depending on department). Executive level employees are required to reside full-time in Wyoming. Our Selection Process: Typically includes the following (NOTE: process steps may differ depending on role applied for) Review of your completed application and any additional submitted materials (e.g., cover letter, certifications, etc.) for minimum qualifications and skills alignment. Confirmation of Wyoming residency, intent to become a Wyoming resident, or reasonable commuter distance if Colorado resident. Recruiter Phone Screen. Possible Self-Assessment and/or Questionnaire. Initial interview with Hiring Manager. Possible 2nd Interview with Hiring Manager and/or additional Team members. Comprehensive Background Check. BCBSWY is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, national origin, sex, age, disability, genetic information, or any other status protected by law or regulation. Qualified applicants are provided with an equal opportunity and selection decisions are based on job-related factors. We use E-Verify to confirm employment eligibility; we DO NOT sponsor applicants for work visas. BCBSWY is committed to the full inclusion of all qualified individuals. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations for the application, selection, and hiring process. If reasonable accommodation is needed, please contact: [email protected] Working at Blue Cross Blue Shield of Wyoming | Great Place To Work® Rooted in Wyoming, Blue Cross Blue Shield Wyoming (BCBSWY) is a not-for-profit health insurer with offices throughout the state. Are you interested in joining the largest, most experienced insurer in Wyoming? If you are committed to excellent service above all else, you could be a great fit for an opportunity with BCBSWY. Introduce Yourself and be the first in line for new jobs opportunities. Cheyenne Wyoming: Discover a Wild West Adventure Visit Wyoming and Enjoy Your Wyoming Vacation (travelwyoming.com) BCBSWY is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, national origin, sex, age, disability, genetic information, or any other status protected by law or regulation. Qualified applicants are provided with an equal opportunity and selection decisions are based on job-related factors. We use E-Verify to confirm employment eligibility; we DO NOT sponsor applicants for work visas. BCBSWY is committed to the full inclusion of all qualified individuals. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations for the hiring process. If reasonable accommodation is needed, please contact: [email protected] Equal Opportunity is the Law EEO is the Law Supplement IER Right to Work FMLA E-Verify Pay Transparency

Requirements

• Must be 18 years of age or older.
• Be actively enrolled in a college or university program majoring in Actuarial Science, Mathematics, Statistics, Economics, or another major with quantitative course work.
• Highly motivated and curious with the ability to learn quickly
• Proficiency with Microsoft Office applications and web-based technologies
• Must be eligible to work in the US without sponsorship.
• Proficiency with Excel for data manipulation and actuarial calculations
• Ability to perform detailed calculations and independently solve complex problems
• Attention to detail and accuracy
• Strong verbal and written communication skills
• Motivated with a strong interest in learning new skills and tasks
• Ability to work independently and in a team environment
• Ability to multi-task and work under tight deadlines
• Able to clearly communicate; strong listening skills and collegiate level writing skills.
• Capable of organizing assigned work with an appropriate level of attention to detail.

Nice To Haves

• experience with VBA a plus.
• Familiarity with one or more programming or statistical tools (i.e. SQL, Access, SAS) a plus.
• Progress toward actuarial credentials (SOA) strongly preferred; at least one passed preliminary exam (i.e. Exam P/1 or FM/2) is a plus.

Responsibilities

• Under the direct supervision of an Actuarial Analyst, responsible for assigned tasks and project(s); tasks and project(s) may vary from routine work to complex, multi-step projects, e.g., assist in pulling, validating, and analyzing large sets of healthcare data from various sources.
• Support the development and maintenance of Excel and SQL-based actuarial models.
• Complete multivariable statistical analyses on several disparate variables to determine the predictive value of a person’s future health care costs
• Utilize creativity and innovation in selecting methods and approaches for performing analyses
• Prepare and deliver presentation(s) to share methods, results, and findings to recipients with varying levels of technical knowledge.
• Projects may include claim reserving, pricing, forecasting, rate or system testing, data analytics, data visualization, or other tasks as assigned.
• Present project work and/or work deliverable(s) in various in-house meeting(s).

Benefits

• Best-In-Class Health Insurance at minimal to no-cost for BCBSWY employees!
• highly competitive compensation!
• employees are eligible for annual merit increases
• Monthly incentives that are based on individual and company performance are also available to eligible employees and members of our Sales Team can realize generous performance-based commissions.
• medical, dental, vision, 401(k), life insurance, paid time off (PTO), 10 paid holidays in addition to PTO annually, plus 8 paid volunteer hours, various wellness programs, and a dress code of "Dress for Your Day!" which can mean jeans every day (depending on your role).

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed