Early Careers - Actuarial Intern

HCSC•Chicago, IL
•Hybrid

About The Position

This ten-week paid internship program is designed to provide interns with hands-on experience in actuarial functions at HCSC. Interns will work closely with management and actuarial students on major departmental tasks, including modeling experience, data gathering and compilation, database design and maintenance, and report production. Past projects have involved modeling provider payments and discounts, redesigning forecasting models, converting reserve models, and preparing financial statements. The role emphasizes owning project components, conducting research, analyzing data, developing recommendations, collaborating with cross-functional teams, supporting departmental initiatives, and delivering a final presentation to leadership. Maintaining confidentiality and complying with relevant policies is also crucial.

Requirements

  • 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.

Nice To Haves

  • Previous internship experience preferred.

Responsibilities

  • 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.

Benefits

  • 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
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