Actuarial Intern

Corewell Health • Grand Rapids, MI

4d

About The Position

The Actuarial Intern provides actuarial support through analyses that inform pricing, financial forecasts, IBNR estimates, provider risk arrangement targets, and strategic decisions. The intern evaluates scenarios and assesses their potential impacts, helps establish targets for pricing, budgeting, risk arrangements, and other third-party contracts, and assists other departments with questions about pricing and profitability. Working with support from more senior actuaries, the intern updates models, develops descriptive analytics, summarizes results using relevant tools, and contributes to team process improvements and documentation. The internship is expected to begin in May or June 2027 and run through October 2027. It is based at Corewell Health’s Priority Health location in Grand Rapids, Michigan, with a day shift schedule of 8 a.m. to 5 p.m., Monday through Friday, for 40 hours per week.

Requirements

• Currently enrolled in a university pursuing an associate’s or bachelor’s degree in an area of accountability, or be a recent graduate of an associate’s or bachelor’s degree program.
• Successful completion of at least one SOA Actuarial Exam; VEE does not count toward this requirement.
• Ability to use Microsoft Office, including Excel, business intelligence tools such as Copilot, and other relevant tools to summarize results.
• Professionalism, curiosity, openness to feedback, and willingness to learn.

Responsibilities

• Complete work and update models with support from a more senior actuary.
• Evaluate multiple scenarios and provide impact assessments to inform decision-making.
• Help establish targets for pricing, budgeting, risk arrangements, and other third-party contracts.
• Assist departments such as Underwriting, Data & Analytics, Provider, Pharmacy, Product, and Finance with pricing and profitability matters.
• Provide descriptive analytics and use relevant tools to summarize results.
• Maintain clear and appropriate documentation and help improve team processes.
• Shadow higher-level actuaries and learn core analytic concepts and multiple business and functional areas.
• Seek feedback and support, ask questions, and communicate clearly when assistance is needed.
• Participate in applicable safety initiatives and complete position- and unit-related safety competencies and requirements on time.
• Perform other duties as assigned.

Benefits

• Comprehensive benefits package supporting financial, health, and work/life balance goals.
• On-demand pay program powered by Payactiv.
• Discounts directory with offers on restaurants, phone plans, spas, and other items.
• Optional identity theft protection, home insurance, and auto insurance.
• Traditional and Roth retirement options with service contribution and match savings.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: Associate degree