Actuarial Internship

Blue Cross & Blue Shield of Mississippi•Flowood, MS
•Onsite

About The Position

At Blue Cross & Blue Shield of Mississippi, the Actuarial team is responsible for evaluating healthcare risk, predicting medical cost trends, and ensuring the long-term financial sustainability of patient care models. This internship offers an opportunity for motivated students to join the Actuarial Team. Interns will assist actuarial personnel in analyzing data to support the development and monitoring of rating formulas and factors, product monitoring and pricing, as well as claim reserving and trending. This internship provides a chance to apply theoretical statistical modeling to real-world healthcare data, supporting pricing, reserving, and strategic planning efforts. The program duration is 10-12 weeks, from June to August 2027, and is located on the Flowood, Mississippi campus. The positions are paid.

Requirements

  • Currently pursuing a bachelor’s degree in mathematics, actuarial science, statistics or related course of study where a strong mathematical background is necessary with at least a Junior level academic standing by the end of Spring 2027.
  • GPA of 3.25 or higher is required.
  • Possess strong PC skills with proficiency in Microsoft Office Suite.

Nice To Haves

  • Enrolled in a Mississippi based College or University or Mississippi resident.
  • Utilize problem-solving skills and transparently share insights.
  • Provide concise verbal communications, sharing ideas, information and communicating messages clearly, accurately and professionally.
  • Manage time effectively and handle multiple tasks in a dynamic environment.
  • Demonstrate strong organizational skills and attention to detail, checking work for errors before submitting.
  • Write concise messages, draft simple guides and communicate clearly in written form.
  • Listen closely during instructions, paying full attention to the speaker and ask clarifying questions before attempting to solve problems or provide feedback.

Responsibilities

  • Gain exposure to Actuarial functions of pricing, calculating reserves, trend analysis, and healthcare economics.
  • Extract and clean claims data for actuarial analysis.
  • Prepare exhibits and memos for senior leadership according to actuarial documentation standards.
  • Work alongside analysts and credentialed Actuaries on day-to-day operational activities.

Benefits

  • Comprehensive benefits package worth approximately one-third of salary compensation.
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