Actuarial Summer Intern

Medical Mutual•Cleveland, OH

8h•Hybrid

About The Position

Medical Mutual's College Internship Program is designed for high-performing students interested in building a career in actuarial science, analytics, and healthcare data. As an Actuarial Intern, you'll gain hands-on experience working alongside experienced actuaries and analysts while contributing to meaningful projects that support business decisions impacting healthcare coverage across Ohio. This internship provides exposure to trend analysis, medical claims data, predictive analytics, and business intelligence tools while helping participants develop the technical and professional skills needed for future actuarial careers. Students who successfully complete the internship may be considered for future opportunities as an Actuarial Analyst I upon graduation, based on business needs, performance, and available openings.

Requirements

Currently enrolled in an accredited college or university as a junior, senior, or graduate student.
Minimum GPA of 2.8 (3.0 GPA preferred).
Demonstrated leadership through academic, extracurricular, volunteer, or work experiences.
Ability to work full-time (40 hours per week) for at least 12 consecutive weeks.
Three (3) days onsite in the Brooklyn, OH headquarters.

Nice To Haves

Majors: Actuarial Mathematics, Mathematics, Economics, Statistics or related analytical disciplines
Skills: Microsoft Excel, Power BI, SQL, Data analytics and visualization tools
Interest in artificial intelligence and emerging technologies
Desire to pursue actuarial exams and professional credentials.
Strong analytical, problem-solving, and critical-thinking skills.
Curiosity and interest in healthcare data and trends.

Responsibilities

Conduct deep-dive analyses to identify and explain healthcare cost and utilization trends.
Research and evaluate factors contributing to trend variability and emerging patterns.
Analyze medical and membership data to identify drivers of financial performance.
Present findings and recommendations to actuarial and business leaders.
Analyze member and claims data to understand impacts on trend and cost performance.
Query, extract, and validate data from enterprise systems.
Develop and enhance reports, dashboards, and analytical models.
Support actuarial analyses using Excel, SQL, Power BI, and emerging AI tools.
Update recurring monthly reports and dashboards.
Participate in team meetings and collaborative projects.
Learn healthcare terminology, actuarial concepts, and industry practices.
Gain exposure to the role of actuarial professionals within a health insurance organization.