Health Consulting Actuarial Summer Intern - West Market - College Program 2026

Marsh McLennan • San Francisco, CA

103d • Hybrid

About The Position

We are seeking a talented individual to join Mercer's Health Actuarial and Financial Group (AFG). This role will be based in Mercer's San Francisco, Los Angeles, Irvine, or Denver offices. This is a hybrid role that has a requirement of working at least three days a week in the office. Through Mercer's Health and Benefits practice, you will help employers navigate the increasingly complex world of employee benefits, people risk and employee benefit cost management. Predicting, monitoring and managing rising costs for employers is a key role of Mercer's AFG. Mercer's 2,500+ US Health consultants deliver disciplined, consistent approaches to benchmarking, data analytics, financial management, marketing, compliance and communication. Our client focus, integrity, expertise, and innovation are why clients choose Mercer. We are committed to setting the industry standard for ethical and transparent business practices.

Requirements

• Progress towards a bachelor's degree in actuarial science, math, statistics, economics, engineering or other related fields
• Status as a currently enrolled student; candidates should have an expected graduation date in the Fall of 2026 or Spring of 2027
• Record of top academic achievement (minimum preferred GPA: 3.0/4.0)
• A commitment to achieving a Society of Actuaries (SOA) designation
• Legal work authorization in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future

Nice To Haves

• Strong analytical skills, both quantitative and qualitative
• Working knowledge of Microsoft Office—Word, Excel, and PowerPoint—and advanced programming skills are a plus (e.g. R, Python, SAS and SQL)
• Knowledge of data analysis, project management, and presentation design
• Excellent interpersonal, verbal, and written communication skills
• Intellectual curiosity; seeking opportunities to develop new skills
• Superior organizational skills and strong attention to detail

Responsibilities

• Perform responsibilities comparable to full-time analysts with support from experienced colleagues
• Complete comprehensive analysis of health care data using spreadsheet and database management software
• Assist in the development of client communications, proposals, reports, spreadsheets, and presentations
• Perform basic cost projections using client cost and enrollment data with Mercer's valuation model
• Price medical & prescription drug plan designs using proprietary Mercer tools
• Assist in the development of customized pricing through alternate scenario modeling of plan designs, programs and/or employee contributions to meet employers financial target
• Develop basic underwriting and actuarial skills as you build an awareness of health care plan design, cost factors and numerous industry products, services and tools (including Mercer Health products)
• Work in a fast-paced, challenging and dynamic consulting environment with colleagues across all organizational levels

Benefits

• Professional development opportunities
• Interesting work and supportive leaders
• Vibrant and inclusive culture
• Range of career opportunities
• Benefits and rewards to enhance well-being

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree