Actuarial Intern (winter / spring 2027)

Posted 9 Days Ago
Hiring Remotely in Denver, CO, USA
In-Office or Remote
21-46 Hourly
Internship
Healthtech • HR Tech • Insurance • Consulting
The Role
Actuarial interns analyze and clean healthcare data using spreadsheets, databases, and software applications; communicate findings, review peer work, document project files, and support research and business development. The role provides exposure to health insurance actuarial consulting across commercial, Medicare, Medicaid, behavioral health, risk adjustment, dental, and related areas.
Summary Generated by Built In

Description

Milliman’s Mountain Gulf Health Practice is looking for motivated current college students or recent graduates interested in a full-time or part-time seasonal (winter-spring) internship. Actuarial interns have the opportunity to perform data analysis to assist with consulting for various health insurance work areas, such as: Commercial / ACA, Behavioral Health, Risk Adjustment, Medicare Advantage and Part D, Medicaid, Dental, and more. This position provides opportunities for professional growth and technical skill development in the healthcare actuarial field.

Who We Are 

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation. 

The Team

Milliman’s Mountain Gulf Health Practice consists of forty-eight actuarial professionals, healthcare consultants, IT, and administrative professionals. We are a group of highly self-motivated and enthusiastic individuals. Our practice has developed expertise in a variety of business areas, which means that we are always working on new and interesting challenges related to the healthcare field and the actuarial profession.

We have carefully designed a program to help interns along their career path. Through our manager program, all staff members are paired with a dedicated manager to help support and celebrate the growth of each staff member.

What You Will Do

In this role you will:

  • Perform analyses using spreadsheets, databases, and other resources to clean, synthesize, and analyze data and information
  • Communicate results to peers and project leaders
  • Review the work of your peers
  • Prepare and document project files
  • Assist with research and business development projects
  • Gain valuable experience working with health care data using a variety of software applications

Our goal is to give interns a broad range of real-life experiences and exposure to the work of consultants in our practice. A successful candidate will possess excellent technical, communication, and interpersonal skills and will be self-motivated and driven to achieve. Intellectual curiosity, teamwork, and a strong desire to learn are important drivers of success in our practice.

What We Are Looking For 

Professional Qualifications

  • Currently enrolled and returning to, or recently graduated from an accredited University, or changing careers to the actuarial field
  • Working towards, or completed, a bachelor’s degree in mathematics, Statistics, Actuarial Science, Economics, or another major with quantitative course work
  • At least one Society of Actuaries exam passed
  • Solid understanding of basic actuarial concepts
  • Ability to work independently and within a team
  • Effective communication skills, with the ability to express technical concepts verbally and in writing to diverse audiences
  • Strong analytical and problem-solving skills

Personal Qualifications

  • Curiosity
  • Strong desire to learn
  • Excellent attention to detail
  • Ability to learn existing processes quickly
  • Ability to apply knowledge and concepts to a variety of different tasks
  • Strong organizational abilities and time-management skills

Preferred Qualifications

  • Prior internship(s) in health and/or actuarial-related work experience is beneficial but not required
  • Exposure to programming (R, SAS, SQL, Python, VBA) is beneficial but not required
  • Junior or Senior standing, or recently graduated is preferred, but not required
  • Ability to work independently

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.  

Location 

Milliman’s Mountain Gulf Health Practice operates under one management group and works remotely. Candidates hired into this role may work remotely anywhere in the US.

The expected application deadline for this job is October 31, 2026. 

Compensation 

The overall hourly range for this role is $21 - $46 per hour. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc. For candidates residing in:

  • Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, San Francisco or the District of Columbia the range is - $23 - $46 per hour
  • All other states - $21 - $37 per hour

Benefits

We offer competitive benefits which include the following based on plan eligibility:

  • Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.  
  • 401(k) Plan – When an employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan that includes a company matching program and profit-sharing contributions. 
  • Paid Time Off (PTO) – Begins accruing on the first day of work; Interns, Temporary, and Seasonal Employees will earn PTO each pay period, based on 1 hour for every 30 hours worked. 
  • Transportation – Pre-tax savings for eligible transit and parking expenses.

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran. 

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Currently enrolled in and returning to, or recently graduated from, an accredited university; career changers to actuarial work may also qualify.
  • Working toward or completed a bachelor's degree in mathematics, statistics, actuarial science, economics, or another major with quantitative coursework.
  • At least one Society of Actuaries exam passed.
  • Solid understanding of basic actuarial concepts.
  • Ability to work independently and within a team.
  • Effective verbal and written communication skills for expressing technical concepts to diverse audiences.
  • Strong analytical and problem-solving skills.
  • Curiosity, strong desire to learn, attention to detail, organizational ability, and time-management skills.
  • Legally authorized to work in the United States without current or future immigration support or sponsorship.
  • Prior internship experience in health or actuarial-related work.
  • Exposure to R, SAS, SQL, Python, or VBA.
  • Junior or senior standing, or recent graduation.

Milliman Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Milliman and has not been reviewed or approved by Milliman.

  • Healthcare Strength Core coverage includes subsidized medical, dental, and vision, plus company-paid life, AD&D, and disability. Materials highlight robust health protections as part of the standard package.
  • Retirement Support A 401(k) with matching is paired with profit-sharing contributions described as generous. These features can significantly bolster long-term compensation when contributions are strong.
  • Parental & Family Support Paid parental leave and family-building support (adoption and fertility) are available alongside caregiver and emotional support resources. These programs extend protection beyond core insurance to meet family needs.

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The Company
HQ: Seattle, WA
3,644 Employees
Year Founded: 1947

What We Do

Milliman is among the world’s largest independent actuarial and consulting firms. Founded in Seattle in 1947, Milliman has offices in key locations worldwide. Through consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property & casualty/general insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to consulting actuaries, Milliman’s body of professionals includes numerous other specialists, ranging from clinicians to economists.

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