Actuarial Internship

Posted 5 Days Ago
Be an Early Applicant
Flowood, MS, USA
In-Office
Internship
Insurance • Software
The Role
Support healthcare actuarial analysis by extracting and cleaning claims data, analyzing pricing, reserves, trends, and healthcare economics, and preparing exhibits and documentation for leadership. Collaborate with analysts and credentialed actuaries on operational activities while applying statistical modeling and maintaining strong communication, organization, accuracy, and time-management standards.
Summary Generated by Built In
Healthy Careers Start Here

At Blue Cross & Blue Shield of Mississippi our Actuarial team is at the forefront of evaluating healthcare risk, predicting medical cost trends and ensuring the long-term financial sustainability of our patient care models. We are seeking two motivated students to join our Actuarial Team.


As an Actuarial intern, you will assist actuarial personnel in analyzing vast amounts of data to aid in the development and monitoring of rating formulas and factors, product monitoring and pricing, as well as claim reserving and trending.  This internship offers an exceptional opportunity to apply theoretical statistical modeling to real-world healthcare data which directly supports our pricing, reserving and strategic planning efforts.


The program duration is scheduled for 10-12 weeks, during the months of June, July and August of 2027.  The positions are in offices at our Flowood, Mississippi campus and are paid.


What You’ll Do:

  • 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.

  Job-Specific 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.

 

Preferred Qualifications:

  • Enrolled in a Mississippi based College or University or Mississippi resident.

 

To be successful, you must:

  • 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.

 

How to Apply and the Process:

  • Set up a Workday account and complete your application process.
  • Attach a copy of a resume and cover letter.
  • Check your email for updates.
  • Processes may include phone screen, testing, in-person interview (s), background and drug testing.

It’s good to be Blue!

Blue Cross & Blue Shield of Mississippi is an Equal opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

We offer a comprehensive benefits package that is worth approximately one-third of the salary compensation. Our benefits program is among the best in the health care field. We are looking for employees who can bring their experience, expertise and dedication to work for our customers.

Skills Required

  • Currently pursuing a bachelor's degree in mathematics, actuarial science, statistics, or a related field requiring a strong mathematical background
  • At least junior-level academic standing by the end of Spring 2027
  • Minimum GPA of 3.25
  • Proficiency with Microsoft Office Suite and strong PC skills
  • Enrollment in a Mississippi-based college or university or Mississippi residency
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The Company
HQ: Flowood, Mississippi
350 Employees

What We Do

At Blue Cross & Blue Shield of Mississippi, we work daily to help Mississippians find their personal answers to this question through health and wellness partnerships with quality healthcare providers, employer groups and community leaders across the state. Our goal is to help each person along their journey to a healthier life… their Blue Wellness Journey. Our health and wellness benefits are designed to support our members in understanding their health and in receiving the care they need at the right time and place, beginning with establishing a healthy relationship with a Primary Care Network Provider through an annual wellness visit at no out-of-pocket cost. We partner with our Network Providers to ensure the highest quality, evidence-based care is provided in each care setting from primary care to specialty care through our Primary Care Home, Blue Distinction+ Centers of Excellence and Maternity Care Quality initiatives. We partner with employer groups to make every workplace a healthy workplace by providing tools and information to help employees take ownership of their health and understand and make the most of their benefits, all while working to manage health and healthcare costs. We partner with community leaders and organizations to make healthy living resources available to all Mississippians through the work of the Blue Cross & Blue Shield of Mississippi Foundation, our support of the arts and culture and our Team Blue volunteers. These partnerships and our dedicated team of employees are making a difference every day, in our communities and in the lives of each person we reach. So, what does it mean to be healthy? The answer is about you, your health, your life… and all its possibilities. Live healthy. Live Blue.

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