Actuarial Intern

Your Role 

The Actuarial, Underwriting, and Financial Analytics team oversees our finance operations, underwriting, analytics, actuary, corporate development, cost of healthcare, global business services, internal audit services, controller and finance shared services functions and responsibilities at Blue Shield of California.

The Actuarial Intern will report to an Actuarial Manager. In this role, you will gain a deep understanding of the health care industry basic practices, develop technical skills, and contribute lasting models and exhibits that increase our efficiency and effectiveness.

Our leadership model is about developing great leaders at all levels and creating opportunities for our people to grow – personally, professionally, and financially. We are looking for leaders that are energized by creative and critical thinking, building and sustaining high-performing teams, getting results the right way, and fostering continuous learning.
 

Responsibilities

Your Work 
In this role, you will:

• Support the analytics needed to optimize our membership, cost of healthcare, and revenue
• Develop tools and exhibits to improve our marketability in our highly competitive environment
• Learn or improve upon all coding languages as necessary
• Support the analytics needed to understand network configuration scenarios and/or provider contract negotiation
• Develop a deep understanding of healthcare industry provider reimbursement structure
• Be a part of the industry movement towards value-based care
• Gain an understanding of how finance work connects to Blue Shield of California’s mission to create a healthcare system that is worthy of our family and friends and sustainably affordable
   

Qualifications

Your Knowledge and Experience

• Pursuing a Bachelor's degree in a quantitative field, such as Mathematics, Accounting, Finance, Business Administration, Economics, or Actuarial Science
• Serious interest in pursuing an actuarial career by having taken at least 1 actuarial exam prior May 2027
• Preferred 1-2 years of related professional experience, project, or coursework
• A robust analytical skill set (Microsoft Excel proficiency experience is required)
• Financial acumen and ability to synthesize data into insights and/or reporting
• Ability to work both independently and as part of a team
• Strong relationship management and interpersonal skills
• Ability to balance multiple priorities and meet deadlines

Hybrid 
This role requires employees to be in-office based on our hybrid workplace model, balancing purposeful in-person collaboration with flexibility. For most teams, this means coming into the office two days each week.    Employees living more than 50 miles from an office location will work with their manager to determine in-office time based on business need.