Blue Cross Blue Shield of Massachusetts · 20 hours ago
Actuarial Intern
Boston
Internship
Onsite
InternBlue Cross Blue Shield of Massachusetts is seeking an Actuarial Intern for an 11-week internship program designed for students interested in an actuarial career. Interns will work on challenging projects in the actuarial and analytics spaces, gaining valuable experience and knowledge in the field.
AssociationCommunitiesHealth InsuranceInsuranceMedicalNon Profit
No H1B
Responsibilities
Research and develop drug utilization trend reports at the therapeutic class level for the Medicare population
Analyze the profitability and competitiveness of market segments by geographic region in order to build out new area factor recommendations for rate setting
Develop models to calculate rebate liability exposure for current and future years for the Merged Market and Medicare Advantage lines of business
Determine the magnitude and drivers of behavioral health claims in light of COVID-19 and increased telehealth usage
Explore patterns in members with large claims and develop a model to predict the financial impact of members entering the federal High Cost Risk Pool
Evaluate the benefit buydown calculation used in medical expense reporting, trend projections and benefit change pricing factors used by multiple business areas
Create a model to identify members with major chronic conditions to support plan and account analytics
Update and provide enhancements for the best-in-class efficiency score reporting process
Qualification
Required
Student currently pursuing coursework in Mathematics, Statistics, Actuarial Science, Economics, Business, Finance or other related path required
Demonstrated interest and aptitude in pursuing a math, analytics or actuarial career path
Ability to work independently and as a member of a team, required
Ability to present information in an easy to understand format both written and verbal
Proficiency with Microsoft Word, Excel, and PowerPoint required
Ability to work in the US without sponsorship now, and in the future, required
High school degree or equivalent required unless otherwise noted above
Preferred
Past work or leadership experience preferred (includes on-campus, volunteer, internships and other work)
Experience with data visualization and/or coding language(s) (SAS, SQL, R, Python, Tableau, etc) a plus
Benefits
Paid time off
Medical/dental/vision insurance
401(k)
A suite of well-being benefits to eligible employees
Company
Blue Cross Blue Shield of Massachusetts
Blue Cross Blue Shield of Massachusetts is a state licensed private health insurance company
Founded in 1937
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Sarah Iselin
President and Chief Executive Officer
Sophie Clarke
Chief Strategy Officer
Recent News
2025-12-09
2025-11-24
Boston Globe
2025-11-14
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