Actuarial Intern Spring 2027 (CMH Health

Exciting Spring 2027 internship opportunities!

Join our CMH Health Practice!

Milliman's CMH Health Practice is looking for motivated graduates or current college students pursuing a bachelor's or master's degree in actuarial science, math, economics, finance, statistics or another major with quantitative course work to participate in a full-time seasonal (winter-spring) internship with a focus on our Medicare Advantage and Medicare Advantage Part D business areas. We offer competitive pay with the opportunity to work on real world assignments in our vibrant, dynamic, and growing health consulting practice.

Candidates should be talented and hard-working individuals with strong math and analytical skills.

Independent for more than 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.

This internship will be a full-time seasonal position that requires significant time commitment and is not typically completed at the same time as college coursework. We are ideally looking to fill these positions with individuals who will be available to work during standard business hours and willing to work extended full-time hours (at least 40+ hours per week, along with extended hours, at times of 50+ or 60+ hours per week).

This role is eligible for overtime and any hours worked over 40 per week will be paid at time and one-half the hourly rate. The preferred start and end dates are mid-January 2027 to mid-June 2027 depending on business need.

• Challenging assignments with practical on the job experience
• Real world experience working during our busiest season (January through June)
• Competitive pay and high earning potential with the opportunity to work overtime and receive time and a half
• Work alongside some of the leading experts within the Medicare Advantage and Part D (MA-PD) healthcare industry
• Exposure to relevant case studies through our CMH Health training program which focuses on teaching basic and applicable concepts of the MA-PD program
• Within the MA-PD segment of our practice, exposure to a variety of actuarial functions, including experience studies, valuation, pricing, model development, and forecasting
• An opportunity to work alongside Milliman's premier MA-PD actuarial consultants, including those in senior management
• Development of your technical skills with platforms such as Excel, VBA, Python, and SAS
• Attendance at professional staff meetings and department meetings
• For those on an actuarial track, day of actuarial exam sitting is paid time off
• Mentorship from experienced actuaries
• Housing stipend may be provided
• Competitive pay
• Prospect of securing a full-time position with Milliman

• Perform data analysis using Excel, VBA, SAS, Python, and proprietary Milliman programs to assist with consulting in Medicare Advantage and Part D
• Pricing and analysis for Medicare Advantage and Part D plans
• Provide medical, dental, and/or pharmacy benefit design strategy support for insurance carriers
• Participate in consulting activitiesincludingpricing, reserving, financial, projections, and mergers and acquisitions
• Responsible for reviewing the work ofpeersand assisting with research and product development
• Coordinate with Consultants, Managers, Professional Staff, and fellow Interns as a project team to analyze claims data, quantify the cost of insurance coverage, and model payment scenarios for clients
• Responsible forthe majority ofthe technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions

• Pursuing abachelor’sor master’s degree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative course work
• Junior standing is preferred but not required.
  
  Freshmen and sophomores will also be considered
• Must be able to work full-time from…