Job Description

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.

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

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.

Pay

$25.00 per hour for Undergraduate

$30.00 per hour for Graduate

About Our Internships

Our paid internship program is thoughtfully curated to provide students with experience and exposure to the health professional industry. Interns will be given the opportunity to get hands-on experience with real work projects, build meaningful relationships and connections within the organization, and experience our mission and enterprise goals through our program curriculum centered on our leadership model (Personal, People, Thought, and Results Leadership). To see more about our internship program, check out this video.

Our Summer 2027 Internship is June 14th or June 21st through August 20th, 2027.

Application Process and Timeline:

• Now: Actively accepting applications
• October/November: If you meet the requirements, you will receive an invitation to meet with our Talent Acquisition Team
• November: 2nd round interviews & offers extended

As an intern at Blue Shield of California, you will:

• Participate in impactful projects during a 10-week internship program
• Undertake a 10-week curriculum designed to familiarize interns with BSC, leadership development, exposure to the healthcare industry, and more
• Be invited to participate in BSC employee events and networking opportunities such as Employee Resource Groups, employee volunteer activities, and more