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Early Careers - Actuarial Intern

Health Care Service Corporation · Chicago, IL · $18.46–$37.84 an hour · Full time

Posted Sep 23, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a time you owned part of a group project from start to finish.

What they are checking: Ownership of deliverables, which the posting expects even with mentor guidance.

Tell me about a mistake you made on a project and how you fixed it.

What they are checking: Honesty and learning, which matter when early work feeds financial statements.

What would you do

You are converting a reserve model into new software and the totals do not match the old model. What do you do?

What they are checking: Patience and method in reconciling differences, which is the hard part of model conversions.

How would you present a recommendation from your analysis to managers who have more experience than you?

What they are checking: Confidence and clarity when interns are asked to inform real business decisions.

About the work

Past intern projects included modeling provider payments and discounts. How would you approach a model like that?

What they are checking: Whether they can break a modeling problem into inputs, logic and checks before starting.

Tell me about a database or dataset you designed or maintained. How did you keep it clean?

What they are checking: Data skills the posting lists, including designing and maintaining databases.

Which actuarial exams have you passed, and what topics stuck with you most?

What they are checking: Exam progress and whether the material makes sense to them beyond memorizing.

How would you check that a forecasting model is producing reasonable results?

What they are checking: Basic validation habits like comparing to history and testing changes in assumptions.

What do you think makes health insurance pricing hard to get right?

What they are checking: Curiosity about health care costs and an early sense of uncertainty in pricing.

How comfortable are you with programming, and which language would you use to clean and analyze a large file?

What they are checking: Practical coding ability for data gathering and compiling, which is daily intern work.

Practice this interview out loud.

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The full job description

As published by Health Care Service Corporation.

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers. Join HCSC and be part of a purpose-driven company that will invest in your professional development. Job Summary This ten-week paid internship can be in Chicago, IL or Richardson, TX What Are Your Responsibilities? The successful candidate for this position will work closely with both management and actuarial students in support of some of our major departmental functions. This support consists of modeling experience, gathering, and compiling data from various sources, designing and maintaining databases, and producing reports for internal and external uses. In the past few years, projects have included modeling provider payments and discounts, redesigning a forecasting model, converting our reserve model into a new software package, and preparing yearly financial statements. This role will also need to: · Own components of project work and deliverables with guidance from an assigned mentor and manager. · Conduct research, analyze data and information, and develop recommendations that inform real business decisions. · Collaborate with cross-functional teams. · Support departmental initiatives that improve business outcomes and the member and client experience. · Develop and deliver a final internship presentation to department leadership covering the project, results, and recommendations. · Maintain complete confidentiality of company business and comply with HIPAA, Diversity Principles, Corporate Integrity, and applicable compliance policies. What Do You Need to Be Successful? · Previous internship experience preferred. · Demonstrated interpersonal skills including verbal and written communication. · Strong analytical skills · Practical, developed technical skills, especially Excel, SQL and VBA What Are the Requirements You Must Meet? · Pursuing a bachelor’s degree; rising senior with a major in actuarial science, mathematics, statistics, finance, computer science or economics. Other majors may be considered. · Completion of or plans to complete 1 ASA (Associate of the Society of Actuaries) exam by graduation. · Graduation date between December 2027 and June 2028 · Minimum cumulative GPA of 3.0/4.0. · Available for the full duration of the 10-week program. · Demonstrated intellectual curiosity, strong communication skills, and a collaborative, learning-oriented mindset. · Working proficiency with Microsoft Office (Word, Excel, PowerPoint) and general comfort with virtual collaboration tools. · Unrestricted authorization to work in the United States; sponsorship is not available for this role. What Does the Internship Program Entail? · Formal Intern Orientation to build business and industry acumen. · Challenging real-world hands-on project · Weekly networking opportunities among interns and company leaders · Professional development workshops · Volunteer activities #LI-Hybrid #LI-JT1 #hcscintern Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process! Pay Transparency Statement: At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards . The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan. HCSC Employment Statement: We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. Base Pay Range $18.46 - $37.84 Exact compensation may vary based on skills, experience, and location.

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