About the role#
This is a full-time, seasonal internship within our CMH Health practice. You will work on real-world assignments, focusing on Medicare Advantage and Part D business. This role requires a significant time commitment during our busiest season, typically requiring 40 to 60 hours per week. You will receive competitive pay and are eligible for overtime at time and one-half.
What you'll do#
- Perform data analysis using Excel, VBA, SAS, and Python.
- Conduct pricing and analysis for Medicare Advantage and Part D plans.
- Provide benefit design strategy support for medical, dental, or pharmacy insurance carriers.
- Coordinate with consultants and managers to analyze claims data and model payment scenarios.
- Review peer work and assist with research and product development.
- Participate in consulting activities including reserving, financial projections, and mergers and acquisitions.
What you'll need#
- Pursuing a bachelor’s or master’s degree in actuarial science, mathematics, economics, finance, accounting, or related quantitative fields.
- Junior standing is preferred, though freshmen and sophomores will be considered.
- Availability to work full-time from mid-January 2027 to mid-June 2027.
- A 3.2 GPA or above is preferred.
- For those on an actuarial track, having passed at least one actuarial exam is preferred.
- Legal authorization to work in the United States without the need for sponsorship.
Location & details#
- This position is located on-site in Chicago, Illinois; Brookfield, Wisconsin; or Windsor, Connecticut.
- If working on-site, you are expected to be in the office at least three days per week.
- This is a paid internship.
About Milliman
Milliman is an independent actuarial and consulting firm founded in 1947. Based in Seattle, the company maintains a global presence with offices across multiple continents. It employs over 4,500 professionals who provide consulting services in healthcare, employee benefits, life insurance, and financial services. The firm serves a diverse client base including government agencies, educational institutions, and private businesses.
How to get in at Milliman
Applying early at Milliman provides a distinct advantage because recruiters review candidates before the applicant pool grows too large. Intern Insider sends an instant alert the moment a role matching your target is published, helping you get your materials in among the first. This timing often determines whether your application receives a thorough review or gets lost in the volume of later submissions. You can use this lead time to refine your resume to match the specific consulting practice you are targeting. Reaching out to the recruiters behind Milliman roles directly can also improve your response rates. Intern Insider surfaces the specific professionals managing these openings, allowing you to ask relevant questions or request a referral. Connecting with the right person shows genuine interest in the firm and helps you stand out from the standard queue.
