2026 Actuarial Summer Internship â Minneapolis (Hybrid/Remote)
2026 Actuarial Summer Internship â Minneapolis (Hybrid/Remote)
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$ 25 - 45
1 Vacancy
Job Description
The 2026 Actuarial Summer Internship position will assist in completing projects related to health insurance long-term care insurance and/or related predictive modeling for the Minneapolis Health and Life practice using data processing and actuarial modeling software to support our clients needs. This position requires a full-time commitment of 40 hours per week for approximately 3 months.
Who We Are
Independent for over 75 years Milliman delivers market-leading services and solutions to clients worldwide. Today we are helping companies take on some of the worlds most critical and complex issues including retirement funding and healthcare financing risk management and regulatory compliance data analytics and business transformation.
Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERGs) are employee-led communities that influence policy decisions develop future leaders and amplify the voices of their constituents. We encourage our employees to give back to their varied professions including leadership in professional organizations. Please visit our web site ( to learn more about Millimans commitments to our people inclusion and sustainability.
Through a team of professionals ranging from actuaries to clinicians technology specialists to plan administrators we offer unparalleled expertise in employee benefits investment consulting healthcare life insurance and financial services and property and casualty insurance.
What You Will Do
In this role you will:
- Problem-solve using spreadsheets databases and other resources to clean synthesize and/or analyze data and information
- Communicate results to peers and project leaders
- Review the work of your peers
- Prepare and document project files
- Assist with research and business development projects
- Gain valuable experience working with health care data using a variety of software applications
What We Are Looking For
Professional Qualifications:
- Minimum current GPA of 3.0 but preference to candidates with a 3.5 or higher
- Pursuing a degree in actuarial science statistics mathematics or related field
- Working knowledge of spreadsheet and word processing software
- Strong analytical and problem-solving skills
- Effective communication skills with the ability to express complex technical concepts verbally and in writing to diverse audiences
Personal Qualifications:
- Excellent attention to detail
- Ability to learn existing processes quickly
- Ability to apply knowledge and concepts to a variety of different tasks
- Strong organizational abilities and time-management skills
Preferred Qualifications:
- Passed at least one actuarial exam
- Experience with healthcare or health data
- Working knowledge with database applications such as Access VBA
- Computer and statistical programming experience SAS Python and/or R
- Experience with cloud computing
- Ability to work independently
- Will be graduating no later than June 2026 from an accredited university
Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.
The Team
The Minneapolis Health and Life practice is composed of healthcare and long-term care insurance professionals who provide our clients with industry-leading consulting services. We also develop and maintain innovative products that complement our consulting services. We are an expanding group with experience leading the way in industries that continuously change and evolve. Our office encourages an open and collaborative work environment to help our professionals grow and thrive.
The actuarial team is involved in work that supports all areas of the practice. The analyses and techniques used are cutting edge while providing clients with accurate and easily interpreted business results. Employees balance working independently and collaborating with other team members. Analysts actuaries and subject matter experts work closely together to ensure solutions are both accurate and solve the correct problem for the client.
Location
The expected application deadline for this job is September 30 2025.
This role is based out of the Milliman office in Minneapolis Minnesota but candidates hired into this role may either work remotely anywhere in the US or in the office on a weekly basis with flexible work arrangements.
Compensation
The overall salary range for this role is $21 - $45. For candidates residing in:
- Alaska California Connecticut Illinois Maryland Massachusetts New Jersey Pennsylvania Virginia Washington or the District of Columbia the salary range is $23 - $41
- New York City Newark San Jose or San Francisco the salary range is $25 - $45
- All other locations the salary range is $21 - $37
A combination of factors will be considered including but not limited to education relevant work experience qualifications skills certifications etc.
Benefits
We offer competitive benefits which include the following based on plan eligibility:
- Employee Assistance Program (EAP) Confidential support for personal and work-related challenges.
- 401(k) Plan When an employee reaches 1000 hours worked within 12 consecutive months they become eligible for a 401(k) plan that includes a company matching program and profit-sharing contributions.
- Paid Time Off (PTO) Begins accruing on the first day of work; Interns Temporary and Seasonal Employees will earn PTO each pay period based on 1 hour for every 30 hours worked.
- Transportation Pre-tax savings for eligible transit and parking expenses.
Equal Opportunity
All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation national origin disability or status as a protected veteran.
Required Experience:
Intern
Employment Type
Full-Time
