Valuation Analyst Intern Jobs in Springfield, MA

Milliman’s CMH Health Practice is looking to hire a part-time seasonal healthcare analytics intern for the fall of 2026 (September to December 2026). We offer competitive pay with the opportunity to work on real world assignments in our vibrant, dynamic, and growing health consulting practice.

Who WeAre 

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. 

Our Internship Provides You 

• Challenging assignments with practical on the job experience 
• Exposure to a variety of analytical functions, including experience studies, valuation, pricing, model development, and forecasting 
• An opportunity to work alongside Milliman’s premier 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 
• Mentorship from experienced actuaries and data analytics professionals 
• Competitive pay
• Prospect of securing a full-time position with Milliman 

Job Responsibilities 

• Perform data analysis using Excel, VBA, SAS, Python, and proprietary Milliman programs to assist with various consulting projects
• 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

Minimum requirements 

• Pursuing abachelor’sor master’s degree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative course work 
• Past internship or work experience with an actuarial firm doing data analysis is preferred, including with Milliman 
• Junior standing is preferred but not required.Freshmen and sophomores will also be considered 
• Must be able to work part-time from September 2026 to December 2026

Competencies and Behaviors that Support Success in this Role 

• Ambition and excitement for professional development 
• Good academic standing (3.2 grade point average or above is preferred)
• Leadership experience and involvement in extra-curricular activities
• Experience working with SAS,VBA, or other coding languagesis advantageous
• Strong communication skills (both verbal and written) 
• A detail-oriented self-starter with an entrepreneurial spirit inspired to contribute to the success of any project 
• Ability to work on multiple types of projects at one time 
• Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures 
• Analytical thinking skills to evaluate analyses fordownstream impact 
• Strong time management skills
• Ability to work independently andin a team environment 
• Demonstrates integrity in all functions of work 
• Excel, programing, and prior internship experience or work is a plus, but not a requirement for this position 

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 

Milliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issues—from assessing the impact of healthcare reform on organizations or populations to streamlining operations while advancing the quality of patient care. Our consulting work is supported by a powerful toolkit of data analytics solutions and informed by the most trusted, comprehensive set of cost guidelines in the industry. 

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. 

Location:

It is preferred that candidates work on-site at our Brookfield, WI, Chicago, IL, or Hartford, CT office, however, remote candidates will be considered. The expected application deadline for this job is January 17, 2027.

Compensation:

The overall range for this role is $19.00 - $43.00 per hour. For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the range is $21.00 - $43.00 per hour
• All other locations the range is $19.00 - $35.00 per hour

Benefits:

• Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
• 401(k) Plan – When an employee reaches 1,000 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.

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