2018 Summer Intern - Underwriting

<p><strong>With more than 8,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust. Interested in joining us?</strong></p>

Detroit, MI

Blue Cross Blue Shield of Michigan (Internships)

Our Mission: We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health. Our Customer Commitment: We aspire to be clear and simple, to help you make the right choices, to offer valuable coverage, and help you get quality health care for you and those you love. Our Commitment to our Social Mission: Increasing access to affordable health care Enhancing the quality of care patients receive Improving the health of Michigan&rsquo;s citizens and communities.&nbsp; <p><br />Our employees are eligible for several great perks:</p> <ul> <li>Comprehensive medical, dental and vision insurance</li> <li>401(k) with company match</li> <li>Annual bonuses</li> <li>Tuition assistance</li> <li>Paid parking</li> </ul> http://www.bcbsm.com

keywords: insurance,communication,reporting,healthcare,support,teamwork,quality assurance,analysis,research,insurance,solutions,experience,education

Internship

Overview: <h3><span style="font-family: Arial; font-size: medium;">Interns will get&nbsp;the opportunity to observe and get a general understanding of how the underwriting world works from a BCBSM perspective.&nbsp;&nbsp;</span><span style="font-family: Arial; font-size: medium;">Interns will learn about the various activities and reporting that is done&nbsp;in&nbsp; either&nbsp;Small&nbsp;Group, Large Group, New Business and Individual Underwriting.</span></h3> <h3><span style="font-family: Arial; font-size: medium;">Interns will:</span></h3> <ul> <li><span style="font-family: Arial; font-size: medium;">Understand aspects of Health Insurance products and Benefit Design</span></li> <li><span style="font-family: Arial; font-size: medium;">Understand the&nbsp; rating process and drivers of rate development</span></li> <li><span style="font-family: Arial; font-size: medium;">Learn the importance of open communication with&nbsp;partners</span></li> <li><span style="font-family: Arial; font-size: medium;">Understand the impact of Healthcare Reform</span></li> </ul>
Responsibilities: <ul> <li>Assist in development of quotes</li> <li>Research accuracy of current rating factors</li> <li>Participate in weekly group discussions with partners</li> <li>Assist in projecting performance of current groups</li> <li>Learn about quarterly settlements</li> <li>Learn about group renewals</li> <li>Learn how to estimate claims run out</li> <li>Development of&nbsp;processes&nbsp;</li> <li>Testing of systems</li> <li>Assist in generating quarterly settlements</li> <li>Assist in generating group renewals</li> </ul>
Requirements: Ideal candidates for the Underwriting&nbsp;internships should:<br /><br /> <ul> <li>Major in&nbsp;Finance,&nbsp;Mathematics, Economics, Statistics , Informatics&nbsp;or other majors with a strong analytical focus</li> <li>Have an overall GPA of 3.0 or better, 3.5 preferred</li> <li>Be able to demonstrate strong problem solving skills and&nbsp;analytic skills</li> <li>Have previous work experience</li> <li>Have an interest in Insurance&nbsp;and/or Risk Management</li> </ul>