Health Care Service Corporation (HCSC) is an independent licensee of the Blue Cross Blue Shield Association and a major U.S. health insurance and healthcare services organization. It serves nearly 23 million people through coverage and benefit programs for employers, individuals, families, and members of Medicare and Medicaid. Beyond health insurance, HCSC provides pharmacy services, life and dental coverage, and health data technology. With nearly a century of experience, the company works across insurance, healthcare, and consulting to expand access to care, support better health outcomes, and help manage costs for members and communities. Its broad operations create career opportunities spanning health benefits, healthcare services, technology, data, and related business functions.
Healthcare Underwriting Intern – Chicago Hybrid
Support employer-sponsored healthcare underwriting through risk analysis, benefit design review, pricing support, financial settlements, and cross-functional projects at HCSC.
Description
- Build knowledge of underwriting methods used to assess risk for employer-sponsored healthcare renewals and new business
- Analyze customer benefit designs from a financial perspective
- Coordinate with sales and account management teams during pricing negotiations
- Support the preparation and completion of financial settlements
- Take part in HCSC’s structured internship program while contributing to business goals and member-focused solutions
- Collaborate with business and technical teams across functions
- Contribute to projects by analyzing information and helping develop organizational solutions
- Learn and use organizational processes, programs, and technologies
- Manage assigned project components and deliverables with support from a mentor and manager
- Research topics, evaluate data, and formulate recommendations for business decisions
- Assist departmental initiatives designed to improve business results and member and client experiences
- Prepare and present a final internship project to department leadership
- Protect confidential information and follow HIPAA, Diversity Principles, Corporate Integrity, and applicable compliance policies
Requirements
- Currently pursuing a bachelor’s degree as a rising senior in a business-related discipline; other majors may be considered
- Expected graduation between December 2027 and June 2028
- Cumulative GPA of at least 3.0 on a 4.0 scale
- Able to participate for the complete 10-week program
- Unrestricted authorization to work in the United States; sponsorship is unavailable
- Effective verbal and written communication skills
- Strong analytical ability
- Practical proficiency with personal computers, particularly Excel and Word
- Foundational mathematical skills
- Able to manage multiple tasks, set priorities, and organize time effectively
Benefits
- Paid 10-week internship
- Individualized development plans
- Structured orientation for interns
- Hands-on project addressing real business needs
- Weekly networking with interns and company leaders
- Professional development workshops
- Volunteer opportunities
- Health and wellness programs
- 401(k) savings plan
- Pension plan
- Paid time off
- Paid parental leave
- Disability insurance
- Supplemental life insurance
- Employee assistance program
- Paid holidays
- Tuition reimbursement
- Additional incentives
- Annual incentive bonus plan