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Underwriting Summer Internship at Blue Cross and Blue shield of Massachusetts, Inc.

Posted in Other 30+ days ago.

Location: Boston, Massachusetts





Job Description:

Ready to help us transform healthcare? Bring your true colors to blue.

Blue Cross Blue Shield is excited to offer rising college seniors an eleven-week virtual summer internship.

To realize a different future for healthcare, we need a different kind of workforce. One that unites diverse backgrounds, cultures, and perspectives to help us disrupt, innovate, and break through. So, don't hold back. Bring your true colors to Blue

The Underwriting internship will expose the intern to multiple facets of the healthcare business from an underwriting lens. The intern will learn some of the basics of medical and dental insurance as well as Underwriting's impact on the company. Projects include working on 51-99 prospect accounts alongside experienced underwriters, as well as approving underwriting operations. Such project work will build skills in data mining research, compilation, and organization. The final product will be presented to Underwriting leadership.

The intern will end the summer able to independently perform the proper analysis and pricing of prospect business to produce a quote for review. Outside of the Underwriting team, the intern is encouraged to take full advantage of any corporate internship opportunities offered to enhance their experience during the period of their engagement

Required knowledge/skills/abilities/behaviors:

* Demonstrate strong initiative.

* Analytic thought process with ability to work in a fast-paced environment

* Demonstrate and interest in professional development.

* Have proven record of success in their scholastic career.

* Employ functional and technical skills when performing all assignments

* Able to apply changes to previously learned processes or adopt new ones

* Develop cooperative relationships with associates and peers.

* Recognize and change daily priorities to perform work routine and accomplish activities

* Comfortable utilizing mathematical models to develop account quotes that accurately project future costs, and price alternative plans.

* Proficiency in Excel and Word, and ability to learn new software/tools.

* Creative problem-solving ability is required.

* Ability to work both independently and in a group

Experience and Education:

* Positive progress toward Undergraduate degree from an accredited college/university is required. Degree in Mathematics, Finance, Business, Healthcare Management or Economics is preferred.

* Must possess superior oral and written communication skills to explain difficult technical concepts to clients, consultants, operations, and sales staff.

* Flexible customer service style and ability to work independently with internal/external business partners.

* High level of thoroughness and strong attention to detail. Commitment to high standards of performance and willingness to put in extra effort to achieve goals.

Minimum Education Requirements:

High school degree or equivalent required

Location

Boston

Time Type

Full time

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. We provide a flexible hybrid work model in which roles are designated as resident (on site 4-5 days/week), mobile (on site 1-3 days/week), or eworker (on site 0-3 days/month).

Blue Cross Blue Shield of Massachusetts, has a COVID-19 vaccination requirement for building entry. Your offer of employment is dependent upon either being fully vaccinated for COVID-19, or receiving an eworker exemption and/or accommodation based on a disability or sincerely held religious belief, practice, or observance by submitting a request to Human Resources.


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