Audit Services Internship
Why choose an internship with Wellmark? We strive to offer meaningful work that assists in your professional development and provides value to the team. You will gain valuable experience within the health insurance industry and put the skills and knowledge you’ve acquired in school to practice. You will have the opportunity to learn from subject matter experts and leaders within the industry, network with fellow internship program participants, and gain practical, hands-on work experience.
If you are eager to learn, collaborate with others, demonstrate your potential, develop customer-focused solutions, and grow into an exciting career, we hope you’ll consider an internship with us!
What’s Audit Services? Audit Services is a department within the Legal Division of Wellmark. The Audit department serves as a highly-valued key resource by continuously working to improve the control environment and instill risk conscious behavior throughout the organization. Audit contributes to Wellmark's success by providing a broad array of value-added audit and consulting services that improve the effectiveness of risk management, business control, and governance processes.
What team deliverables might I support? In general, you will gain knowledge and be exposed to multiple areas of audit including, Internal Audit (Financial, Operational, Information Technology), Compliance Audit, Performance Audit & Investigation, Model Audit Rule, and Enterprise Risk Management. Although subject to change, examples of work are included below:
- Perform financial, operational, and compliance audit work to help Leadership manage risk and identify issues that require resolution.
- Prepare summaries of identified audit findings.
- Provide assistance to external auditors during the interim and year-end financial audit and the SOC 1 audit.
- Test controls for Wellmark’s Model Audit Rule program to ensure controls are working effectively, conduct walkthroughs of the process, and evaluate effectiveness of the control.
- Review populations of data against established parameters for accuracy and completeness. This analysis includes an overall review of operational procedure efficiency, methods, controls, and performance.
- Perform entry to intermediate level audits, reviews, and analysis of transactions within end to end processes, such as claims and membership & enrollment.
Ready to bring your strengths to Wellmark? Here’s what’s next! Review the qualifications below. If the position is a match with your passion and interests, submit your application today!
This internship will start in May of 2025, working a hybrid schedule from our headquarters in Des Moines, Iowa. You may then have the opportunity to transition part-time in the fall of 2025.
Qualifications
- Current Junior, Senior or Master's student pursuing a Bachelor's degree in Finance, Accounting, Business, or related major
- Prior experience in a business setting
- Demonstrated computer skills in Microsoft Excel and Word
- Excellent written and verbal communication skills
- Demonstrated ability to take initiative
- Ability to analyze and organize data in a consistent and logical fashion
- Proven problem solving, innovation, and technical adaptation skills
- Ability to work independently and clearly communicate results of data analytics and modeling
- Available to work a hybrid schedule 10-20 hours/week during the academic year; in-office days: Tuesday, Wednesday and Thursday
Additional information
All your information will be kept confidential according to EEO guidelines.