About the role#
This internship offers a chance to combine pharmaceutical interests with business consulting. You will work within the healthcare insurance space to understand how employers manage pharmacy benefits, formulary coverage, and clinical rules. You will build relationships with consultants, pharmacists, and other interns while gaining insight into the pharmacy benefit management industry.
What you'll do#
- Work side-by-side with consultants who specialize in pharmacy benefit consulting.
- Research top medication drivers in the US that impact employers.
- Use analytic tools to develop reports, dashboards, and complex data analysis.
- Learn the complexities of PBM contracting and negotiations.
- Collaborate with other interns and professionals to achieve project outcomes.
What you'll need#
- High school diploma or equivalent.
- Current enrollment in a pharmacy program, with preference for incoming PharmD P2 or P3 students.
- Experience using PowerPoint and Microsoft Excel.
- A strong project management skillset.
Location & details#
- Locations: Wauwatosa, Wisconsin and Madison, Wisconsin.
- Term: Summer 2027.
- Work modality: Hybrid.
- This is a paid, full-time internship. Please note that we do not offer sponsorship for this position.
About M3 Insurance
M3 Insurance is a private insurance broker and risk management firm. Founded in 1968, the company provides employee benefits, property and casualty insurance, and retirement planning services. It operates from its headquarters in Madison, Wisconsin, and maintains multiple offices across Wisconsin, Illinois, and Michigan. The firm employs approximately 570 people.
How to get in at M3 Insurance
Securing an internship at M3 Insurance requires timing and visibility. Because many roles fill quickly, Intern Insider sends an instant alert the moment a position is published, allowing you to apply among the first candidates before the applicant pool grows. Early applications are often reviewed with more attention than those submitted late in the cycle. You can use Intern Insider to identify the specific recruiters managing M3 Insurance roles, which allows you to reach out directly to inquire about the position or request a referral. This proactive approach often improves your response rate compared to submitting an application into a general queue.
