Apply on Employer Site

Chubb · 1 month ago

Risk Management Intern

Chicago, IL

Internship

Onsite

Intern

$18/hr - $24/hr

Start in 2026 Summer

Chubb is a leading provider of individual supplemental insurance products. The Risk Management Intern will support the Global Risk Management team by performing vendor risk assessments, monitoring risk exposures, and educating the business on risk policies and processes.

Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management

Responsibilities

Performing vendor risk assessments for partner organizations that are looking to work with Combined Insurance to validate the existence of a proper control environment

Monitoring of risk exposures in conformity with the risk principles, profile, appetite, and limits approved by the Board of Combined Insurance while aggregating and reporting material risks

Partnering closely with the other control functions, supporting the Combined Insurance Company, to ensure that operational controls meet management's need for risk oversight

Supporting the Global Risk Management team in educating the business on risk policies, processes and applications as needed and promoting a strong fiduciary risk management culture

Reviewing user access reports to ensure that the assigned access is appropriate based on the role the individual has within the organization and working with the management team to ensure that the access has been approved per the guidelines

Attending Risk Management meetings, including overseeing the status of any remediation programs necessary to address control issues and providing regular reports to Management

Reviewing new business opportunities and outsourcing Initiatives while creating an awareness of relevant risks

Working with the management team to evaluate the resilience of the business continuity framework in place to support the departments recovery plans

Qualification

Risk managementMicrosoft OfficeAnalytical skillsCommunication skillsSelf-leadershipInterpersonal skillsClient focusedWork ethic

Required

Efficient in Microsoft Office, especially Excel, Word and Power Point

Familiarity with risk management, audit and management control concepts

Excellent oral and written communication skills

Basic analytical, decision making and problem-solving skills with strong attention to detail

Strong record of academic achievement (minimum 3.0 cumulative GPA to qualify)

Actively enrolled in an undergraduate or graduate program (December 2026 or May 2027 graduate, preferred) in a Business Administration such as Finance, Audit, Accounting, Risk Management or another similar, relevant discipline

Local to Chicagoland area; must be able to work in office 4 days/week

Preferred

Risk Management – preferred majors: Risk Management, Business Administration, Finance, Accounting, Data Analytics, Business Intelligence, Computer and Information Systems, Information Technology or other related degree