Market Risk Analyst Internships
Market risk analyst internships give university students, recent graduates, and early-career switchers hands-on project experience working with real trading data and risk models, mentorship from working market risk analysts, and, at many employers, a path toward a full-time offer. Openings are concentrated across {{top_industries_phrase}}, with Bunge, Marsh, and FHLBank Chicago among the employers posting roles now.
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Company:
MarshDescription:
Special note: This position may close once a sufficient applicant pool has been reached, so interested candidates are encouraged to apply early.
This role requires a cover letter. Continue reading for specific instructions.
We are seeking talented individuals to join our Marsh Early Career Program Summer Internship , part of our Risk Consulting business at Marsh. These roles will be based in Chicago, Dallas and Houston with an anticipated start in June 2027. This is a hybrid role that has a requirement of working at least three days a week in the office.
Join Marsh's Early Career Program as a Summer Intern, a 10-week experience designed to provide you with the risk consulting toolkit you need to accelerate your career at Marsh. Under close supervision, you will work alongside experienced consultants and gain exposure to how technical analysis and engineering principles are applied to real-world client challenges.
As part of our program benefits, you will have a vibrant cohort community and a dedicated program team providing learning and development opportunities, a mentorship program, exposure to senior leaders, and valuable networking opportunities. You’ll end your internship with a summer capstone presentation, giving you the opportunity to apply what you’ve learned and present your work to your team and senior leadership.
Within Marsh Risk, our Risk Consulting Practice combines engineering expertise, research, data, and analytics to help clients better understand and manage complex risks. Our consultants evaluate physical and operational exposures, identify opportunities to strengthen resilience, and develop practical strategies that help protect people, property, and business operations.
Upon completing the summer internship, exceptional juniors may be offered the opportunity to join our full-time program at Marsh.
Available Teams
Candidates applying for this role will be asked to select their preferred practice area(s) of interest to be considered for:
- Specialty Risk Engineering (SRE)
- Property Risk Consulting (PRC)
Each practice offers a distinct focus area within their specialty. Office availability varies by team, and candidates will be aligned accordingly during the application review process.
Property Risk Consulting (PRC) - Chicago
Our Property Risk Consulting (PRC) team uses engineering and technical expertise to help clients identify, assess, and mitigate risks that could impact their physical assets and operations. The team develops strategies designed to reduce the likelihood and potential impact of property loss, strengthen business resilience, and help clients minimize operational disruption.
This opportunity is best aligned with students pursuing degrees in Fire Protection and Safety, Energy, Mechanical, Civil, Industrial Engineering, or other related technical disciplines.
We will count on you to:
- Research engineering codes, standards, and industry guidance, including resources such as NFPA and FM Global, to support client risk assessments and projects.
- Participate in client site surveys alongside experienced consultants, gathering and documenting information related to construction, occupancy, protection systems, and other facility risk exposures.
- Analyze and summarize technical information and research findings to support risk mitigation recommendations and client deliverables.
- Present research and project findings to colleagues, building your ability to translate technical information into clear and practical insights.
Specialty Risk Engineering (SRE) - Chicago, Dallas, or Houston
Our Specialty Risk Engineering (SRE) team helps clients understand and manage property and natural catastrophe risks through engineering analysis, loss estimates, risk improvement strategies, and technical reporting. The team works closely with clients and insurance markets to evaluate exposures and develop strategies that strengthen resilience and help reduce the overall cost of risk.
This opportunity is best aligned with students pursuing Geospatial, Energy, Mechanical and Electrical Engineering. However, students from other engineering disciplines with relevant technical interests are also encouraged to apply.
We will count on you to:
- Support client projects by conducting research and contributing to internal and external communications.
- Analyze property and natural catastrophe risk information to help identify exposures, trends, and potential risk mitigation opportunities.
- Participate in client site visits and engineering assessments by gathering information related to exposures, protection systems, mitigation measures, and operational resilience.
- Collaborate with Marsh colleagues to use internal tools, external data sources, and technical information to support reports, loss estimates, and client insights.
What you need to have:
- Graduation date between Fall 2027 and Spring 2028.
- Currently pursuing a bachelor's degree in engineering or a closely related technical discipline.
- Foundational knowledge of Microsoft Excel, including organizing data, using basic formulas, and completing simple analyses.
- Ability to approach technical questions with curiosity and logical thinking.
- Ability to manage multiple responsibilities in a timely and organized manner while demonstrating attention to detail.
- Comfort taking ownership of assigned work and collaborating in a team environment.
- Legal work authorization to work in the U.S on a permanent and ongoing basis without the need for sponsorship now or in the future, in other words, you must be a U.S. Citizen or Permanent Resident Green Card holder at the time of application
What makes you stand out:
- Interest in property protection, resilience, natural catastrophe risk, or the application of engineering concepts within a consulting environment.
- Some experience using Excel or other data tools through coursework, projects, or other experiences to interpret technical information.
- Ability to take technical or analytical information and present it clearly to others.
- For PRC – Interest in property loss prevention, fire protection, and facility risk assessment.
- For SRE – Interest in renewable energy or natural catastrophe risks such as wind, flood, earthquake, wildfire, or severe weather.
Application Process and Document Requirements
Uploading Resume and Cover Letter (both required): We review applications holistically and value a wide range of academic, professional, and extracurricular experiences. Please upload documents that are no more than two pages each in PDF format.
To ensure your application is considered complete, please submit a cover letter answering the questions below. We encourage thoughtful, authentic responses that reflect your interests, experiences, and alignment with Marsh.
- What interests you in gaining experience in risk consulting and/or engineering risk analysis at Marsh?
- Which practice area, Property Risk Consulting or Specialty Risk Engineering, are you most interested in, and which location(s) appeals the most to you? If you would like to be considered for both, please share your interest in each.
- Please respond to the question associated with your preferred team:
- Property Risk Consulting: Share an academic or work experience where you applied engineering or technical concepts to identify a potential risk or problem or recommend an improvement. What did you learn?
- Specialty Risk Engineering: Choose a natural catastrophe or energy-related risk that interests you. What factors would you want to understand when evaluating its potential impact?
Compensation and Benefits
The hourly rate for this role is $28/hr. Please note that the salary is standardized and not subject to negotiation.
In addition, we offer:
- Mentorship and professional development support
- Hybrid work environment, offering a mix of in-office collaboration and remote flexibility
Why join our team:
- We help you be your best through professional development opportunities, interesting work, and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Market Risk Analyst Internship Market
Who's Hiring



Tips for Your Market Risk Analyst Internship Search
Apply in the fall for summer cohorts
Large banks and financial institutions close their summer market risk analyst internship applications as early as September or October of the prior year. Smaller firms and co-op programs post closer to start dates, so roles appear year-round. Check listings consistently and submit as soon as a role opens rather than waiting until spring.
Build a quantitative project portfolio before you apply
Hiring teams for market risk analyst internships expect limited work history, so your portfolio is what gives them something to evaluate. Document two or three projects using tools like Python, Excel, or Bloomberg, and publish the analyses or code somewhere reviewers can see them. Completed, linked work beats a long list of coursework every time.
Work your campus network alongside direct applications
Campus career fairs surface structured programs tied to your university, and professors or career center staff often know which employers recruit from your school before roles post publicly. Applying directly to companies running smaller cohorts at the same time widens the pool you reach beyond firms with on-campus presence.
Practice your technical screen out loud before interviews
Market risk analyst intern interviews typically involve quantitative reasoning, statistical concepts, and scenario-based risk questions. Practice answering out loud and explaining your reasoning step by step, not just arriving at a final answer. Interviewers weigh how you think through uncertainty and model assumptions as much as whether your conclusion is correct.
Target structured rotational and analyst programs early
Many large financial institutions run formal summer analyst or rotational programs designed to train candidates with no prior industry experience, often moving interns across market risk, credit, and trading desks. These programs recruit in the fall and fill their cohorts fast. Identify the ones that fit your background and apply in the first wave.
Set your work-type filter before you start searching
On-site roles are 0% of the market risk analyst internships listed here. Decide what you can realistically commit to before you start applying, then filter by location and work type so you're not sorting through roles you can't take. Migrate Mate's filters let you narrow by work type from the start.
Market Risk Analyst Internships: Frequently Asked Questions
How do I get a market risk analyst internship?
Lead with coursework and personal projects rather than work history, hiring teams expect limited experience at the intern level. Build a documented portfolio of risk modeling or quantitative finance projects that shows the tools you used and links to the actual work, giving recruiters something concrete to assess. Pair direct applications with campus career fairs, where recruiters often move faster for students they meet in person.
Can a market risk analyst internship turn into a full-time job?
Many employers extend return offers to strong interns, but conversion is never guaranteed. What actually drives it is performance on real deliverables, available headcount on the team, and how early you signal interest in returning. Position for a return offer by owning your projects and asking your manager about expectations early, without counting on the outcome.
When should I apply for market risk analyst internships?
Earlier than most candidates expect. Large financial institutions and banks recruit summer interns the preceding fall, meaning deadlines can land in September or October. Smaller firms, regional employers, and co-op programs post closer to their start dates, so openings appear year-round. Checking listings consistently and applying as soon as a role appears gives you the strongest position.
Are market risk analyst internships paid?
Most professional market risk analyst internships in the U.S. are paid. Compensation varies by company size, industry, and location, and listings show it where the employer chooses to disclose it. Unpaid arrangements are uncommon at corporate employers but do appear occasionally at smaller firms or nonprofit organizations.
What should a market risk analyst internship resume include?
Lead with projects, not work history. Include two or three complete, documented projects showing the quantitative tools and risk frameworks you used, with links to published analyses, code repositories, or case studies so reviewers can assess real work. Add relevant coursework in finance, statistics, or economics, and keep the whole document to one page.
Are there remote market risk analyst internships?
Yes. Remote and hybrid roles make up 100% of the market risk analyst internship listings here, with the rest on-site. Remote cohorts fill fast because they draw applicants from across the country, so apply early and filter by work type to see them before they close.
What is a sales and trading internship, and how does it relate to market risk analyst roles?
Sales and trading internships are structured summer programs at large banks and financial institutions that rotate analysts through desks including market risk, trading, and structuring. They target candidates new to the industry, recruit in the early fall for the following summer, and are highly competitive. Applying in the first recruitment wave gives you the best chance before cohort spots fill.
Can international students get market risk analyst internships?
Yes. F-1 students can intern through CPT while enrolled or through OPT work authorization after finishing a degree, and the employer does not have to file anything for either, so many companies are open to international interns. Confirm your eligibility and timing with your university's international student office before accepting an offer.
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