Risk Management Associate Internships
Risk management associate internships give university students, recent graduates, and early-career switchers hands-on project experience analyzing real exposure data, mentorship from working risk professionals, and, at many employers, a path toward a full-time offer. Openings are concentrated in Insurance, Banking & Financial Services, and Healthcare & Medical Services, with Marsh Agency, Highmark Health, and Freddie Mac among the employers posting roles now.
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Showing 5 of 56+ Risk Management Associate Internships
Huron is a global consultancy that collaborates with clients to drive strategic growth, ignite innovation and navigate constant change. Through a combination of strategy, expertise and creativity, we help clients accelerate operational, digital and cultural transformation, enabling the change they need to own their future.
You'll help banks, asset management and insurance organizations own their future by helping them to transform and create new business models to meet changing customer needs and drive sustainability.
Join our team as the expert you are now and create your future.
Interns will support internal audit and risk management engagements for financial institutions, with a strong focus on applying data analytics, artificial intelligence (AI), and model-driven approaches to enhance audit execution, risk assessment, and regulatory compliance. This role is designed for students who combine technical depth with an interest in audit, governance, and risk advisory.
Our Interns join us from a wide range of backgrounds and make an immediate impact working as part of a team committed to developing creative insights, implementing and designing processes, and driving tangible results. Interns receive training and coaching while gaining hands-on experience working independently and in team settings, building effective relationships, and delivering client solutions.
With a solution-oriented mindset, you will collaborate with team members to critically think and problem-solve while executing effective, technology-enabled audit and risk strategies. As an Intern, you will spend your summer working on client projects and participating in team culture initiatives and social events.
Role Focus
This role integrates internal audit, risk management, and regulatory advisory with advanced data analytics and AI, emphasizing the development and application of AI use cases and tools tailored to audit and risk management use cases within financial institutions.
Responsibilities May Include
- Assisting with proposal development, including analytics- and AI-enabled approaches, budgeting, and project timelines for new business opportunities.
-
Supporting risk assessment and internal audit planning by:
- Conducting research on client background, business activities, and key risks.
- Assisting in internal audit risk assessments and development of audit plans.
- Preparing materials for audit kick-off meetings and planning sessions.
- Applying data analytics and AI techniques to support audit risk assessments and scoping decisions.
- Assisting in the development of internal audit plans and preparation for client kick-off meetings.
-
Assisting in the end-to-end execution of internal audit projects, including:
- Monitoring scope, risks, and issues.
- Supporting audit fieldwork, documentation, and reporting activities.
- Analyzing differences in policy management, governance structures, and control environments, identifying leading practices for financial institutions.
- Monitoring changes in the regulatory environment and assessing their impact on the organization and client operations.
-
Supporting updates to the Enterprise Risk Management (ERM) Framework, including:
- Major risk identification and maintenance of risk inventories.
- Documentation of risk taxonomy and governance processes.
-
Supporting governance, risk, and compliance (GRC) initiatives, including:
- Ensuring governance structures support effective risk and compliance management.
- Assisting with governance training and education related to risk frameworks.
- Supporting technology-enabled projects from a business and governance perspective, ensuring alignment with regulatory and operational requirements.
- Coordinating with internal audit teams and client stakeholders to support project delivery.
-
Designing, developing, and testing data and AI to support audit and risk management use cases, such as:
- Test case development, anomaly detection, and continuous auditing.
- Risk indicator identification and monitoring.
- Control effectiveness testing and trend analysis.
- Developing and enhancing analytics tools and AI prompts/scripts to automate audit and risk processes.
- Leveraging prominent AI frameworks and libraries to build, evaluate, and refine models used in audit and risk engagements.
- Analyzing differences in policy management, control environment, and governance practices, identifying leading practices across financial institutions.
- Monitoring changes in the regulatory environment and assessing their impact on audit scope, risk profiles, and compliance requirements.
- Supporting updates to the Enterprise Risk Management (ERM) Framework, including major risk identification and maintenance of risk inventories.
- Supporting governance, risk, and compliance (GRC) initiatives, including governance training and education related to risk frameworks.
- Ensuring that technology-enabled audit and risk solutions improve business operations, audit quality, and regulatory compliance.
Hiring Requirements – Qualifications
-
Strong performance in a bachelor’s degree in a field related to this position or equivalent work experience obtained by Spring 2028:
- Finance and Financial Management, Economics, Law, Business Management, Public Policy, Political Science, Operations Management or related disciplines.
- Computer Science, Computer Engineering, Data Science, Data Mining, Information Science, Information System Management, Statistics, Applied Mathematics, Engineering, and/or related disciplines with strong data analytics or AI coursework.
- Strong conceptual, critical thinking, analytical, professional judgement, and practical problem-solving skills.
- Excellent verbal and written communication skills.
- Ability to manage multiple priorities in a fast-paced, project-based environment.
- Initiative, professionalism, and ability to collaborate with multidisciplinary teams.
- U.S work authorization is required.
- Must be available for a June 2027 start date. Location: Washington, D.C.
Preferred Requirements
- Experience or certification exposure to data analytics, automation, or artificial intelligence.
- Prior internship experience in consulting, audit, risk advisory, risk management, compliance or financial services.
- Demonstrated experience with prominent AI tools, frameworks and libraries, such as TensorFlow, PyTorch, scikit-learn, Keras, or similar.
- Familiarity with analytical tools such as Python, SQL, Excel, Power BI, Tableau, or similar platforms.
Application Materials
- Current Resume
- Unofficial Transcript
The compensation for this job is $30/hr. The represents a good faith estimate of the rate that Huron reasonably expects to pay for this job at the time of the job posting.
Huron is fully committed to providing equal employment opportunity to job applicants and employees in recruitment, hiring, employment, compensation, benefits, promotions, transfers, training, and all other terms and conditions of employment. Huron will not discriminate on the basis of age, race, color, gender, marital status, sexual orientation, gender identity, pregnancy, national origin, religion, veteran status, physical or mental disability, genetic information, creed, citizenship or any other status protected by laws or regulations in the locations where we do business. We endeavor to maintain a drug-free workplace.
To learn more about Huron, visit www.huronconsultinggroup.com.
Position Level
InternCountry
United States of AmericaHuron is a global consultancy that collaborates with clients to drive strategic growth, ignite innovation and navigate constant change. Through a combination of strategy, expertise and creativity, we help clients accelerate operational, digital and cultural transformation, enabling the change they need to own their future.
You'll help banks, asset management and insurance organizations own their future by helping them to transform and create new business models to meet changing customer needs and drive sustainability.
Join our team as the expert you are now and create your future.
Interns will support internal audit and risk management engagements for financial institutions, with a strong focus on applying data analytics, artificial intelligence (AI), and model-driven approaches to enhance audit execution, risk assessment, and regulatory compliance. This role is designed for students who combine technical depth with an interest in audit, governance, and risk advisory.
Our Interns join us from a wide range of backgrounds and make an immediate impact working as part of a team committed to developing creative insights, implementing and designing processes, and driving tangible results. Interns receive training and coaching while gaining hands-on experience working independently and in team settings, building effective relationships, and delivering client solutions.
With a solution-oriented mindset, you will collaborate with team members to critically think and problem-solve while executing effective, technology-enabled audit and risk strategies. As an Intern, you will spend your summer working on client projects and participating in team culture initiatives and social events.
Role Focus
This role integrates internal audit, risk management, and regulatory advisory with advanced data analytics and AI, emphasizing the development and application of AI use cases and tools tailored to audit and risk management use cases within financial institutions.
Responsibilities May Include
- Assisting with proposal development, including analytics- and AI-enabled approaches, budgeting, and project timelines for new business opportunities.
-
Supporting risk assessment and internal audit planning by:
- Conducting research on client background, business activities, and key risks.
- Assisting in internal audit risk assessments and development of audit plans.
- Preparing materials for audit kick-off meetings and planning sessions.
- Applying data analytics and AI techniques to support audit risk assessments and scoping decisions.
- Assisting in the development of internal audit plans and preparation for client kick-off meetings.
-
Assisting in the end-to-end execution of internal audit projects, including:
- Monitoring scope, risks, and issues.
- Supporting audit fieldwork, documentation, and reporting activities.
- Analyzing differences in policy management, governance structures, and control environments, identifying leading practices for financial institutions.
- Monitoring changes in the regulatory environment and assessing their impact on the organization and client operations.
-
Supporting updates to the Enterprise Risk Management (ERM) Framework, including:
- Major risk identification and maintenance of risk inventories.
- Documentation of risk taxonomy and governance processes.
-
Supporting governance, risk, and compliance (GRC) initiatives, including:
- Ensuring governance structures support effective risk and compliance management.
- Assisting with governance training and education related to risk frameworks.
- Supporting technology-enabled projects from a business and governance perspective, ensuring alignment with regulatory and operational requirements.
- Coordinating with internal audit teams and client stakeholders to support project delivery.
-
Designing, developing, and testing data and AI to support audit and risk management use cases, such as:
- Test case development, anomaly detection, and continuous auditing.
- Risk indicator identification and monitoring.
- Control effectiveness testing and trend analysis.
- Developing and enhancing analytics tools and AI prompts/scripts to automate audit and risk processes.
- Leveraging prominent AI frameworks and libraries to build, evaluate, and refine models used in audit and risk engagements.
- Analyzing differences in policy management, control environment, and governance practices, identifying leading practices across financial institutions.
- Monitoring changes in the regulatory environment and assessing their impact on audit scope, risk profiles, and compliance requirements.
- Supporting updates to the Enterprise Risk Management (ERM) Framework, including major risk identification and maintenance of risk inventories.
- Supporting governance, risk, and compliance (GRC) initiatives, including governance training and education related to risk frameworks.
- Ensuring that technology-enabled audit and risk solutions improve business operations, audit quality, and regulatory compliance.
Hiring Requirements – Qualifications
-
Strong performance in a bachelor’s degree in a field related to this position or equivalent work experience obtained by Spring 2028:
- Finance and Financial Management, Economics, Law, Business Management, Public Policy, Political Science, Operations Management or related disciplines.
- Computer Science, Computer Engineering, Data Science, Data Mining, Information Science, Information System Management, Statistics, Applied Mathematics, Engineering, and/or related disciplines with strong data analytics or AI coursework.
- Strong conceptual, critical thinking, analytical, professional judgement, and practical problem-solving skills.
- Excellent verbal and written communication skills.
- Ability to manage multiple priorities in a fast-paced, project-based environment.
- Initiative, professionalism, and ability to collaborate with multidisciplinary teams.
- U.S work authorization is required.
- Must be available for a June 2027 start date. Location: Washington, D.C.
Preferred Requirements
- Experience or certification exposure to data analytics, automation, or artificial intelligence.
- Prior internship experience in consulting, audit, risk advisory, risk management, compliance or financial services.
- Demonstrated experience with prominent AI tools, frameworks and libraries, such as TensorFlow, PyTorch, scikit-learn, Keras, or similar.
- Familiarity with analytical tools such as Python, SQL, Excel, Power BI, Tableau, or similar platforms.
Application Materials
- Current Resume
- Unofficial Transcript
The compensation for this job is $30/hr. The represents a good faith estimate of the rate that Huron reasonably expects to pay for this job at the time of the job posting.
Huron is fully committed to providing equal employment opportunity to job applicants and employees in recruitment, hiring, employment, compensation, benefits, promotions, transfers, training, and all other terms and conditions of employment. Huron will not discriminate on the basis of age, race, color, gender, marital status, sexual orientation, gender identity, pregnancy, national origin, religion, veteran status, physical or mental disability, genetic information, creed, citizenship or any other status protected by laws or regulations in the locations where we do business. We endeavor to maintain a drug-free workplace.
To learn more about Huron, visit www.huronconsultinggroup.com.
Position Level
InternCountry
United States of AmericaRisk Management Associate Internship Market
Who's Hiring
Top Industries Hiring
- Insurance
- Banking & Financial Services
- Healthcare & Medical Services
Tips for Your Risk Management Associate Internship Search
Apply months before the start date
Large financial services firms, insurers, and consulting practices recruit summer risk management associate interns the preceding fall, with application windows that close before winter break. Smaller companies and co-op programs post closer to start dates, so check frequently and do not wait until spring to begin.
Build a documented risk project before you apply
Hiring teams for risk management associate interns expect limited work history and weigh project evidence instead. Create at least one complete case study showing how you identified an exposure, quantified it using real data or a simulation, and recommended a mitigation approach. Include the tools you used and link the work where reviewers can read it.
Work your campus network and apply directly at the same time
Campus career fairs surface structured intern programs tied to your university, and recruiters there often move faster for students they meet in person. Your professors and career center staff frequently know which risk and finance employers recruit from your school before roles post publicly. Applying directly to companies running smaller cohorts alongside campus activity widens the pool you reach.
Practice quantitative and case screens out loud before applying
Risk management associate intern screens typically combine a quantitative or analytical exercise with a case conversation asking you to reason through an exposure or business scenario. Practice explaining your logic step by step out loud, not just arriving at an answer, because interviewers weigh how you think through uncertainty as much as the final number.
Target structured rotational and analyst programs first
Many large banks, insurance companies, and financial services firms run formal risk analyst or rotational programs designed to train candidates new to the field. These programs recruit on a fixed cycle, fill early, and often provide stronger mentorship than ad-hoc intern placements. Identify the ones that fit your target sector and submit in the first application wave.
Set your work-type filter before you start searching
On-site roles are 22% of the risk management associate internships listed here. Decide what you can commit to before you search, then filter by location and work type so you are not sorting through roles you cannot take. Filtering early also surfaces remote and hybrid openings before they close.
Risk Management Associate Internships: Frequently Asked Questions
How do I get a risk management associate internship?
Lead with coursework and projects rather than work history, since hiring teams expect limited experience at the intern level. For risk management associate candidates, the concrete artifact recruiters want to see is a documented case study or analysis showing how you identified, quantified, and proposed responses to a real or simulated risk. Pair direct applications with campus career fairs, where recruiters often move faster for students they meet in person.
Can a risk management associate internship turn into a full-time job?
Many employers extend return offers to strong interns, but conversion is never guaranteed. For risk management associate interns, what drives it most is consistent performance on real project deliverables, team headcount at the time your internship ends, and how early in the process you signal interest. Position yourself well without counting on a return offer, and keep applying to full-time roles in parallel.
When should I apply for risk management associate internships?
Earlier than most students expect. Large financial institutions, insurance carriers, and consulting firms recruit summer risk management associate interns the preceding fall, with applications closing as early as September or October. Smaller companies and co-op programs post closer to their actual start dates, which means openings appear year-round and searching once a semester is not enough.
Are risk management associate internships paid?
Most professional risk management associate internships in the United States are paid. Compensation varies by company size, industry, and location. Where an employer discloses pay, the listing will show it. Unpaid arrangements are uncommon at the professional level but do appear occasionally at nonprofits or early-stage organizations.
What should a risk management associate internship resume include?
Lead with two or three complete, documented projects rather than work history. For risk management associate candidates, the most useful proof is a linked case study, a published risk analysis, or a portfolio piece showing the tools you used (Excel models, SQL queries, Python scripts, or scenario frameworks) and the conclusion you reached. Add relevant coursework in finance, statistics, or quantitative methods and keep it to one page.
Are there remote risk management associate internships?
Yes. Remote and hybrid roles make up 78% of the risk management associate 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.
Can international students get risk management associate 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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