Risk Management Intern

Description

Combined Insurance a Chubb company is seeking a Risk Management Intern to join our fast-paced high energy growing company for a Summer 2026 internship. Combined Insurance is a leading provider of individual supplemental accident disability health and life insurance products. We pride ourselves on being customer-centric people-driven accountable performance-minded and ethical. Spend your summer working as a Combined Insurance Intern where you will have the opportunity to gain career-building experience.

Who are we looking for

Successful interns at Combined Insurance come from many backgrounds and experiences and bring that rich diversity with them to our company. They also have some things in common and these attributes will lead to your success at Combined:

• Results orientation: a demonstrated ability to meet commitments; including under pressure
• Intellectual agility: capable and willing to master and apply new knowledge
• Personal capacity: accepting and welcoming of additional responsibility over time
• Communication skills: an ability to communicate successfully in various settings
• Interpersonal/team skills: able to work effectively with colleagues at all levels
• Self-leadership: an ability to take full ownership of work and show initiative as needed
• Client focused: understanding of the needs of customers and clients
• Work ethic: a commitment to hard work and a high ethical conduct

Examples of potential Intern tasks/projects:

• 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 managements 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.

Requirements:

• 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 Majors:

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

Schedule :

• 10 Weeks; starting June 12026
• Full-time M-F 8:30am 5pm CT

The pay range for this internship is $18 to $24 per hour. The specific offer will depend on an applicants skills and other factors. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

Required Experience:

Intern