What are the responsibilities and job description for the Enterprise Risk Management Intern (Fall) position at Group 1001?
Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Why This Role Matters:
This internship offers hands-on experience with Enterprise Risk Management (ERM) frameworks, risk identification and assessment processes, and cross-functional collaboration in a dynamic corporate environment. The ERM Intern will support the risk management team in maintaining and enhancing the organization's risk capabilities — gaining real-world experience directly applicable to careers in risk management, consulting, finance, or corporate strategy. This is an excellent opportunity for motivated students who are eager to understand how leading organizations proactively identify and manage risk. This is a hybrid internship based out of our Zionsville headquarters, with an expected start date during the first week of September and a commitment of approximately 15–20 hours per week.
How You'll Contribute:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Why This Role Matters:
This internship offers hands-on experience with Enterprise Risk Management (ERM) frameworks, risk identification and assessment processes, and cross-functional collaboration in a dynamic corporate environment. The ERM Intern will support the risk management team in maintaining and enhancing the organization's risk capabilities — gaining real-world experience directly applicable to careers in risk management, consulting, finance, or corporate strategy. This is an excellent opportunity for motivated students who are eager to understand how leading organizations proactively identify and manage risk. This is a hybrid internship based out of our Zionsville headquarters, with an expected start date during the first week of September and a commitment of approximately 15–20 hours per week.
How You'll Contribute:
- Support the facilitation of risk assessments, metrics, and data collection with stakeholders.
- Support the Corporate Insurance Risk Management program.
- Help maintain and update the risk register, including risk ratings, owners, and mitigation plans.
- Conduct research on emerging risks (e.g., cybersecurity, geopolitical, and regulatory).
- Assist in developing risk dashboards, heat maps, and reporting materials for senior management.
- Support the tracking and monitoring of key risk indicators (KRIs) and risk mitigation action items.
- Contribute to the development and refinement of ERM policies, procedures, and frameworks.
- Participate in cross-functional meetings to understand how risk is managed across departments (i.e., IT, Finance, Operations, Legal).
- Assist with scenario analysis, stress testing, or business continuity planning exercises.
- Currently enrolled as a junior or senior with strong preference given to students pursuing a bachelor's degree in Risk Management & Insurance. Sophomores studying Risk Management & Insurance with advanced coursework and strong GPAs will be considered. Students from Finance, Business Administration, Economics, Accounting, Data Analytics, or a related field may be considered.
- Strong analytical and critical thinking skills.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word).
- Ability to manage multiple tasks, meet deadlines, and work independently.
- High attention to detail and organizational skills.
- Genuine interest in enterprise risk management, corporate governance, or compliance.
- Coursework in risk management, finance, statistics, data analytics, or internal audit.
- Experience with data visualization tools (e.g., Tableau, Power BI) or GRC platforms.
- Prior internship or project experience in finance, consulting, audit, or compliance preferred.
- Minimum GPA of 3.0 or equivalent.
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.