Position Overview: We are seeking a motivated and detail-oriented Risk Management Intern with a focus on claims to join our team. This internship offers a unique opportunity to gain hands-on experience in the field of risk management while contributing to the success of our organization. The intern will work closely with our experienced risk management professionals to assist in the evaluation, processing, and resolution of insurance claims.

Responsibilities:

1. Claims Processing: Assist in the timely and accurate processing of insurance claims by gathering relevant information, documenting claim details, negotiating settlements and/or denying claims, and communicating with internal stakeholders and insurance providers.
2. Claim Investigation: Conduct thorough investigations into the validity of claims by analyzing documentation, interviewing relevant parties, and assessing evidence to determine coverage and liability.
3. Data Analysis: Utilize analytical tools and techniques to review claim trends, identify patterns, and extract insights that contribute to informed decision-making and risk mitigation strategies.
4. Documentation and Reporting: Maintain organized and comprehensive claim files, including correspondence, reports, and supporting documentation. Prepare regular reports and updates on claim status, trends, and key metrics for internal stakeholders.
5. Communication: Collaborate effectively with internal departments, external vendors, and insurance carriers to facilitate the efficient resolution of claims. Communicate with claimants and other involved parties in a professional and empathetic manner.
6. Risk Assessment: Support risk management initiatives by participating in risk assessments, identifying potential areas of exposure, and recommending proactive measures to minimize risk and prevent future claims.

Qualifications:

• Currently enrolled in a Bachelor’s or Master’s degree program in Risk Management, Insurance, Business Administration, or a related field.
• Strong analytical skills with the ability to interpret and analyze complex data sets.
• Excellent communication and interpersonal skills, with the ability to interact professionally with individuals at all levels.
• Detail-oriented with a high level of accuracy and proficiency in documentation and record-keeping.
• Proactive self-starter with the ability to prioritize tasks, manage time effectively, and work both independently and collaboratively in a fast-paced environment.
• Proficiency in Microsoft Office applications, particularly Excel, Word, and PowerPoint.