Intern - Financial & Insurance Risk

We Energies; Milwaukee (WI); On-site; USD 29,000 - 34,000; Full time

Benefits offered by this job

Paid company holidays

Job summary

WEC Energy Group offers an Intern - Financial & Insurance Risk in Milwaukee, WI, for Summer 2027. The paid internship runs full-time with an hourly rate of $21.30–$24.60 and holidays paid. Students will work with treasury team members to support insurance and financial risk functions.

The role develops skills in risk management, insurance renewals, contract reviews, and regulatory compliance within a Fortune 500 treasury environment.

Qualifications

• High School Diploma or GED.
• Pursuing Bachelor's or Master's in Finance/Business Admin with graduation after June 2027.
• Minimum GPA 2.8.

Responsibilities

• Assist Risk Manager and Risk Analyst in managing the risk department.
• Support insurance renewals process and documentation.
• Participate in renewal meetings with brokers and carriers.
• Review insurance provisions in contracts and ensure compliance.
• Provide Certificates of Insurance internally and externally.
• Support quarterly credit memo information gathering and analysis.

Skills

Finance knowledge

Analytical thinking

Team collaboration

Education

High School Diploma or GED

Pursuing Bachelor's or Master's in Finance/Business Admin

GPA 2.8+

Job description

WEC Business Services LLC, a subsidiary of WEC Energy Group, is seeking a Intern - Financial & Insurance Risk in our Milwaukee, Wisconsin location. This internship is full-time during the Summer of 2027. The hourly rate for this internship is $21.30 with paid company holidays.

About Us

WEC Energy Group is one of the nation’s largest electric generation and distribution and natural gas delivery holding companies serving 4.7 million customers across the Midwest. We are committed to providing clean, reliable, and affordable energy in an environmentally sustainable manner. Customers are the heart of our business, and we work every day to help grow and support communities where we provide vital energy services.

As a Fortune 500 company, we value and develop our employees who are making a difference in a mission that matters. We don’t just offer a job; we provide fulfilling careers where safety and well-being are paramount. Join our team and experience first‑hand our commitment to your success. We offer competitive pay and benefits to recognize your hard work and dedication.

If you’re talented, energetic and ready for a career with a future, we want you on our team. We are powered by a diverse and inclusive workforce fueled by the pride in what we do. If you're driven by the passion to change lives, this is the place for you.

Job Summary

We employ students for summer and year-round opportunities to help the treasury department manage the financial risk for WEC Energy Group. WEC is searching for an intern to support the insurance and financial risk functions in the treasury department. Students work with experienced members of this teams.

Job Responsibilities

• Support Risk Manager and Risk Analyst in managing a sophisticated risk management department
• Support the information collection and submittal process for insurance renewals
• Participate in renewal meetings with brokers and insurance carriers
• Review compliance with insurance provisions for state mandated programs
• Participate in contract reviews to ensure appropriate insurance provisions are provided
• Provide Certificates of Insurance and Self Insurance letters internally and externally
• Support large corporate claims settlements
• Monitoring Letters of Credits provided by Gas counterparties
• Information gathering for quarterly credit memos
  
• Other tasks as needed

This opportunity will allow you to develop skills and experience in a Fortune 500 Treasury and Insurance Risk Management department including the thought process behind insurance decisions as well as the day to day tasks this department handles.

Minimum Qualifications

• High School Diploma, GED, or HSED
• Current pursuit of a Bachelor’s or Master’s degree in Finance, Business Administration, or closely related degree with a graduation date after June 2027.
• Minimum GPA of 2.8

Preferred Qualifications

Cirriculum in one or more of the following:

• Principals of Risk Management
• Commercial Insurance
• Property Insurance
• Liability Insurance
• Risk Financing Techniques

End Date

11/15/2026

Pay Range Minimum

$21.30

Pay Range Maximum

$24.60

The pay range reflects the minimum and maximum for the position at the time of posting and may be modified in the future. The starting salary/pay within the pay range will be based on several factors, as applicable, but not limited to, relevant education, qualifications, certifications, experience, skills, geographic location, shift, travel requirements, collective bargaining agreements, and business and organizational needs. At WEC Energy Group, it is not typical for an individual to be hired at or near the top of the range for their role.

WEC Energy Group benefits

We reserve the right to modify the application deadline or discontinue accepting applications for any position if deemed necessary. Applications will be reviewed on a rolling basis, with interviews commencing after submission for qualified candidates.

Learn more at Careers

WEC Energy Group will only employ those who are legally authorized to work in the United States. Individuals with temporary visas such as E, F-1 with OPT or CPT, H-1, H-2, L-1, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for hire.

WEC Energy Group and its subsidiaries are Equal Opportunity Employers. As a result, all qualified applicants will receive equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or any other protected status. The Company also complies with all applicable federal, state and local laws that require it to take affirmative action.

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