Intern - Financial Risk

Milwaukee Succeeds; Milwaukee (WI); Hybrid; USD 29,000 - 34,000; Full time

Benefits offered by this job

Paid holidays

Job summary

WEC Energy Group is seeking an intern in Milwaukee, WI to support the treasury department's financial risk management and insurance risk functions. This summer internship is full-time, with a $21.30 hourly rate and paid holidays.

You will work with Risk Managers and Analysts, assist in renewals, contract reviews, and certificates of insurance, gaining Fortune 500 treasury experience.

Qualifications

• Must be pursuing a Bachelor's or Master's degree in Finance, Business Administration, or closely related field.
• Minimum GPA of 2.8.

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.
• Monitoring Letters of Credits provided by Gas counterparties.
• Information gathering for quarterly credit memos.
• Other tasks as needed.

Skills

Financial risk management

Risk analysis

Education

Bachelor’s or Master’s in Finance/Business Administration

Job description

WEC Business Services LLC, a subsidiary of WEC Energy Group, is seeking a Intern - Financial 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
• 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.

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.