Risk Management Intern

Allied Solutions LLC; Town of Carmel (NY); On-site; USD 167,000 - 246,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

Company-paid life and disability

401k with company match

3 weeks PTO

Job summary

Allied Solutions LLC in Carmel, IN invites rising juniors and seniors to join a 12-week Risk Management internship program (May 17 – Aug 6, 2027). This full-time internship (40 hours/week) provides hands-on experience across risk disciplines and cross‑functional collaboration with internal teams.

Through projects in process risk assessment, control testing, and regulatory considerations, interns analyze trends, support mitigation strategies, and contribute to strengthening product and service

Qualifications

• Currently enrolled as a rising Junior or Senior in an undergraduate program.
• Ability to manage deadlines and multitask in a fast-paced environment.
• Strong written and oral communication skills.
• Prioritize tasks and manage workload effectively.

Responsibilities

• Assist in process risk assessment to identify risks, weaknesses, trends and improvements.
• Contribute to risk insight, issue resolution, remediation actions, and reporting.
• Support business continuity planning, due diligence, and regulatory compliance activities.
• Maintain risk and control documentation and assist with testing and monitoring.

Skills

Deadline management

Multitasking

Prioritization

Communication skills

Education

Undergraduate student in Risk Management/Insurance/Business Administration

Job description

The Allied Solutions internship program is a robust and consistent internship program for juniors and seniors. The program will focus on learning and development as well as hands‑on experience. The program will immerse the intern into a broad range of responsibilities, allowing you to execute projects within your area of professional interests.

Interested applicants must be available during the 12‑week program (May 17th – Aug. 6th, 2027). This is a full‑time internship (40‑hours per week) based at our headquarters in Carmel, IN.

The Risk Management Intern will partner with internal departments to evaluate business processes, policies, controls, and operational activities to identify risks and support effective mitigation strategies. The internship provides broad exposure across risk management disciplines, which may include process risk assessments, issue resolution, due diligence, risk and control testing, operational monitoring, business continuity, and compliance.

Through these experiences, the intern will analyze information, identify trends, collaborate with stakeholders, and contribute to solutions that strengthen the quality, effectiveness, and resilience of Allied’s products, services, and operations.

Job Duties and Responsibilities

Process Risk Assessment

• Assess business processes and operational activities to identify risks, control weaknesses, trends, and improvement opportunities.
• Analyze assessment, audit, testing, and operational results and communicate significant findings.
• Evaluate remediation efforts and recommend improvements to processes, controls, and client experience.
• Maintain assessment data and support risk and trend reporting.

Risk Insight, Solution & Evaluation

• Support identification, analysis, documentation, and resolution of operational risk issues and quality events.
• Partner with stakeholders to evaluate root causes, corrective actions, and remediation effectiveness.
• Monitor operational performance, capacity, service levels, and emerging risk indicators.
• Analyze trends and enhance reporting, dashboards, and management visibility.

Business Resilience and Compliance

• Support client, vendor, and third‑party due diligence activities and documentation.
• Support business continuity planning, impact and dependency assessments, exercises, testing, and disruption analysis.
• Monitor regulatory developments and assist with evaluating and communicating business impacts.
• Support compliance assessments, monitoring, reporting, and related risk activities.

Risk and Control Documentation and Testing

• Maintain risk, control, assessment, and testing documentation within risk management systems.
• Support identification and evaluation of operational risks and associated controls.
• Participate in control design and effectiveness testing and identify improvement opportunities.
• Support reporting of testing results, findings, trends, and overall risk and control performance.

Qualifications (Education, Experience, Certifications & KSA)

• Currently enrolled in an undergraduate program as a rising Junior or Senior, pursuing a degree in Risk Management, Insurance, Business Administration, or a related field
• Ability to manage deadlines
• Ability to multitask
• Strong written and oral communication skills
• Ability to prioritize

We offer our employees a robust compensation package! Our comprehensive benefits include: medical, dental and vision insurance coverage; 100% company-paid life and disability coverage, 401k options with company match, three weeks PTO by the end of the first year and much more. Allied proudly promotes from within as part of a strong commitment to providing career growth opportunities for employees of all levels. Our diverse business portfolio allows employees broad career options with the advantage of staying with the same organization.

All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.