Internship - Enterprise Risk Management

AAA Life Insurance Company • Livonia, MI

3h • Hybrid

About The Position

AAA Life is a respected and trusted American brand that has been focusing on Life Insurance and Annuity Products since 1969. At AAA Life we have over 1.8 million policies where we take pride in earning the trust of our policyholders who understand our promise to be there for them – and their families – when we’re needed most. By joining the AAA Life team, you are joining a company that genuinely cares about helping each other, with a devotion to protect the lives of those around us. We embrace a diverse, equitable, inclusive culture where all associates can feel a sense of belonging and use their unique talents and perspective to influence, innovate, motivate, and thrive.

The Enterprise Risk Management Intern will support the organization’s ERM function by assisting in the identification, assessment, and monitoring of risks that could impact strategic objectives. Responsibilities include assisting with risk data collection and analysis and developing risk reports. Responsibilities may include participating in risk workshops, conducting research on emerging risks, and assisting in the improvement of risk management tools, frameworks, and methodologies. This role is ideal for someone analytical, detail-oriented, and interested in corporate governance, compliance, and strategic risk management. The work assigned to the intern will be somewhat defined and performed under direct supervision.

Requirements

• Currently enrolled undergraduate student in good academic standing, entering or enrolled in junior or senior year
• Pursuing a bachelor’s degree in business management, risk management, economics, business administration, accounting, or a related field
• Minimum cumulative GPA of 3.0
• Proficiency in Microsoft Office applications (Excel, Word, PowerPoint)
• Effective written and verbal communication skills

Nice To Haves

• Demonstrated interpersonal and relationship-building skills
• Interest in enterprise risk management, compliance, or related business functions

Responsibilities

• Work independently and collaborate effectively in a team environment
• Collect, organize, and analyze risk-related data.
• Assist business unit management in the development of key risk and control indicators, and strategic plans to prevent, eliminate and mitigate operational risks based on root cause analysis.
• Provide support in gathering data and compiling key metrics to develop risk reports.
• Research emerging risks, industry trends, and regulatory changes that may impact the organization.
• Provide support in the development of the end-user application inventory and related controls.
• Contribute to process improvement initiatives within the ERM program.
• Attend internal and external meetings to discuss risk, risk mitigation, and trainings.

What This Job Offers

• Career Level: Intern
• Number of Employees: 501-1,000 employees