Risk Management Intern

Henry ScheinNew York, NY
2d

About The Position

JOB OVERVIEW: The assignments will include working with team members in the Risk Management department in managing global compliance of the Vendor Due Diligence policy. This will include compiling, manipulating and analyzing data in and outside of the Compliance automated system. Assist the team in the collection of exposure data for insurance policy renewals and claims data for loss control projects. As possible, a reasonable balance will be made between the intern's learning goals and the specific assignments. KEY RESPONSIBILITIES: As directed, work with functional teams throughout the company globally to achieve vendor compliance through the escalation plan, deactivation and waiver processes. Conduct the necessary data analysis to assist in the preparation of the monthly vendor compliance reports. Participate in recurring vendor compliance update calls with subsidiary companies and develop minutes of resulting action items. Conduct monthly risk level assessments under the close direction of the team. Sort through historical scanned documents and distribution agreements on existing vendors to find any missing contracts. Call vendors and insurance brokers and develop mail campaigns to obtain required information, i.e., e-mail address, broker details, insurance certifications, contracts. Maintain insurance records for the non-consolidated subsidiaries worldwide. Collect and compile exposure data received from various sources for the insurance policy renewals. Maintain the property and auto schedules as well as other spreadsheets needed for a successful renewal. Compile the data and documents needed for the RM team members to conduct acquisition due diligence. As requested, troubleshoot any issues with the issuance of certificates, auto ID cards, and surety bonds. Assist in the maintenance and follow up of any claim and loss control files. Attend Risk Management and internal open item calls/meetings and create and distribute minutes containing takeaways. Assist the team with any filing needs.

Requirements

  • Microsoft Office suite proficiency
  • Good time management
  • Attention to detail and accuracy
  • Ability to plan and arrange activities
  • Interpersonal communication skills
  • Good verbal and written skills
  • Ability to maintain confidential and highly sensitive information
  • Ability to work in a team environment
  • Ability to multi-task
  • No experience required.

Nice To Haves

  • In pursuit of a Bachelor’s degree with a Risk Management focus and maintaining an overall GPA of at least 2.7.

Responsibilities

  • Work with functional teams throughout the company globally to achieve vendor compliance through the escalation plan, deactivation and waiver processes.
  • Conduct the necessary data analysis to assist in the preparation of the monthly vendor compliance reports.
  • Participate in recurring vendor compliance update calls with subsidiary companies and develop minutes of resulting action items.
  • Conduct monthly risk level assessments under the close direction of the team.
  • Sort through historical scanned documents and distribution agreements on existing vendors to find any missing contracts.
  • Call vendors and insurance brokers and develop mail campaigns to obtain required information, i.e., e-mail address, broker details, insurance certifications, contracts.
  • Maintain insurance records for the non-consolidated subsidiaries worldwide.
  • Collect and compile exposure data received from various sources for the insurance policy renewals.
  • Maintain the property and auto schedules as well as other spreadsheets needed for a successful renewal.
  • Compile the data and documents needed for the RM team members to conduct acquisition due diligence.
  • As requested, troubleshoot any issues with the issuance of certificates, auto ID cards, and surety bonds.
  • Assist in the maintenance and follow up of any claim and loss control files.
  • Attend Risk Management and internal open item calls/meetings and create and distribute minutes containing takeaways.
  • Assist the team with any filing needs.
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