Enterprise Risk Management Intern (Fall)

Posted 2 Days Ago
Be an Early Applicant
Zionsville, IN, USA
In-Office
Internship
Insurance
The Role
The ERM Intern will assist in risk assessments, research on emerging risks, and contribute to risk management frameworks while supporting cross-departmental collaboration.
Summary Generated by Built In

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Why This Role Matters:

This internship offers hands-on experience with Enterprise Risk Management (ERM) frameworks, risk identification and assessment processes, and cross-functional collaboration in a dynamic corporate environment. The ERM Intern will support the risk management team in maintaining and enhancing the organization's risk capabilities — gaining real-world experience directly applicable to careers in risk management, consulting, finance, or corporate strategy. This is an excellent opportunity for motivated students who are eager to understand how leading organizations proactively identify and manage risk.  This is a hybrid internship based out of our Zionsville headquarters, with an expected start date during the first week of September and a commitment of approximately 15–20 hours per week.

How You'll Contribute:

  • Support the facilitation of risk assessments, metrics, and data collection with stakeholders. 

  • Support the Corporate Insurance Risk Management program.  

  • Help maintain and update the risk register, including risk ratings, owners, and mitigation plans. 

  • Conduct research on emerging risks (e.g., cybersecurity, geopolitical, and regulatory). 

  • Assist in developing risk dashboards, heat maps, and reporting materials for senior management. 

  • Support the tracking and monitoring of key risk indicators (KRIs) and risk mitigation action items. 

  • Contribute to the development and refinement of ERM policies, procedures, and frameworks. 

  • Participate in cross-functional meetings to understand how risk is managed across departments (i.e., IT, Finance, Operations, Legal). 

  • Assist with scenario analysis, stress testing, or business continuity planning exercises. 

What We're Looking For:

  • Currently enrolled as a junior or senior with strong preference given to students pursuing a bachelor's degree in Risk Management & Insurance. Sophomores studying Risk Management & Insurance with advanced coursework and strong GPAs will be considered. Students from Finance, Business Administration, Economics, Accounting, Data Analytics, or a related field may be considered 

  • Strong analytical and critical thinking skills. 

  • Excellent written and verbal communication skills. 

  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word). 

  • Ability to manage multiple tasks, meet deadlines, and work independently. 

  • High attention to detail and organizational skills. 

  • Genuine interest in enterprise risk management, corporate governance, or compliance. 

  • Coursework in risk management, finance, statistics, data analytics, or internal audit. 

  • Experience with data visualization tools (e.g., Tableau, Power BI) or GRC platforms. 

  • Prior internship or project experience in finance, consulting, audit, or compliance preferred. 

  • Minimum GPA of 3.0 or equivalent. 

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

 

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

#LI-ES1

Skills Required

  • Currently enrolled as a junior or senior studying Risk Management & Insurance or related field
  • Strong analytical and critical thinking skills
  • Excellent written and verbal communication skills
  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word)
  • Ability to manage multiple tasks and deadlines
  • High attention to detail and organizational skills
  • Genuine interest in enterprise risk management or corporate governance
  • Coursework in risk management, finance, statistics, or data analytics
  • Experience with data visualization tools (e.g., Tableau, Power BI)
  • Prior internship or project experience in finance or compliance

Group 1001 Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Group 1001 and has not been reviewed or approved by Group 1001.

  • Fair & Transparent Compensation Pay is considered competitive for many specialized and senior roles, with employer-posted salary ranges providing clarity for candidates. Job postings indicate market-aligned compensation in several corporate, tech, and sales functions.
  • Leave & Time Off Breadth Time off is portrayed as generous, including paid holidays and multiple leave types alongside hybrid work options for eligible roles. Some positions also offer remote flexibility that supports overall work–life balance.
  • Retirement Support Retirement offerings include a 401(k) with company matching and are emphasized as a core part of total rewards. Certain postings reference immediate vesting, reinforcing attention to long-term savings.

Group 1001 Insights

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The Company
HQ: Zionsville, IN
184 Employees
Year Founded: 2013

What We Do

Group 1001 Insurance Holdings, LLC (“Group 1001”) is an insurance holding company in the United States, with current combined assets under management of approximately $57.5 billion as of June 30, 2022, and a mission for setting a new standard in the insurance industry by making insurance more useful and intuitive for everyone. Group 1001 is a long-standing, nimble, and tech-driven financial services enterprise established on deep industry expertise and reliable delivery of long-term value through empowering its customers, employees, and communities. Leveraging upon its record of building successful businesses and strong operating fundamentals, Group 1001 powers the next generation of insurance businesses with useful and intuitive solutions and products accessible to everyone. Group 1001 invests in strategic partnerships as part of our mission to transform communities through sports and education. Group 1001 and our subsidiaries have a strong commitment to service and community transformation. Education and sports initiatives, coupled with impactful partnerships, allow Group 1001 to improve lives through positive change in our communities. Learn more at Group1001.com.

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