Risk Management Intern

Posted 3 Days Ago
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Carmel, IN, USA
In-Office
Internship
Insurance
The Role
Supports operational risk management through process risk assessments, control testing, issue resolution, due diligence, business continuity, compliance monitoring, and risk reporting. The intern analyzes trends, evaluates remediation effectiveness, maintains risk documentation, supports dashboards, and collaborates with internal stakeholders to strengthen business processes, controls, resilience, and regulatory compliance.
Summary Generated by Built In
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.

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Skills Required

  • 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
  • Available for the full 12-week internship program from May 17 through August 6, 2027
  • Available to work full-time, 40 hours per week, at the Carmel, Indiana headquarters
  • Ability to manage deadlines
  • Ability to multitask
  • Strong written and oral communication skills
  • Ability to prioritize

Allied Solutions LLC Compensation & Benefits Highlights

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

  • Healthcare Strength Medical, dental, and vision coverage are offered with multiple plan choices (PPO and CDHPs) and company HSA contributions, alongside an EAP and optional critical illness, hospital, and accident coverage. Group life, accidental death and dismemberment, and short- and long-term disability are provided at no cost to employees.
  • Retirement Support Pre-tax and Roth 401(k) programs include a company match and are administered through Securian with investment portfolios and educational tools. These elements reinforce the company’s emphasis on long-term savings and financial security.
  • Leave & Time Off Breadth Generous paid time off, paid holidays, paid family leave, and paid volunteer time are part of the package. These offerings expand time-off options beyond standard vacation allotments.

Allied Solutions LLC Insights

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The Company
HQ: Carmel, IN
1,001 Employees

What We Do

Allied Solutions uses technology based products and services to meet the insurance, lending and marketing needs of more than 4,000 financial institutions in North America. Dedicated to helping their clients grow, protect and evolve their business, Allied Solutions maintains several regional offices and service centers around the country and is a subsidiary of Securian Financial Group, Inc. #FinancialServices #EnhanceRevenue #ExpandLending #ManageRisk #ImproveMarketShare #EngageEmployees #AlliedInsights #FindYourPassion #BlueCulture

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