Job Title: Risk Management Intern
Location: West Des Moines, IA
Terms: 12-weeks, full-time flexible 37.5 hours/week, in-office
Pay: $21/hour
Start Date: Monday, May 24th, 2027 (can be flexible)
End Date: Friday, August 13th, 2027 (can be flexible)
Ready to explore how organizations identify and respond to business risks? Join Merchants Bonding Company as our Summer 2027 Risk Management Intern! In this role, you’ll gain hands-on experience reviewing vendor information, organizing contracts, researching potential risks, and preparing reports. You’ll collaborate with professionals across the organization while developing valuable skills in research, analysis, communication, and risk management.
About Us:
At Merchants Bonding, we have a positive and collaborative environment where your ideas are valued, and your growth is prioritized. We work hard to deliver first-class experiences in all our relationships. Our commitment to innovation and building trust secured our spot among the top 10 surety companies in the country. Surety bonds are a vital part of industries like insurance, finance, and construction, where reliable business transactions are essential to protect all parties involved.
Curious to learn more? Visit our website and social media to explore the perks and opportunities at Merchants.
What you’ll do:
- Support Vendor Risk Reviews: Gather documents, check information for completeness, and help identify potential risks involving vendors and other outside partners.
- Assist with Ongoing Vendor Monitoring: Track reviews, risk findings, outstanding documentation, and follow-up items while maintaining accurate records within the company’s risk management systems.
- Identify Gaps & Improve Processes: Look at how work gets done day to day, notice where things could run more smoothly or safely, and suggest practical improvements.
- Support Contract Management: Maintain agreement records, track key dates and renewals, and help ensure contract information is accurate and organized.
- Assist with Risk Reporting & Analysis: Gather risk-related information, update reports and program metrics, and help identify trends or items that may require additional review.
- Research Emerging Risks: Learn about new developments involving vendor risk, information security, data privacy, artificial intelligence, and regulatory requirements, and share relevant findings with the Risk Management team.
- Collaborate Across the Organization: Work with Risk Management professionals and other departments to support vendor reviews, team initiatives, documentation, and process improvements.
Competencies You’ll Use:
- Critical thinking: Analyze information thoughtfully, evaluate options, and make informed decisions to solve problems.
- Problem-Solving: Leverage your analytical abilities to identify and address risk-related issues.
- Relationship Building: Build and maintain professional relationships with colleagues and business partners, fostering a collaborative and supportive work environment.
- Communication: Communicate clearly and adapt to different audiences in both written and verbal forms.
- Time Management & Organization: Manage multiple tasks and deadlines efficiently, demonstrating strong organizational abilities to prioritize and complete work effectively.
- Professionalism: Maintain integrity, respect, and excellence in all interactions and work environments.
What Sets You Apart:
- Strong Academic Performance and Relevant Coursework: A proven commitment to excellence through your academic achievements, including coursework relevant to the role, such as Business Law, Risk Management, or Contract Management.
- Previous Work Experience: Work experience, in a corporate environment or not, that showcases your skills and work ethic.
- Involvement in Extracurricular Activities: Participation in campus organizations or other activities that display your teamwork, leadership, time management, and passions.
- Leadership and Initiative: Roles or projects where you’ve taken on leadership responsibilities, demonstrate creativity, and proactively addressed challenges.
- Professional Development: Additional training, certifications, or workshops that enhance your qualifications.
- Volunteer Experience: Participation in volunteer opportunities that highlight your ability to collaborate with diverse teams and contribute to community-focused goals.
Take the first step in building your career - send your resume to [email protected] or visit our careers page at www.merchantsbonding.com.
Skills Required
- Strong academic performance and relevant coursework, such as Business Law, Risk Management, or Contract Management
- Previous work experience demonstrating skills and work ethic
- Involvement in extracurricular activities demonstrating teamwork, leadership, time management, and interests
- Leadership experience or initiative demonstrated through roles or projects
- Professional development through relevant training, certifications, or workshops
- Volunteer experience demonstrating collaboration with diverse teams and community contribution
What We Do
Established in 1933, Merchants Bonding Company is a national leader specializing in contract and commercial surety bonds. The company is distinguished by its 'common sense underwriting' approach and first-class customer service, maintaining an 'A' (Excellent) rating or higher from AM Best since 1958. With nearly a century of experience, Merchants focuses exclusively on surety to provide reliable financial security and construction assurance for its clients.
