Internship - Enterprise Risk Management

Overview:

Why AAA Life

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.

 

How You'll Work

Work Solution: Hybrid (Tuesday- Thursday)

Responsibilities:

 

What You'll Do

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.

 

Your Role Will Require You To:

• 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.

Qualifications:

Qualifications

Basic Required Qualifications:

• 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

 

Preferred Qualifications

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

 

Essential Job Functions

While performing the duties of this job, the employee is frequently required to stand, walk, sit, use hands to finger, handle, or feel, talk, hear and concentrate.  Specific vision abilities required by this job include close vision, distance vision, depth perception, and ability to adjust focus.

 

This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.  Reasonable accommodation will be made for otherwise qualified applicants as needed to enable them to fulfill these requirements.

 

We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.

 

PM21

 

#LI-Hybrid

AAA Life Insurance Company is fueled by our mission of providing financial security and peace of mind to AAA members through our life insurance products, delivering on the outstanding customer service that members have come to expect from the AAA brand. Whether you purchase a policy through our trusted agents, online, over the phone, or by mail, our focus is fulfilling on the promise we make to you. Founded in 1969, AAA Life is built on the trust Americans place in the AAA brand. We are continually inspired to be a leading provider of life insurance to AAA members. Our priority is to ensure our policyholders have a smooth and easy process in securing life insurance coverage, with innovative products and exceptional customer service that meet their needs at whatever stage of life they are in. With over 1.6 million active policies, AAA Life has a rating of A (Excellent) from AM Best as of August 2022. Our mission and vision are exemplified in our associates, who work collaboratively to fulfill our core values which include putting members first, enhancing the AAA brand, inclusive diversity and working in symphony to drive results that deliver on our promise to AAA members and contribute to the success of AAA Life. Join AAA Life, our associates, our agents and AAA club partners as we continue on life’s journey together. Life insurance underwritten by AAA Life Insurance Company, Livonia, MI. AAA Life Insurance Company (CA Certificate of Authority #07861) is licensed in all states except NY.