1

Financial Risk Management Intern Jobs in Boston, MA

Risk Consultant

Boston, MA ยท On-site

$85K - $110K/yr

Risk Consultants help our clients to identify, quantify, and visualize the financial risk of natural catastrophes and climate change, helping senior stakeholders make informed risk management and ...

Risk Consultant

Boston, MA ยท On-site

$85K - $110K/yr

Risk Consultants help our clients to identify, quantify, and visualize the financial risk of natural catastrophes and climate change, helping senior stakeholders make informed risk management and ...

Risk Consultants help our clients to identify, quantify, and visualize the financial risk of natural catastrophes and climate change, helping senior stakeholders make informed risk management and ...

Project Management Intern - Fall

Beverly, MA ยท On-site

$43K - $87K/yr

The intern gains hands-on experience with real project workflows while contributing meaningful ... Documentation Support - Maintain project plans, timelines, risk logs, and status reports to ensure ...

next page

Showing results 1-20

Financial Risk Management Intern information

See Boston, MA salary details

$12

$21

$28

How much do financial risk management intern jobs pay per hour?

As of Jun 21, 2026, the average hourly pay for financial risk management intern in Boston, MA is $21.57, according to ZipRecruiter salary data. Most workers in this role earn between $18.56 and $24.28 per hour, depending on experience, location, and employer.

What types of projects and responsibilities can a Financial Risk Management Intern expect during their internship?

As a Financial Risk Management Intern, you can expect to be involved in analyzing financial data, assisting in the development of risk models, and supporting the assessment of market, credit, or operational risks. Interns often collaborate with risk analysts and senior managers to prepare reports, monitor risk exposures, and contribute to risk mitigation strategies. You'll likely work with various teams, such as compliance and finance, gaining hands-on experience with tools and methodologies commonly used in the industry. This exposure provides valuable insights into risk management processes and helps develop practical skills for future roles in finance.

What does a Financial Risk Management Intern do?

A Financial Risk Management Intern supports the risk management team by analyzing financial data, identifying potential risks, and helping to develop strategies to mitigate those risks. Interns may assist with preparing risk reports, monitoring market trends, and using risk assessment tools. This role often provides hands-on experience with financial modeling, regulatory compliance, and internal controls. The position is ideal for students or recent graduates interested in learning about risk management processes within financial institutions or corporations.

What are the key skills and qualifications needed to thrive as a Financial Risk Management Intern, and why are they important?

To thrive as a Financial Risk Management Intern, you need strong analytical skills, knowledge of finance principles, and coursework or a degree in finance, economics, or a related field. Familiarity with risk analysis tools, Microsoft Excel, and sometimes financial modeling software like SAS or Python is highly valued. Attention to detail, effective communication, and eagerness to learn are standout soft skills for this position. These skills enable interns to accurately assess risk, support senior analysts, and contribute meaningfully to risk mitigation strategies.

What is the difference between Financial Risk Management Intern vs Credit Risk Analyst Intern?

AspectFinancial Risk Management InternCredit Risk Analyst Intern
Required CredentialsTypically pursuing finance, economics, or related degreeSimilar educational background, often with coursework in credit analysis
Work EnvironmentFinancial institutions, banks, or investment firmsBanking, lending institutions, or credit agencies
Employer & Industry UsageUsed in risk management departments across finance sectorsCommon in credit departments focusing on loan risk assessment
Comparison Search IntentUnderstanding risk management roles in financeFocusing on credit risk specific roles

Both roles involve analyzing financial data and assessing risks, but a Financial Risk Management Intern has a broader focus on overall financial risks, while a Credit Risk Analyst Intern specializes in credit and loan risk assessment. The choice depends on your interest in general risk management versus credit-specific analysis within the finance industry.

What are the most commonly searched types of Financial Risk Management jobs in Boston, MA? The most popular types of Financial Risk Management jobs in Boston, MA are:
Risk Consultant

Risk Consultant

Karen Clark & Company

Boston, MA โ€ข On-site

$85K - $110K/yr

Full-time

Posted 28 days ago

Be an early applicant


Job description

Risk Consultant

Karen Clark & Company seeks a Risk Consultant to join our Client Services team. Risk Consultants help our clients to identify, quantify, and visualize the financial risk of natural catastrophes and climate change, helping senior stakeholders make informed risk management and strategic decisions.

In this role, you will serve as a primary point of contact for clients, leading engagements, shaping analytical approaches, and delivering insights through clear, compelling communication. You will combine deep technical expertise with strong business acumen to translate complex model outputs into actionable recommendations. Every day, you will communicate the results of detailed analyses, help establish clients with their RiskInsight software environments, and work on a variety of other custom consulting projects.

Internally, you will work closely with several other departments within KCC. You will play a key role in shaping client solutions, influencing product direction, and mentoring junior team members. In tandem with the model development team, you will conduct thorough validation analyses of our cutting-edge catastrophe models, leveraging data analytics and statistical methods.

At KCC, you will have a front row seat to the future of weather and catastrophes as our atmospheric science experts work to quantify the impacts of climate change. Alongside the software team, you will complete quality assurance reviews of new versions of RiskInsight and help scope out new software features. Join the KCC team and have a hand in the future of both the insurance and catastrophe risk modeling industries.

Expected Salary Range: $85,000-$110,000

About KCC:

Karen Clark & Company (KCC) is the innovation and technology leader in weather, climate, and catastrophe risk modeling. KCC professionals are globally recognized experts in catastrophe modeling and risk management. From our headquarters in Boston, Massachusetts, we provide advanced models, innovative software, and comprehensive consulting services to enhance risk management strategies and climate resiliency. KCC modeling technology currently covers tropical cyclones, extratropical cyclones, severe convective storms, floods, earthquakes, winter storms, and wildfires in over 80 countries. For more information, please visit www.kcc.us.com.

Responsibilities

Client Services and Account Management

  • Oversee and lead a wide range of advanced risk analyses to aid in client support and further the development of consulting and internal projects
  • Translate complex analytical outputs into actionable insights and strategic recommendations
  • Communicate results through presentations, reports, emails, and executive summaries tailored to diverse audiences

Product and Technical Collaboration

  • Act as a subject matter expert for RiskInsight, supporting client configuration and advanced use cases
  • Collaborate with software and model development teams to inform product enhancements and priorities
  • Participate in validation and testing of new model and software releases

Qualifications

  • 3-5 years relevant work experience in consulting, analytics, or comparable professional role; background in insurance, catastrophe modeling, or finance preferred
  • Bachelor's degree required (STEM, economics, finance, or related field preferred); MBA or advanced degree a plus
  • Demonstrated experience in client-facing roles, including account management or consulting leadership
  • Strong presentation and communication skills, with the ability to convey complex concepts to non-technical audiences
  • Strong interpersonal, writing, and organizational skills
  • Proven ability to manage multiple clients and projects simultaneously
  • Demonstrated proficiency in programming languages such as SQL and Python required
  • Excellent problem solving and analytical skills
  • Experience with Microsoft tools PowerPoint, Excel, Word