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Financial Risk Management Intern Jobs in Indianapolis, IN

HHC

COMPLIANCE INTERN (50080449)

Indianapolis, IN · On-site +1

$38K - $46K/yr

The intern will focus on Public and Community Health Programs. Responsibilities include review of ... care, human resources, finance, business, corporate compliance, risk management or quality ...

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Financial Risk Management Intern information

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

As of Aug 6, 2026, the average hourly pay for financial risk management intern in Indianapolis, IN is $18.98, according to ZipRecruiter salary data. Most workers in this role earn between $16.30 and $21.35 per hour, depending on experience, location, and employer.

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.

Financial Risk Management Intern jobs near you

Enterprise Risk Management Intern (Fall)

Group1001

Zionsville, IN • On-site

$17.25 - $22.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 5 days ago

Group1001 rating

9.5

Company rating: 9.5 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

7th of 301 rated insurance

Job description

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.
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