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Financial Risk Management Intern Jobs in Washington, DC

Risk Management Analyst

Washington, DC ยท On-site

$69K - $158K/yr

Risk Management Analyst The Opportunity: Use your industry or domain expertise to assess risk ... Our offerings include health, life, disability, financial, and retirement benefits, as well as paid ...

Risk Management Analyst

Mclean, VA ยท On-site

$69K - $158K/yr

Risk Management Analyst The Opportunity: Use your industry or domain expertise to assess risk ... Our offerings include health, life, disability, financial, and retirement benefits, as well as paid ...

Senior Auditor - Risk Management

Mclean, VA

$81K - $100K/yr

At least 2 years of experience in auditing one or more of the following areas: banking or financial services industry or risk management Preferred Qualifications: * Master's Degree in Auditing ...

Senior Auditor - Risk Management

Mclean, VA ยท On-site

$81K - $100K/yr

At least 2 years of experience in auditing one or more of the following areas: banking or financial services industry or risk management Preferred Qualifications: * Master's Degree in Auditing ...

Senior Auditor - Risk Management

Mclean, VA

$81K - $100K/yr

At least 2 years of experience in auditing one or more of the following areas: banking or financial services industry or risk management Preferred Qualifications: * Master's Degree in Auditing ...

Senior Auditor - Risk Management

Mclean, VA ยท On-site

$81K - $100K/yr

At least 2 years of experience in auditing one or more of the following areas: banking or financial services industry or risk management Preferred Qualifications: * Master's Degree in Auditing ...

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Financial Risk Management Intern information

See Washington, DC salary details

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

As of Jul 20, 2026, the average hourly pay for financial risk management intern in Washington, DC is $22.49, according to ZipRecruiter salary data. Most workers in this role earn between $19.33 and $25.34 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 Washington, DC? The most popular types of Financial Risk Management jobs in Washington, DC are:
Senior Manager, Risk Management

Senior Manager, Risk Management

HITT Contracting, Inc.

Falls Church, VA โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 18 days ago


Job description

Every day, our team members do amazing things in pursuit of our shared purpose to build trust with our clients, partners, subcontractors, and teammates. No matter your background, education, or career path, if you share our vision to create extraordinary experiences, you belong at HITT.
Senior Manager, Risk Management
Job Description:
The Senior Manager, Insurance & Risk Management is a subject matter expert responsible for leading the Insurance & Risk Management function across HITT's family of operating companies. This role provides strategic vision and hands-on oversight for all insurance and risk management functions, with deep expertise in property & casualty (P&C) insurance, subcontractor default insurance (SDI), and surety.
The Senior Manager manages and optimizes enterprise-wide insurance programs including commercial property casualty as well as risk financing and captive insurance; oversees contractual risk transfer initiatives; and drives departmental initiatives. Reporting directly to the Vice President, Insurance & Risk Management, this role serves as a strategic business partner to both corporate and operational leadership across the organization.
The ideal candidate brings broad P&C expertise with strong construction industry acumen, is comfortable leading technical discussions with carriers, brokers, and legal counsel, and is a passionate advocate for sound risk management. This role demands sharp analytical skills, excellent communication skills, and a high degree of ownership and accountability. This role manages a team of insurance professionals and contributes to the organization as a subject-matter expert.
Responsibilities
Insurance Program Management
  • Maintain and optimize enterprise-wide P&C insurance programs including general liability, workers' compensation, auto, property, umbrella, professional liability, pollution liability, cyber, management liability, and builder's risk across all HITT operating companies (general contracting, self-perform construction, manufacturing, and logistics).
  • Lead the annual insurance renewal process, including market negotiations, coverage analysis and enhancements, and program design.
  • Negotiate terms and pricing with carriers and brokers to optimize coverage and cost-effectiveness.
  • Manage and optimize relationships with insurance carriers, brokers, loss control consultants, and legal counsel.

Surety
  • Oversee and manage surety bonding programs and relationships.
  • Develop and maintain broker and surety relationships to support bonding capacity and terms aligned with HITT's project pipeline.

Captive Management
  • Serve as liaison with the organization's captive manager, overseeing day-to-day administration, ensuring timely completion of regulatory filings, financial reporting, and compliance requirements across all licensed jurisdictions.
  • Coordinate annual captive renewal process with the captive manager, including actuarial studies, feasibility analyses, loss reserve reviews, and premium calculations, while monitoring captive performance against funding and risk retention goals.
  • Collaborate with the captive manager, auditors, and regulators to support annual audits, board meetings, and strategic planning initiatives, providing recommendations on captive structure, coverage lines, and capital adequacy.

Risk Management Strategy & Governance
  • Develop and implement comprehensive, enterprise-wide risk mitigation strategies across diverse operational environments.
  • Establish and enforce risk management policies, procedures, and processes; advocate for organization-wide engagement in risk management activities.
  • Review, interpret, and advise on construction contract insurance and surety requirements.
  • Collaborate with operations, safety leadership, and other departments on risk management and emergency response matters.
  • Serve as insurance and surety strategic liaison to all operating companies.

Financial Management & Reporting
  • Manage the departmental budget and control insurance program costs.
  • Execute financial modeling, reconciliation, and reporting for all insurance programs.
  • Develop and implement strategies, policies, and procedures for insurance cost recovery.
  • Oversee internal insurance and risk management reporting for HITT and captive insurance company.
  • Analyze claims trends to identify root causes, implement corrective actions, and provide periodic reporting to leadership.
  • Provide periodic reporting to the Board of Directors on risk management trends and program performance.

Qualifications
Education
  • Bachelor's degree in Risk Management, Business, Finance, Economics, Safety, or a related field preferred; equivalent work experience accepted in lieu of degree.
  • Professional designations (CPCU, ARM, CRM) and/or active P&C license preferred.

Experience
  • 7+ years of progressive insurance and risk management experience, with specific expertise in construction, manufacturing, or logistics industries.
  • Demonstrated expertise in property & casualty insurance program design, placement, and management.
  • Proven experience with surety bonding programs and carrier/broker relationship management.
  • Experience with loss-sensitive and fronted casualty insurance programs.
  • Familiarity with liability, property, and workers' compensation claims handling practices.

Skills & Competencies
  • Ability to read, interpret, and apply complex insurance policy language.
  • Comfortable with construction contract insurance requirements, surety review, interpretation, and drafting.
  • Strong data analytics skills; proficiency in Microsoft Excel, including large data set management, charting, and drawing actionable conclusions.
  • Exceptional written and verbal communication skills, with the ability to distill complex insurance concepts for varied audiences, including executive leadership.
  • Project management mindset: able to manage multiple concurrent projects, teams, deliverables, and deadlines.
  • Solution-focused critical thinker who considers varied perspectives and drives decisions with accountability and ownership.
  • Strong organizational and analytical skills with a keen eye for detail.

Location
This role is based at HITT's headquarters in Falls Church, VA and reports in-office a minimum of four (4) days per week.
In accordance with Virginia Senate Bill 215 (SB 215), the base salary range for this position is:
$115,000.00 - $165,000.00
Compensation in other cities and states may vary. HITT Contracting offers a competitive total benefits and compensation package including performance-based bonuses, premium health care coverage including vision and dental, employer-matched 401(k), wellness reimbursement program, paid holidays and time-off, and other voluntary benefits and leave types. The determination of salary is based on the candidate's individual professional experience, qualifications, education, skills, and training.
HITT Contracting is an equal opportunity employer. We are committed to hiring and developing the most qualified individuals based on job-related experience, skills, and merit. All employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic. We value a respectful, inclusive workplace where everyone has the opportunity to succeed. HITT Contracting maintains a drug-free workplace, consistent with applicable local, state, and federal laws.