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Internship Probabilistic Risk Assessment Jobs in Cumming, GA

IFG Companies

Underwriting Trainee

Alpharetta, GA · On-site

$65K - $75K/yr

Developing key knowledge benchmarks in underwriting principles, risk assessment, pricing and ... Industry-related summer internship or work experience. * Preferred: Demonstrated leadership ...

Deloitte

System Test and Validation Lead

Atlanta, GA · On-site +1

Apply risk-based validation principles to assess system impact, classify validation requirements ... Experience validating AI/ML-enabled systems, distinguishing deterministic and probabilistic tool ...

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Internship Probabilistic Risk Assessment information

What is an internship in probabilistic risk assessment?

An Internship in Probabilistic Risk Assessment (PRA) is a temporary position where students or recent graduates gain hands-on experience analyzing and quantifying risks associated with complex systems, often in industries like nuclear energy, aerospace, or engineering. Interns typically assist in developing mathematical models, performing simulations, and interpreting data to identify potential hazards and their likelihood. This role helps interns build practical skills in risk analysis, data interpretation, and technical communication under the guidance of experienced professionals.

What do interns in probabilistic risk assessment do?

As an intern in Probabilistic Risk Assessment, you can expect to be involved in tasks such as data collection and analysis, developing risk models, and assisting senior analysts in evaluating the likelihood and impact of various risk scenarios. You may also help prepare reports or presentations that communicate risk findings to other teams. Collaboration with engineers, data scientists, and subject matter experts is common, as risk assessment often draws on diverse expertise to ensure accurate modeling and interpretation. This hands-on experience provides valuable insight into both the technical and communicative aspects of risk assessment in a professional setting.

What skills and qualifications are needed for an internship in probabilistic risk assessment?

To thrive as an Internship Probabilistic Risk Assessment, you need a solid background in mathematics, statistics, and engineering principles, often supported by coursework in risk analysis or reliability engineering. Familiarity with risk assessment software (such as SAPHIRE, RiskSpectrum, or CAFTA), statistical programming languages like Python or R, and relevant data analysis tools is typically expected. Strong analytical thinking, attention to detail, and effective communication help interns interpret complex data and convey findings clearly to multidisciplinary teams. These skills are essential for accurately identifying potential risks and contributing to safety and decision-making processes in technical industries.

What is the difference between Internship Probabilistic Risk Assessment vs Probabilistic Risk Assessment?

AspectInternship Probabilistic Risk AssessmentProbabilistic Risk Assessment
CredentialsTypically students or entry-level professionals with basic knowledgeProfessionals with specialized certifications or advanced degrees
Work EnvironmentInternship settings, training programs, or entry-level projectsFull-time roles in engineering, safety, or risk analysis teams
Industry UsageEducational and training purposes, entry-level exposureOperational risk assessments in industries like nuclear, oil & gas, or aerospace

Internship Probabilistic Risk Assessment is an entry-level, training-focused role for students or new professionals, often part-time or temporary. Probabilistic Risk Assessment is a professional, full-time role involving detailed risk analysis in high-stakes industries. The internship provides foundational experience, while the full role involves advanced analysis and decision-making.

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Internship Probabilistic Risk Assessment jobs near you
Infographic showing various Internship Probabilistic Risk Assessment job openings in Cumming, GA as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution.

Underwriting Trainee

IFG Companies

Alpharetta, GA • On-site

$65K - $75K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 26 days ago

Job description

POSITION SUMMARY

The Underwriter Trainee ("Trainee") participates in the commercial underwriting trainee program of IFG Companies ("Companies"), building foundational skills in technical underwriting, sales and professional development while gaining direct exposure to wholesale insurance brokers across the U.S.  The Trainee follows a structured on-the-job program that combines formal curriculum with real-world application across key lines of coverage, including General Liability, Excess Liability and Inland Marine.  This opportunity is suited for recent graduates and early career professionals with an interest in commercial insurance underwriting and a commitment to professional development. 

POSITION RESPONSIBILITIES INCLUDING

  • Completing a structured underwriting curriculum covering GL, Excess and IM, including self-study modules, facilitated training sessions, case studies and real-world application exercises. 
  • Attending virtual and in-person training sessions and satisfactorily completing progressively challenging underwriting assignments, case studies and gated assessments throughout the program. 
  • Coordinating with Companies’ mentors for structured on-the-job exposure, gaining hands-on experience in account management, submission review and risk assessment.
  • Developing key knowledge benchmarks in underwriting principles, risk assessment, pricing and strategic relationship management with wholesale insurance brokers.
  • Supporting the Companies’ underwriters in developing insurance solutions for a wide range of small and middle market clients.
  • Participating in regular coaching and mentor check-ins to track progress, address knowledge gaps and prepare for transition into a full production underwriting role.
  • Performing other duties, as requested.

 KNOWLEDGE, SKILLS AND ABILITIES

  • Meticulous and disciplined attention to detail, with a commitment to accuracy in all underwriting work.
  • Strong academic performance and demonstrated intellectual curiosity.
  • Consistent work ethic and reliability in a fast-paced, deadline-driven environment.
  • Enthusiastic and passionate about the insurance industry, with a genuine interest in commercial underwriting. 
  • Strong interpersonal skills and an entrepreneurial mindset, with the ability to build rapport with brokers, mentors, and colleagues.
  • Effective verbal and written communication skills, with the ability to convey underwriting rationale clearly and professionally.
  • Strong analytical and problem-solving skills, with the ability to interpret data and apply sound judgment to underwriting decisions.
  • Humility and the ability to receive constructive feedback, adapting quickly to coaching and mentorship.
  • Ability to manage multiple assignments and competing deadlines, functioning with increasing independence as the program progresses.
  • Collaborative, team-oriented mindset, with the ability to work effectively across departments and with external broker partners.
  • Excellent computer skills (e.g. Excel, Word, SharePoint) and the ability and willingness to learn the Companies’ proprietary systems. 

EDUCATION, EXPERIENCE AND CERTIFICATIONS

  • Required: A bachelor's degree from an accredited U.S. college/university, with a major or coursework in insurance, risk management, economics, actuarial science, or related fields.
  • Required: Proficiency with Microsoft applications such as Outlook, Excel, PowerPoint, Word, Copilot and the ability to learn other business applications.
  • Required: Excellent written an verbal English communication skills. 
  • Preferred: Industry-related summer internship or work experience. 
  • Preferred: Demonstrated leadership, teamwork and a positive attitude toward learning through academic, extracurricular or work experiences. 

PHYSICAL DEMANDS

  • Position is hybrid and requires the ability and the willingness to work in an IFG Companies office at least three (3) days per week if residing within one-hour commuting distance.
  • Physical demands are considered those of a climate-controlled office environment with minimal physical exertion.
  • Position requires prolonged sitting, extensive utilization of computers and interactions with others in person and via phone.
  • Position requires the ability and the willingness to travel when required to meet business needs.

SALARY AND BENEFITS

The salary range for this position is $65,000 to $75,000. Additionally, the position may be eligible to earn incentive compensation.

IFG Companies offers competitive compensation and benefits, currently including medical, dental, vision, 401(k), flexible spending, short-term and long-term disability insurance, life insurance, paid parental leave, vacation and other paid time off.

WHY IFG COMPANIES

Founded in 1985, IFG Companies is one of the oldest privately held insurance groups in the United States. It combines a specialty-carrier focus with long-term stability and thinking, while promoting a culture of underwriting rigor, collaboration, strategic thinking, superior technology and strong producer partnerships.

EQUAL OPPORTUNITY

IFG Companies is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status or any other protected characteristic under applicable law.