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Internship Risk Quant Jobs in Virginia (NOW HIRING)

Associate Underwriter

Richmond, VA · On-site

$65K - $80K/yr

Analyzing and evaluating commercial insurance submissions to assess risk and ensure profitability ... Prior experience or internships demonstrating sound judgment, quantitative ability, and growth ...

Associate Underwriter

Richmond, VA · On-site

$65K - $80K/yr

Analyzing and evaluating commercial insurance submissions to assess risk and ensure profitability ... Prior experience or internships demonstrating sound judgment, quantitative ability, and growth ...

Showing results 41-53

Internship Risk Quant information

What is an internship risk quant?

Internship Risk Quants are students or recent graduates who take on temporary roles within financial institutions to assist with quantitative analysis related to risk management. Their main responsibilities include analyzing financial data, developing risk models, and helping identify potential risks for the company. These internships provide hands-on experience with statistical tools, programming, and risk assessment in real-world finance environments. The goal is to prepare interns for full-time quantitative risk analyst roles after graduation.

What types of projects does an internship risk quant typically work on, and how do these projects contribute to the overall risk management strategy of the firm?

Risk Quant interns often work on projects involving data analysis, model validation, and the development of risk assessment tools under the guidance of senior quants. These projects may include tasks such as back-testing risk models, analyzing large datasets to identify potential risk exposures, and automating reporting processes. By contributing to these initiatives, interns help improve the firm's ability to measure and manage financial risks, gaining practical experience with real-world quantitative finance tools and methodologies. Collaboration with teams like trading, risk management, and IT is common, offering interns broad exposure to how quantitative analysis supports strategic decision-making in the organization.

What are the key skills and qualifications needed to thrive as an internship risk quant, and why are they important?

To thrive as an Internship Risk Quant, you typically need strong quantitative skills, a solid background in mathematics, statistics, or finance, and progress towards a relevant degree such as in quantitative finance or a related field. Familiarity with programming languages like Python, R, or MATLAB, as well as experience with risk management systems and financial modeling tools, is highly valued. Attention to detail, analytical thinking, and effective communication skills help interns collaborate and present complex findings clearly. These capabilities are critical for analyzing risk data accurately and supporting decision-making in dynamic finance environments.

What is the difference between Internship Risk Quant vs Risk Analyst?

AspectInternship Risk QuantRisk Analyst
Required CredentialsTypically pursuing or recent graduate, some quantitative courseworkBachelor's or master's in finance, economics, or related field; certifications like FRM or CFA often preferred
Work EnvironmentInternship setting, often in financial institutions or asset management firmsFull-time role in banks, hedge funds, or investment firms
Industry UsageCommonly used for entry-level or internship positions in risk managementEstablished role for ongoing risk assessment and management

The main difference is that an Internship Risk Quant is an entry-level, temporary position aimed at gaining experience, while a Risk Analyst is a full-time professional role responsible for ongoing risk evaluation within financial organizations.

What are the most commonly searched types of Risk Quant jobs in Virginia?

The most popular types of Risk Quant jobs in Virginia are:

What cities in Virginia are hiring for Internship Risk Quant jobs?

Cities in Virginia with the most Internship Risk Quant job openings:

Consultant - Federal Health (Tysons Corner)

Guidehouse

Mclean, VA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 21 days ago


Guidehouse rating

8.0

Company rating: 8.0 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

33rd of 72 rated business consultants


Job description

Job Family:

Finance & Accounting Consulting, Operational Effectiveness Consulting, Strategy & Transformation Consulting


Travel Required:

Up to 10%


Clearance Required:

Ability to Obtain Public Trust

What You Will Do:

As a Consultant within the Guidehouse Federal Health Advisory practice, you will help clients transform their business processes,develop and implement organizational strategies andculturaltransformations,improve efficiency and operations, increase transparencyandperformancemanagement,andcomply withFederal laws and regulations. You willserve asa critical member of project teams, helpingourclients solve complex public health and business challenges from strategy through execution. This includes conducting qualitative andqualitativedataanalysis,preparingand presenting well-organized, effective reports and presentations to client and internal executives,andsupportingday-to-day operationalmeetings withclients and consulting leaders.

As a consultant, you will have an opportunity to deepen your specialized knowledge and consulting skills, with room for long-term professional growth and career development within the firm. We are looking for candidates who are self-motivated,outcomesoriented, and capable and willing to develop solutions on their own and collaboratively as part of a team of highly skilled professionals.

  • Serve as a critical team member for management consulting projects, from project initiation, through analysis, solutions development, implementation, andcloseout; projects can span organizational development and transformation, strategic planning and implementation, business process improvement, risk management, and change management and strategic communications, as well as direct-mission support to federal health clients

  • Apply critical thinking and analytical problem-solving skills to collect quantitative and qualitative data (e.g., interviews, focus groups, surveys,documentand dataset review)

  • Analyze quantitative and qualitative data and develop meaningful insights to address complex organizational challenges and support client decision-making

  • Support the end-to-end development of client work products and presentations, such as root cause and gapanalysis, findings and recommendation reports, requirements documents, process flows, standard operating procedures, strategic plans, strategic communications, and reporting dashboards

  • Build and sustain meaningful relationships with clients and colleagues

  • Contribute to positive, inclusive team culture and collaborative working environment

  • Understand and use firm capabilities, solutions, and methodologies

  • Support internal and business development initiatives, such as communities of practice and proposals


What You Will Need:

  • Bachelor's Degree or Master'sDegree with aconcentration in Accounting, Business Administration, Business Analytics, Communications, Economics, Finance, Health Policy, Management/Information Systems, Public Administration, Public Health, Public Policy,or other related STEM majors

  • 0-1years of professional experience in consulting, strategy, organizational transformation, organizational development, process improvement, workforce strategy, change management, communications, monitoring and evaluation, or emergency response and preparedness

  • Strong analytical and problemsolving skills, with experience using data to support recommendations


What Would Be NiceToHave:

  • Exposure to process improvement, project management, or change management concepts (coursework, internships, or certifications such as Lean Six Sigma or CAPM)

  • Ability to manage multiple tasks and adapt in a fastpaced, teambased environment

  • Experience collaborating with teammates and communicating effectively with diverse stakeholders(from line staff to senior leaders)

  • Strong written and visual communication skills, including creating clear presentations and materials

  • Basic familiarity with financial concepts (e.g., budgeting, cost analysis, or financial operations) through coursework or experience

  • Interest in or exposure to publichealthand/orfederal governmentwork

  • Advancedproficiencywith MS Office tools: Word, Excel, PowerPoint

  • Proficiencyin data visualization tools (e.g., Power BI, Tableau)

  • Familiarity with or curiosityregardingAI tools to improve efficiency and delivery


What We Offer:

Guidehouse offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace.

Benefits include:

  • Medical, Rx, Dental & Vision Insurance

  • Personal and Family Sick Time & Company Paid Holidays

  • Position may be eligible for a discretionary variable incentive bonus

  • Parental Leave and Adoption Assistance

  • 401(k) Retirement Plan

  • Basic Life & Supplemental Life

  • Health Savings Account, Dental/Vision & Dependent Care Flexible Spending Accounts

  • Short-Term & Long-Term Disability

  • Student Loan PayDown

  • Tuition Reimbursement, Personal Development & Learning Opportunities

  • Skills Development & Certifications

  • Employee Referral Program

  • Corporate Sponsored Events & Community Outreach

  • Emergency Back-Up Childcare Program

  • Mobility Stipend

About Guidehouse

Guidehouse is an Equal Opportunity Employer-Protected Veterans, Individuals with Disabilities or any other basis protected by law, ordinance, or regulation.

Guidehouse will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable law or ordinance including the Fair Chance Ordinance of Los Angeles and San Francisco.

If you have visited our website for information about employment opportunities, or to apply for a position, and you require an accommodation, please contact Guidehouse Recruiting at 1-571-633-1711 or via email at RecruitingAccommodation@guidehouse.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodation.

All communication regarding recruitment for a Guidehouse position will be sent from Guidehouse email domains including @guidehouse.com or guidehouse@myworkday.com. Correspondence received by an applicant from any other domain should be considered unauthorized and will not be honored by Guidehouse. Note that Guidehouse will never charge a fee or require a money transfer at any stage of the recruitment process and does not collect fees from educational institutions for participation in a recruitment event. Never provide your banking information to a third party purporting to need that information to proceed in the hiring process.

If any person or organization demands money related to a job opportunity with Guidehouse, please report the matter to Guidehouse's Ethics Hotline. If you want to check the validity of correspondence you have received, please contact recruiting@guidehouse.com. Guidehouse is not responsible for losses incurred (monetary or otherwise) from an applicant's dealings with unauthorized third parties.

Guidehouse does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Guidehouse and Guidehouse will not be obligated to pay a placement fee.


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