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Internship Vendor Risk Analyst information

What is an internship vendor risk analyst?

An Internship Vendor Risk Analyst is an entry-level position, often designed for students or recent graduates, that focuses on assessing and managing the risks associated with third-party vendors. Interns in this role help organizations evaluate the security, compliance, and reliability of vendors by analyzing documentation, conducting risk assessments, and supporting ongoing risk monitoring activities. They work under the guidance of senior analysts to ensure vendors meet company standards and regulatory requirements, gaining hands-on experience in risk management and vendor oversight.

What are some common challenges internship vendor risk analysts face when assessing third-party vendors?

Internship Vendor Risk Analysts often encounter challenges such as limited access to comprehensive vendor data, navigating complex regulatory requirements, and balancing multiple stakeholder interests. Interns must learn to evaluate risk with incomplete information and communicate findings clearly to both internal teams and vendors. Building strong analytical and communication skills, as well as understanding the organization's risk appetite, are key to overcoming these challenges and making meaningful contributions during the internship.

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

To thrive as an Internship Vendor Risk Analyst, you need a solid understanding of risk assessment, vendor management principles, and basic knowledge of compliance frameworks, often supported by coursework in finance, business, or information security. Familiarity with tools like Excel, risk management software, and platforms such as SAP Ariba or RSA Archer is typically expected. Attention to detail, analytical thinking, and effective communication are standout soft skills for gathering data and collaborating with internal stakeholders. These skills are crucial for identifying potential vendor risks, ensuring regulatory compliance, and supporting organizational decision-making.

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

AspectInternship Vendor Risk AnalystVendor Risk Analyst
CredentialsTypically pursuing or recent graduate, some certifications optionalUsually requires professional certifications like CRISC or CTP
Work EnvironmentInternship setting, entry-level tasks, learning-focusedFull-time role, responsible for ongoing risk assessments
Industry UsageCommon in finance, consulting, and tech companies for trainingEstablished position in risk management departments across industries

The Internship Vendor Risk Analyst is an entry-level role designed for students or recent graduates gaining experience in vendor risk management. In contrast, the Vendor Risk Analyst is a full-time professional responsible for ongoing risk assessments and mitigation strategies. While both roles involve evaluating vendor risks, the internship focuses on learning and support, whereas the analyst role involves independent decision-making and expertise.

What are the most commonly searched types of Vendor Risk Analyst jobs in Tennessee? The most popular types of Vendor Risk Analyst jobs in Tennessee are:
What cities in Tennessee are hiring for Internship Vendor Risk Analyst jobs? Cities in Tennessee with the most Internship Vendor Risk Analyst job openings:
Internship Vendor Risk Analyst jobs near you
Infographic showing various Internship Vendor Risk Analyst job openings in Tennessee as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution.

Aetna/CVS Health Virtual Underwriting Externship Program

CVS Health

Memphis, TN • On-site

Other

Posted 17 days ago

CVS Health rating

5.8

Company rating: 5.8 out of 10

Based on 4,332 frontline employees who took The Breakroom Quiz

89th of 112 rated pharmacies

Job description

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Values in Action support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient, and affordable.

Position Summary:

Are you a current college student eager to explore the dynamic world of insurance and underwriting? Join us for a transformative 3-week virtual externship program designed to introduce you to the fundamentals of underwriting and risk analysis and offer professional development sessions to build your professional skill set. This program is ideal for individuals looking to learn more about the underwriting field and jump start their career with an industry leader.

The Underwriting Externship Program looks to provide externs with immersive, hands-on underwriting experience that helps them understand the role of a full-time underwriter and Aetna’s underwriting organization. This program serves as one of the primary pipelines for the Underwriting Internship Program and the full-time Underwriting Leadership Development Program.

You will also have the opportunity to apply and interview for a position in our 2028 Summer Corporate Underwriting Internship Program (UIP). This program is intended to take place at our Hartford, CT office location following a hybrid work model.

Position: Underwriting Extern

Duration: Three Week Program; Tuesday, Wednesday, Thursday from 3:00pm-4:30pm ET

Program Dates:

  • Week 1: September 29th, 30th and October 1st
  • Week 2: October 6th, 7th, 8th
  • Week 3: October 13th, 14th, 15th

Location: Remote/Virtual (Using your own personal laptop/computer)

Program Overview:

  • Unpaid Educational Experience: Participants who complete the program will receive priority during the following internship recruiting season.
  • Introduction to Underwriting: Learn the basics of underwriting, risk analysis, and pricing strategies.
  • Virtual Training Sessions: Engage in interactive virtual sessions led by industry experts to deepen your understanding of underwriting concepts and practices.
  • Case Studies: Apply your knowledge to real-world scenarios and collaborate with peers to analyze risks, make underwriting decisions, and present recommendations.
  • Professional Development: Gain insights into career paths within the insurance industry, receive mentorship from seasoned professionals, and build foundational skills in communication, problem solving, and decision-making.
  • Networking Opportunities: Connect with company leaders, underwriters, and other industry professionals to expand your network and gain valuable insights into the industry.

Required Qualifications:

  • Currently enrolled in an undergraduate program; Sophomore students preferred (12/2028 – 5/2029 Graduation date).
  • Access to a computer with reliable internet connection for virtual sessions.
  • Available for ALL Externship Dates (listed above)

Preferred Qualifications:

  • Majors in: Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)
  • Strong analytical skills and attention to detail.
  • Excellent communication and interpersonal skills.
  • Curiosity about the insurance industry and eagerness to learn about underwriting and risk analysis.

Program Highlights:

  • Gain a comprehensive understanding of underwriting and risk analysis from industry leaders.
  • Develop foundational skills essential for a successful career in the insurance industry.
  • Build a professional network and establish connections with insurance professionals.
  • Receive a certificate of completion at the end of the externship.
  • Receive priority in the following underwriting internship recruiting process.

Recruiting Process:

To be considered, please submit a resume with your application. We will be reviewing applications on a rolling basis with the opportunity tentatively closing on Sunday, September 6th, at 11:59 p.m. (ET) or if externship spots are filled sooner. The recruiting process consists of an On-Demand Virtual Interview. We will inform you of an interview decision two weeks after your interview submission.

Embark on a journey of exploration and discovery in the world of underwriting with one of the top insurance companies. Apply now and take the first step towards a rewarding career in insurance!

This role is part of an unpaid program and is not eligible for pay or benefits.

This job does not have an application deadline, as CVS Health accepts applications on an ongoing basis.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

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