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Quantitative Risk Analyst Intern Jobs in Michigan

Kettering Co-op

Lansing, MI

$19.50 - $25.50/hr

Define, develop, test, analyze, and maintain software programs and applications * Actively ... Responsible for reducing IT Security risk and responding to incidents. Responsibilities include:

... security, risk management, and regulatory compliance within a financial services environment ... Brainstorm security related topics and conduct research and analysis to support team initiatives ...

New

This role partners closely with commercial lenders to structure credit solutions, assess risk, and ... Strong financial analysis and quantitative skills • Advanced financial statement and cash flow ...

Purchasing Intern (Year-Round)

Troy, MI · On-site

$17 - $23/hr

This role is designed for a student who is analytical, curious, detail-oriented, and comfortable ... supplier risk, and purchasing process monitoring * Support tracking of action plans related to ...

Strong analytical, critical thinking, and organizational skills * Enthusiasm for developing ... Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP). * Expertise ...

Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and ... Minimum Qualifications * Bachelor's degree in a quantitative discipline (e.g., engineering ...

Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and ... Minimum Qualifications * Bachelor's degree in a quantitative discipline (e.g., engineering ...

Familiarity with banking regulations and credit risk principles. Skills * Strong financial analysis and quantitative skills. * Ability to interpret financial statements and cash flow. * Attention to ...

Showing results 21-40

Quantitative Risk Analyst Intern information

What are the key skills and qualifications needed to thrive as a Quantitative Risk Analyst Intern, and why are they important?

To thrive as a Quantitative Risk Analyst Intern, you need a solid background in mathematics, statistics, and finance, often supported by progress toward a relevant degree such as finance, economics, or applied mathematics. Familiarity with programming languages like Python or R, statistical analysis tools, and risk management platforms such as SAS or MATLAB is typically expected. Strong analytical thinking, attention to detail, and effective communication skills help interns interpret complex data and present findings clearly. These skills are crucial for accurately assessing risks, supporting data-driven decision-making, and contributing to effective risk management strategies.

What does a Quantitative Risk Analyst Intern do?

A Quantitative Risk Analyst Intern supports the risk management team by analyzing financial data, building statistical models, and assessing potential risks that could impact an organization. They use mathematical and statistical techniques to identify, measure, and monitor risks associated with investments, market movements, or operational activities. Interns often help with data collection, programming (using tools like Python, R, or Excel), and preparing reports for senior analysts. This role provides valuable hands-on experience in applying quantitative methods to real-world financial risk scenarios.

What is the difference between Quantitative Risk Analyst Intern vs Quantitative Risk Analyst?

AspectQuantitative Risk Analyst InternQuantitative Risk Analyst
Required credentialsTypically pursuing or recent graduate with a degree in finance, economics, or related fieldBachelor's or master's degree in a relevant field, often with some professional experience
Work environmentInternship setting, often part-time or summer program within financial institutionsFull-time role within banks, investment firms, or insurance companies
Employer and industry usageUsed in internship programs across finance and risk management firmsStandard position in risk management departments of financial services

The main difference between a Quantitative Risk Analyst Intern and a Quantitative Risk Analyst is experience level and responsibility. Interns are typically students gaining exposure, while analysts are full-time professionals responsible for assessing and managing risk strategies.

What types of projects and responsibilities can a Quantitative Risk Analyst Intern expect during their internship?

As a Quantitative Risk Analyst Intern, you can expect to work on projects involving data analysis, risk modeling, and validation of existing financial models. You may assist in stress testing portfolios, researching risk factors, and automating data processes under the guidance of senior analysts. Interns typically collaborate closely with risk management, trading, and IT teams, gaining hands-on experience with industry-standard tools and methodologies. This role offers an excellent opportunity to develop technical skills and an understanding of how risk is measured and managed in financial institutions.
What are the most commonly searched types of Quantitative Risk Analyst jobs in Michigan? The most popular types of Quantitative Risk Analyst jobs in Michigan are:
What cities in Michigan are hiring for Quantitative Risk Analyst Intern jobs? Cities in Michigan with the most Quantitative Risk Analyst Intern job openings:

$19.50 - $25.50/hr

Part-time

Posted 25 days ago


Job description

A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.

Job Description

Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated student to join us as a Kettering Co-op. Areas available for co-ops are software development, IT security, or predictive modeling. Please indicate somewhere on your application which areas are of interest to you. These positions are in Lansing, Michigan. Some may potentially be available in Grand Rapids, Michigan depending upon team placement. We accept A & B section students.

If you are a Master's student seeking an internship please do not apply to this co-op post. Internship postings can be found here: https://aoins.wd5.myworkdayjobs.com/AutoOwners

Software Developer Co-op:

Responsibilities include developing, maintaining, and supporting software applications for new and existing systems.The position requires the person to:

  • Define, develop, test, analyze, and maintain software programs and applications
  • Actively participate in code/design reviews as well as brainstorming sessions
  • Develop program and system documentation
  • Analyze and fixes software errors in a timely and accurate fashion
  • Consult with users, architects, project leaders, and management to resolve problems and suggest alternatives
  • Assist with other duties in the department when requested by management

Desired Skills and Experience

  • Students must be working toward a bachelor's degree in Computer Science, Computer Engineering, or a related field
  • Our development technologies include but are not limited to the following: Java, JavaScript/HTML/CSS, VB.NET, SAP ABAP, SQL, and COBOL
  • Experience with HTML, CSS, JavaScript, and jQuery is a plus
  • Enthusiasm for driving improvement by finding and implementing solutions to new challenges
  • Must be able to learn and effectively use tools and software development techniques as practiced, acquired, or adopted within IT

IT Security Co-op:

Responsible for reducing IT Security risk and responding to incidents. Responsibilities include:

  • Researching, developing, maintaining and supporting security software tools
  • Investigating security incidents
  • Participating in security risk assessments and working with other teams to remediate security vulnerabilities
  • Educating other company associates on security best practices
  • Recommending security policies

Desired Skills and Experience

  • Students must be working toward a bachelor's degree in Computer Science, the Concentration or Minor of Cybersecurity is preferred.
  • Experience working with a Security Information and Event Management (SIEM) tool
  • Experience working with a vulnerability management tool
  • Experience and ability to perform independent research on new security tools
  • Ability to independently learn to use new software
  • Ability to handle multiple projects
  • Ability to effectively communicate to team members and management
  • Ability and interest to obtain industry security certifications

Predictive Modeler Co-op:

Responsibilities include:

  • Using statistical or machine learning techniques to build models that address business needs and comply with regulatory requirements
  • Working with large, complex data sets and developing a working knowledge of Auto-Owners data structures and metrics
  • Conducting ad-hoc analysis and presenting results clearly at multiple-levels of stakeholders through visual displays of quantitative information
  • Creating clear and easy to understand documentation for models
  • Monitoring model performance and implementing iterative improvements

Desired Skills & Experience

  • Student must be working toward a bachelor's degree in Kettering's Computer Science area. The AI concentration or minor is preferred.
  • Outstanding problem solving and critical thinking skills
  • An understanding of statistical modeling or data science concepts, especially clustering, regression, and classification techniques.
  • Aptitude and willingness to learn new things
  • Strong communication skills and ability to work as part of a team
  • (Preferred) Proficiency with common coding languages (Python, R, SQL, etc.)
  • (Preferred) Advanced degree in a quantitative discipline. If you are studying for Kettering's Master degree in Data Science, please clearly list if you'd be looking to co-op or only intern for a summer.
  • (Preferred) Professional experience building models with large data sets

Equal Employment Opportunity

Auto-Owners Insurance is an equal opportunity employer. The Company hires, transfers, and promotes on the basis of ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state or local law.

*Please note that the ability to work in the U.S. without current or future sponsorship is a requirement.

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