Risk Management Intern - Summer 2025 at Chubb

Posted in General Business about 2 hours ago.

Type: Full-Time
Location: Chicago, Illinois





Job Description:

JOB DESCRIPTION

Combined Insurance, a Chubb company, is seeking a Risk Management Intern to join our fast-paced, high energy, growing company for a Summer 2025 internship. Combined Insurance is a leading provider of individual supplemental accident, disability, health and life insurance products. We pride ourselves on being customer-centric, people-driven, accountable, performance-minded and ethical. Spend your summer working as a Combined Insurance Intern where you will have the opportunity to gain career-building experience.

Who are we looking for?

Successful interns at Combined Insurance come from many backgrounds and experiences and bring that rich diversity with them to our company. They also have some things in common, and these attributes will lead to your success at Combined:


  • Results orientation: a demonstrated ability to meet commitments; including under pressure
  • Intellectual agility: capable and willing to master and apply new knowledge
  • Personal capacity: accepting and welcoming of additional responsibility over time
  • Communication skills: an ability to communicate successfully in various settings
  • Interpersonal/team skills: able to work effectively with colleagues at all levels
  • Self-leadership: an ability to take full ownership of work and show initiative as needed
  • Client focused: understanding of the needs of customers and clients
  • Work ethic: a commitment to hard work and a high ethical conduct
Examples of potential Intern tasks/projects:

  • Performing vendor risk assessments for partner organizations that are looking to work with Combined Insurance to validate the existence of a proper control environment.
  • Monitoring of risk exposures in conformity with the risk principles, profile, appetite, and limits approved by the Board of Combined Insurance while aggregating and reporting material risks.
  • Partnering closely with the other control functions, supporting the Combined Insurance Company, to ensure that operational controls meet management's need for risk oversight
  • Supporting the Global Risk Management team in educating the business on risk policies, processes and applications as needed and promoting a strong fiduciary risk management culture
  • Reviewing user access reports to ensure that the assigned access is appropriate based on the role the individual has within the organization and working with the management team to ensure that the access has been approved per the guidelines.
  • Attending Risk Management meetings, including overseeing the status of any remediation programs necessary to address control issues and providing regular reports to Management
  • Reviewing new business opportunities and outsourcing Initiatives while creating an awareness of relevant risks.
  • Working with the management team to evaluate the resilience of the business continuity framework in place to support the departments recovery plans.
Requirements

  • Efficient in Microsoft Office, especially Excel, Word and Power Point
  • Familiarity with risk management, audit and management control concepts
  • Excellent oral and written communication skills
  • Basic analytical, decision making and problem-solving skills with strong attention to detail
  • Strong record of academic achievement (minimum 3.0 cumulative GPA to qualify)
  • Actively enrolled in an undergraduate or graduate program (December 2025 or May 2026 graduate, preferred) in a Business Administration such as Finance, Audit, Accounting, Risk Management or another similar, relevant discipline
  • Local to Chicagoland area

Preferred Majors:


  • Risk Analyst - preferred majors: Risk Management, Business Administration, Finance, Accounting, Data Analytics, Business Intelligence, Computer and Information Systems, Information Technology or other related degree.
Schedule:

  • 10 Weeks; starting May 27, 2025
  • M-F 8:30am - 5pm CT

ABOUT US

OUR BENEFITS

As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:


  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • A company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses

ABOUT COMBINED INSURANCE

Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly® Employer in 2023 (over $1 billion revenue category), marking Combined's twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.

ABOUT CHUBB

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

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