Average Salary
$32,001
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
74,876
Job Openings

Risk Management Internship Careers

Risk management is the process of identifying, measuring, and treating property, liability, income, and personnel exposure to loss. A risk management intern can gain an in-depth understanding of risk management, working across industries, and responding to client requests. They actively contribute to deals and financing transactions and participate in all other aspects of client credit management.

A risk management intern's key responsibilities will include assisting the risk manager in designing and implementing an overall risk management process. They also help perform risk assessment, risk reporting, maintenance of records of insurance policies and claims, and review new contracts. Since this is an internship, no prior work experience is required. Although, typically, students undertake internships in the process of completing their bachelor's or master's degree. This internship is beneficial for majors such as risk management, business studies, finance, economics, and similar fields.

Most internships pay internees next to nothing; however, this one is worth it. In addition to gaining insights into the professional world, you will earn $15.29 an hour.

There is more than meets the eye when it comes to being a risk management internship. For example, did you know that they make an average of $15.39 an hour? That's $32,001 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does a Risk Management Internship Do

There are certain skills that many risk management interns have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed organizational skills, math skills and detail oriented.

When it comes to the most important skills required to be a risk management internship, we found that a lot of resumes listed 25.6% of risk management interns included risk management, while 8.1% of resumes included powerpoint, and 6.2% of resumes included data analysis. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the risk management internship job title. But what industry to start with? Most risk management interns actually find jobs in the finance and health care industries.

How To Become a Risk Management Internship

If you're interested in becoming a risk management internship, one of the first things to consider is how much education you need. We've determined that 74.7% of risk management interns have a bachelor's degree. In terms of higher education levels, we found that 17.8% of risk management interns have master's degrees. Even though most risk management interns have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a risk management internship. When we researched the most common majors for a risk management internship, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on risk management internship resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a risk management internship. In fact, many risk management internship jobs require experience in a role such as internship. Meanwhile, many risk management interns also have previous career experience in roles such as finance internship or volunteer.

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Average Salary
$32,001
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
74,876
Job Openings

Risk Management Internship Career Paths

Top Careers Before Risk Management Internship

Top Careers After Risk Management Internship

Risk Management Internship Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Risk Management Internship

Risk Management Interns in America make an average salary of $32,001 per year or $15 per hour. The top 10 percent makes over $41,000 per year, while the bottom 10 percent under $24,000 per year.
Average Salary
$32,001
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Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Management Intern
Management Intern
Avis Budget Group
Avis Budget Group
07/09/2021
07/09/2021
$41,74007/09/2021
$41,740
Management Intern (54380)
Management Intern (54380)
Avis Budget Group
Avis Budget Group
06/30/2021
06/30/2021
$41,74006/30/2021
$41,740
Intern-Contract Management
Intern-Contract Management
Ball Corporation/Ball Aerospace
Ball Corporation/Ball Aerospace
06/28/2021
06/28/2021
$33,91406/28/2021
$33,914
Enterprise Risk Management Summer Intern
Enterprise Risk Management Summer Intern
Healthequity, Inc.
Healthequity, Inc.
03/20/2021
03/20/2021
$31,30503/20/2021
$31,305
AON Campus: Commercial Risk Summer Intern-Virtual
AON Campus: Commercial Risk Summer Intern-Virtual
Aon Corporation
Aon Corporation
03/12/2021
03/12/2021
$35,47903/12/2021
$35,479

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Risk Management Internship Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Risk Management Internship. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Risk Management Internship Resume

At Zippia, we went through countless Risk Management Internship resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Risk Management Internship Resume Examples And Templates

Risk Management Internship Demographics

Gender

male

44.4 %

female

34.8 %

unknown

20.7 %

Ethnicity

White

68.8 %

Asian

11.6 %

Hispanic or Latino

10.1 %

Foreign Languages Spoken

Mandarin

23.2 %

Chinese

19.3 %

Spanish

15.4 %
Show More Risk Management Internship Demographics

Risk Management Internship Education

Majors

Finance
23.9 %
Business
16.4 %

Degrees

Bachelors

74.7 %

Masters

17.8 %

Associate

3.7 %

Top Colleges for Risk Management Internships

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

5. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

6. University of Notre Dame

Notre Dame, IN • Private

In-State Tuition
$53,391
Enrollment
8,568

7. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

8. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

9. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

10. Vanderbilt University

Nashville, TN • Private

In-State Tuition
$49,816
Enrollment
6,840
Show More Risk Management Internship Education Requirements

Online Courses For Risk Management Internship That You May Like

Informed Risk Taking: Risk Management Process - Analysis
udemy
4.4
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Risk Management Strategies: Risk Analysis Techniques: Risk Management Principles: Risk Management Process: Methods...

Financial Risk Management with R
coursera

This course teaches you how to calculate the return of a portfolio of securities as well as quantify the market risk of that portfolio, an important skill for financial market analysts in banks, hedge funds, insurance companies, and other financial services and investment firms. Using the R programming language with Microsoft Open R and RStudio, you will use the two main tools for calculating the market risk of stock portfolios: Value-at-Risk (VaR) and Expected Shortfall (ES). You will need a be...

Risk Management: An Introduction
udemy
4.1
(647)

An essential guide to understanding Risk Management...

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Top Skills For a Risk Management Internship

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 25.6% of risk management interns listed risk management on their resume, but soft skills such as organizational skills and math skills are important as well.

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Top Risk Management Internship Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ risk management interns and discovered their number of risk management internship opportunities and average salary. Through our research, we concluded that Industrial Bank was the best, especially with an average salary of $47,118. Citi follows up with an average salary of $101,141, and then comes The PNC Financial Services Group with an average of $98,845. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a risk management internship. The employers include International Rescue Committee, Spartan Race, and Kiva

1. Industrial Bank
3.2
Avg. Salary: 
$47,118
Risk Management Internships Hired: 
31+
2. Citigroup
4.8
Avg. Salary: 
$101,141
Risk Management Internships Hired: 
29+
3. The PNC Financial Services Group
4.8
Avg. Salary: 
$98,845
Risk Management Internships Hired: 
16+
4. Deloitte
4.9
Avg. Salary: 
$71,186
Risk Management Internships Hired: 
16+
5. Ernst & Young
4.9
Avg. Salary: 
$68,076
Risk Management Internships Hired: 
16+
6. General Electric
4.7
Avg. Salary: 
$71,616
Risk Management Internships Hired: 
13+
Updated August 18, 2021