How to hire a risk management internship

How to hire a risk management internship, step by step

Here's a step-by-step risk management internship hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a risk management internship job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new risk management internship
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   First, determine the employments status of the risk management internship you need to hire. Certain risk management internship roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them a risk management internship to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a risk management internship that fits the bill.

   This list presents risk management internship salaries for various positions.

   Type of Risk Management Internship	Description	Hourly rate
   Risk Management Internship	Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.	$12-41
   Accountant And Office Manager	An accountant/office manager is responsible for monitoring the organization's accounting records and financial reports, analyzing statistical information, and managing payroll processes. Accountant/office managers must have excellent knowledge of accounting disciplines and principles to perform accounting duties and train accounting staff of the accounting operations, overseeing account receivables, conducting bank reconciliations, and responding to the staff's inquiries and concerns... Show more	$16-35
   Accounts Payable Manager	An accounts payable manager is in charge of supervising a company's financial activities, particularly in all payable matters. Their primary responsibilities revolve around managing and assessing staff performances and overseeing check and payroll disbursements... Show more	$24-45

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Risk Management
   • PowerPoint
   • Python
   • Data Analysis
   • SQL
   • Portfolio
   • Excellent Interpersonal
   • Tableau
   • Risk Analysis
   • Financial Statements
   • Risk Assessments
   • Visualization
   • C++
   • Insurance Policies

   Check all skills

   Responsibilities:

   • Perform spreadsheet calculation as part of the ratio analysis process and apply VBA to automate analysis.
   • Develop a risk model by using VBA to analyze the controllability of portfolios manage by the company.
   • Develop programs using ACL and SAS to automate journal entry testing and statistically analyze accounts with greater risks.
   • Manage internal SharePoint website for publishing informational materials.
   • Update, develop, and maintain the SharePoint site which stores ERM documents.
   • Develop statistical programs using SAS to monitor residential mortgage loan application quality and track loan portfolio performance.

3. Make a budget

   Including a salary range in your risk management internship job description is a great way to entice the best and brightest candidates. A risk management internship salary can vary based on several factors:

   • Location. For example, risk management interns' average salary in nebraska is 63% less than in massachusetts.
   • Seniority. Entry-level risk management interns earn 71% less than senior-level risk management interns.
   • Certifications. A risk management internship with a few certifications under their belt will likely demand a higher salary.
   • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a risk management internship's salary.

   Average risk management internship salary

   $46,800yearly

   $22.50 hourly rate

   ---

   Entry-level risk management internship salary

   $25,000 yearly salary

   Updated December 15, 2025

4. Writing a risk management internship job description

   A risk management internship job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a risk management internship job description:

   Risk management internship job description example

   Meet MedPro Group. We're an industry-leading Berkshire Hathaway insurance company with a passion for our clients and our team. We are hundreds of professionals with varied backgrounds and experience levels who came together to achieve one goal: protecting those who have made it their mission to serve and care for others. Never considered the insurance industry before? We think you should.
   In this role, you will...
   Play a vital role in the direct sales team's process. Participate in weekly team meetings. Run daily reports to show activity of individual producers. Contact potential customers to verify contact information and set appointments for a quotes. Utilize the customer relationship management (CRM) system. Complete bi-monthly mail merges which communicate important renewal information to our current customers. Manage and prioritize multiple assignments. Perform other duties as assigned.
   We are looking for candidates with...
   Active pursuit of BA/BS in business or related field preferred with at least one year completed and one year remaining. Proven ability to work on a team or operate independently and prioritize job duties. Outstanding interpersonal, oral and written communication skills. Ability to succeed in high volume environments requiring personal organization, multitasking, and regular reprioritization with short turnaround time on items of high impact Experience in researching and accurately resolving technical subject matter while working under pressure and within time constraints. Strong customer service skills for use with internal and external customers with ability to effectively handle incoming calls and deal with difficult situations. Mandatory computer skills (Outlook, Word, Excel, PowerPoint, Internet). Advanced understanding of Adobe fillable PDF's, Excel and Access is a plus. The availability to work 15-20 hours per week during the school year and 40 hours per week in the summer at Fort Wayne, IN headquarters. Authorization to work in the United States without requiring visa sponsorship, both now and in the future.
   Why MedPro?
   
   MedPro Group's mission is built on a century-old legacy of protecting those who protect others. From our roots in our hometown of Fort Wayne, Indiana, we've worked diligently to become the nation's premier healthcare liability coverage provider, currently insuring more than 300,000 customers. With that growth, we've built a significant presence in all 50 states. Our team works across the country to provide the best strategies to mitigate risk and preserve the reputations of those who have entrusted their good name to us. That passion - built on a foundation of a culture that values uncompromised integrity, obsessive client focus, great teamwork, and a long-term mindset - makes MedPro a preferred employer that many call their career home.
   
   General:
   
   MedPro Group is an Equal Opportunity Employer.

   Copy this example

   

5. Post your job

   To find the right risk management internship for your business, consider trying out a few different recruiting strategies:

   • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
   • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with risk management interns they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit risk management interns who meet your education requirements.
   • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.

   Post your job online:

   • Post your risk management internship job on Zippia to find and recruit risk management internship candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   Recruiting risk management interns requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new risk management internship

   Once you've decided on a perfect risk management internship candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

   To prepare for the new risk management internship first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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