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Risk Intern
2 months ago
Description:
Internship Start Date: Monday, June 2, 2025
Internship End Date: Friday, July 25, 2025
Our Impact in the Reinsurance Market
A dynamic and renowned innovator in the reinsurance broking space, Guy Carpenter helps insurance companies find new ways to manage their risk. As a reinsurance intermediary, Guy Carpenter’s colleagues are offered a unique opportunity to pursue a career that marries investment banking and consulting. Similar to an investment bank, we broker a specific type of financial transaction called reinsurance. Comparable to a consulting firm, we leverage our reinsurance expertise to help our clients anticipate and navigate change, providing them with a business edge that goes beyond the insurance transaction. Our full company platform includes broking expertise, strategic advisory services, and best-in-class analytics, giving insurers the confidence they need to grow and protect their business.
We thrive on working together, harnessing our collective intelligence across teams, borders, and backgrounds. We are looking for an individual who is proactive, innovative, a self-starter and enjoys building relationships with clients, reinsurers and colleagues.
What is Reinsurance?
Reinsurance is a risk transfer agreement that is often referred to as “insurance for insurance companies.” Insurance companies purchase reinsurance from other carriers to protect against the risk of a major claims event. Guy Carpenter supports insurance companies as they navigate the market to find the best reinsurance solutions for their needs. Given the important role we play in global risk mitigation, we enable insurance companies the opportunity to protect individuals against unforeseen loss.
Fulfilling Your Potential
The Risk Intern is a feeder role for our Risk Analyst position which is the entry level to the reinsurance Broker career track. Our Brokers are client advocates in the reinsurance transaction negotiations but also leaders in advising the right risk mitigation techniques; their financial broking expertise helps drive favorable terms for our clients, and their important advisory role impacts how the c-suite of insurance companies make decisions.
As a Risk Intern at Guy Carpenter, you will:
support all account team members and contribute to strategic recommendations and problem solving for clients. develop a broad understanding of the environment in which the insured operates, and the marketplace in which the transactions Guy Carpenter handles take place. assist the broking team with client and market research and financial analysis for current and prospective clients. develop competencies through a comprehensive and engaging curriculum centered around networking and collaboration.Qualifications
Fully matriculated student pursuing a Bachelor's degree is required with an expected graduation date of December 2025 or May 2026 Relevant work experience is a plus Strong interpersonal skills for establishing and maintain good client, reinsurer, and internal relationships Good ability to organize and pay attention to detail Good verbal and writing skills for complex communications with clients, markets and GC colleagues at many levels Good ability to prioritize workload according to volume, urgency, etc Strong academic record in major and summer internship or other work experience Good problem solving skills and financial aptitude General knowledge of business principle and industry trends Good computer skills using Microsoft Office (Excel, Word, PowerPoint) and Lotus Notes Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future The applicable hourly rate is $22- $24.
What's next
Application Instructions:
We are hiring in multiple locations. As you are filling out your application, you'll have the opportunity to select your desired location. Should you have interest in multiple locations, your recruiter will work with you to make those connections should that be necessary. When creating your application, please use your permanent home address and use your personal email address rather than your school email address. The application deadline is Sunday, October 13thFirst Round Interviews:
Applications are reviewed on a rolling basis. If selected, first-round interviews consist of an on-demand digital video interview through the HireVue platform. Further timing and instructions will be provided at that time.
Consider watching Max Aronchick's reflection on his early days at Guy Carpenter -
About Guy Carpenter
Guy Carpenter is a leading global risk and reinsurance specialist, with over 90-years of history providing integrated solutions to the (re)insurance industry. With over 2,300 professionals in more than 50 offices around the world, Guy Carpenter delivers a powerful combination of broking expertise, strategic advisory services and industry-leading analytics to help our clients achieve profitable growth. Guy Carpenter is the world’s premier strategic advisor to leading insurance and reinsurance organizations, delivering integrated solutions through its industry-leading analytics and advisory services, highly specialized product knowledge and trading relationships with reinsurance markets around the world. Headquartered in New York City, Guy Carpenter has more than 2,300 employees in more than 50 locations worldwide.
