INTERN - Risk Management (Finance)

Risk Management Intern

Subaru of America, Inc.'s Internship Program provides a valuable opportunity for students to gain real-world experience related to their major. Interns have the chance to work on meaningful projects, collaborate with professionals, and develop skills that will be beneficial in their future careers. It's an excellent way to jump-start their career and enhance their skillset, making them more marketable in their field of study. The Risk Management internship is for students pursing a Bachelor's Degree with a major in Risk Management.

COURSE OF STUDY

Pursuing a Bachelor's Degree with major in Risk Management

TERM

• 1 year in length [37.5 hours per week during the summer; ~20-25 hours per week during school year]
• Internship to begin in May and end the following May
• Location - Subaru Headquarters in Camden, NJ
• $20 an hour (undergrad)

QUALIFICATIONS

• Juniors, Seniors planning to pursue a Master's Degree, or students currently enrolled in a Master's Program
• Must be an active student for the entire length of internship
• At least 1 year of work experience

SKILLS

• Excellent communication and interpersonal skills with the ability to interface with all levels of the organization
• Proficiency Microsoft Office (Excel, Outlook, Access, Word, PowerPoint)
• Ability to work independently

RESPONSIBILITIES

• Assist with the marketing activities for insurance products to our customers and retailers/dealers including Subaru Advantage Insurance, Subaru Equity Shield, and Subaru Service Loaner Program (SSLP).
• Create and update Excel spreadsheets utilized by Risk Management Department members.
• Assist with the compilation of underwriting data for insurance renewals.
• Review and monitor certificates of insurance required of promotional/vendor vehicle lease agreements. This includes assembling and forwarding information in agreements to the outside company tracking the insurance and following up with the promotional company or vendor to address any discrepancies.
• Assist with the administration and implementation of loss control programs.
• Review insurance policies and update insurance policy tracking log.
• Assist with distribution and collection of loaner vehicles.
• Enter claims data into Risk Management database.
• Process parts orders for claims.
• Assist with subsidiary and insurance policy billings.
• Run driving records and update STARS database with driver information.
• Organize bills of lading and ocean marine vessel reports and record damage amounts each quarter.
• Monitor AED devices located within the building and schedule employee recertification training.

SUMMARY

Provides a supporting role to the Risk Management Department which includes assisting with marketing activities for insurance products, compilation of underwriting data for insurance renewals, and administration and implementation of loss control programs. Works primarily in Microsoft Excel.