Intern - Global Investments

Aflac

Feb 27

Applications are closed

Internship
Full-time
Starts on Jun 04
Summer Internship
Banking & Finance
New York City

Requirements

We seek a highly motivated student with degree focus in business that has an interest in audit, risk, accounting, data / business analytics; finance, or similar degree programs and has an ability to demonstrate a willingness to learn, intellectual curiosity, and have a strong interest working in investments, finance, business and data analytics within an insurance asset management and/or our company.
Additional qualifications include:
GPA of 3.0 or above preferred
Excellent analytical, quantitative, and problem solving skills
Strong verbal and written communication skills
Demonstrated leadership, interpersonal, and relationship management skills
Intermediate to advanced proficiency with MS Office, with an emphasis on Excel and PowerPoint
All candidates must have eligibility to work permanently in the U.S. and must be physically located in the continental U.S. for the duration of internship. Working time zone is Eastern Standard Time in New York City.
Worker Designation: requires a hybrid work schedule with a minimum of 3 days in the office

Responsibilities

Develop understanding and appreciation for operational risk function within an insurance asset management company and learning the importance around business controls, department roles, operational workflow and possibly new business initiatives and their implementation in a growing firm which includes legacy, current, and future business objectives and the people and applications to achieve these goals.
Operational Risk Management:
Learn how to facilitate the maturation and implementation of a defined Operational Risk Management (ORM) framework, within a continuous growing insurance asset manager. Develop understand around background à design àidentification àthreshold (and escalation) à usage à effectiveness à and overall program governance.
Develop an understanding of Risk and Control Self-Assessment (RCSA), Key Risk Indicators (KRI), Loss Event, Risk Response and Reporting programs, Key Operating Procedures (KOPs) along with their importance of monthly, quarterly, or annual reviews.
Support the update of applicable ORM policies and committee / regulatory communications where applicable
Global Investments (GI) Risk Operations:
Monitor, consult upon, and update where applicable (i.e. risk limit policy matters) reviewing of GI policies and procedures, analysis, assessment, findings, and recommendations.
Develop and apply an end to end understanding of GI KOPs and application of controls and limits for the application of ORM limit monitoring programs
Support independent advisory and governance activities for key GI initiatives (e.g. execution of new asset class mandates)
Evolve your knowledge of independent governance and risk monitoring for investments specific operational risks within an insurance asset manager.
Work closely with the various teams across Aflac Global Investments and learn various aspects of business work flows, evolution of business process and the application of assessment of business controls which includes process mapping, risk monitoring, along with reporting and recommendations across different investment initiatives.
Global Investments (GI) Risk Reporting:
Design and develop dashboards, reports and presentations regarding operational investment risk matters for recommendations to GI management and various committee reporting and governance
Prepare oral and written analyses and concepts to Aflac Global Investment Risk team and assorted stakeholders.
Compile and maintain highly sensitive and confidential information in accordance with ORM policies and governance.
Participate in company/department wide meetings throughout the summer.

Aflac

Aflac gives you cash to help with expenses health insurance doesn't cover like deductibles and co-payments.

Finance

Industry

10,001+

Employees

1955

Founded Year

Mission & Purpose

Over 50 Million people worldwide have chosen Aflac because of our commitment to providing customers with the confidence that comes from knowing they have assistance in being prepared for whatever life may bring. With Aflac, whether you're a large business or a small one, you can provide your employees with the kind of benefits they’d expect from a bigger company, helping your business stand out from the crowd. Hundreds of thousands of businesses across the United States already make Aflac available to their employees—at no direct cost to their company. Choose from a wide range of products that can help your employees with health events—from accidents, to disability, to cancer, to life insurance. Your employees enjoy benefits from Aflac, all employee-paid.