Intern: Corporate Risk & Insurance

Requisition ID 2023-13348
Posting Date 1 month ago(10/27/2023 1:09 PM)
Job Location(s)
Bloomington IN United States
Position Type
Cook Group Inc.


This position is a 12-week paid internship located in Bloomington, Indiana. It is offered for a period extending from mid-May through mid-August (exact dates depend on school calendars.) This position includes 401(k) options, an assigned mentor, capstone presentation, and intern events. This position is hybrid but can be changed to accommodate a full work week onsite. When in office, you will also have access to a fitness center and an onsite cafeteria option. A one-time housing stipend will be offered. All internships provide hands-on experience with meaningful projects in the Medical Device Manufacturing Industry.


This internship is focused on providing real world experience on how the insurance and risk management function works within a global organization.




Learn what is involved in renewing an insurance contract. Understand risk transfer through various insurance policies. Learn how a policy responds to a claim and why terms and conditions can predict if coverage exists, or not. Learn how to be a part of a team and have a voice in decision making. Understand how data analytics provides value to an organization. Attend loss control visits by carriers and how their recommendations can affect renewal terms. Network and have a great internship experience.


Specific Job Functions

  • Assist with annual insurance renewals (over 100 policies)

  • Update various spreadsheets with data collected for underwriters, departmental leadership, insurance brokers, and entity leadership.

  • Assist with loss control services, claims adjusters, invoicing, loss runs, and reserves.

  • Allocate premiums, track historical costs, and update TCOR values.

  • Monitor loss trends.

  • Maintain and provide certificates of insurance.

  • May review a vendor contract for learning purposes only.

  • Assist with Cook’s record management program.


Required Skills:

  • Must be proficient with Microsoft Word and Excel programs
  • Detailed oriented
  • Project and Time Management experience
  • Excellent written and verbal communication skills
  • Basic math proficiency
  • Curious and eager to learn
  • Professional demeanor and good attitude
  • Risk Management and Insurance experience, not mandatory but preferred
  • Analytics and Statistics, not mandatory but preferred


• All candidates should have an interest in a career in the Life Sciences field, a willingness to take initiative, and an ability to work well individually and with others
• Candidates should be students entering their Junior or Senior year the following fall semester or entering graduate school; candidates who graduate the spring semester before this internship are also eligible
• A minimum GPA of 3.0 is preferred
• All candidates must provide proof of enrollment (including pre-registration certification for the following fall) for consideration
• Multiple disciplines will be considered (e.g., Marketing, Life Sciences, General Business, and Management)


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