Ready to launch your career? RiverSource Insurance Company is a wholly owned subsidiary of Ameriprise Financial providing a broad array of protection and retirement investments for clients offered through Ameriprise Financial Advisors. RiverSource is a top 10 insurance company with ~1.5M clients and a large service operations organization to support the management of client accounts and the service needs of our clients.
The Data Analytics and Governance intern will gain an understanding of all functions across RiverSource Insurance Operations with focus on advanced analytics and operational data management. Will work on a continuous improvement project to identify gaps and drive innovation in the underwriting process.
About the RiverSource Insurance Internship Program: Our 11-week summer intern program provides experience in a collaborative and inclusive environment. As an RiverSource Insurance intern, you will gain exposure to leaders, cultivate your business intuition, work on projects that directly impact the business, and network in a welcoming atmosphere. In addition, you will have access to our Business Resource Networks, including the Black Employee Network, Young Professionals Network, PRIDE Network, and others!
Responsibilities to support the Underwriting and New Business team will vary depending on assigned project and may include:
Learning about underwriting concepts (pricing of risk) and how RiverSource and the industry are reinventing the underwriting process.
Partnering with underwriting, actuarial, and our analytics team to explore opportunities to improve the new business and underwriting experiences.
Evaluating model results, form a recommendation, and present findings and recommendation to senior leaders.
Learning the importance of avoiding bias and unfair discrimination in models.
Current Junior at a 4-year university pursuing a bachelor's degree in Business Analytics, Data Science, Information Technology, Computer Science, Computer Information Systems, Math, or related field
Graduation date of December 2023 or May/June 2024
Demonstrated leadership experience
Proficient with Microsoft Office Suite
High degree of self-motivation with strong integrity and ethics
Excellent organizational skills and ability to prioritize multiple projects
Excellent communication, interpersonal, and presentation skills
Ability to work and communicate collaboratively with others
Strong attention to detail, follow-through and time management skills
Desire to work in financial services, insurance, and analytics
Experience with Python, R, and/or SQL
Experience with data and visualization software and tools such as; Tableau, Microsoft Power BI, Amazon QuickSight, Matplotlib, Plotty, Alteryx, etc.
Exposure to working with large datasets
NOTE: The company does not offer corporate undergraduate internships for students with F-1 visas.
About Our Company
Riversource Annuities and Insurance is a part of the Ameriprise family of brands that provides our clients access to solutions that create a road map for their future. At Riversource we embrace an inclusive and collaborative culture that allows us to help others achieve their goals by providing compelling product solutions. This includes insurance to prepare for and be protected during the unexpected, as well as annuities that will provide support through every stage of retirement planning such as asset accumulation, generating income, and leaving a legacy to loved ones or charity. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Riversource.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.