What are the responsibilities and job description for the Risk Management & Insurance Intern, Summer 2025 - Purchase, NY-R-238064 position at Mastercard?
Our Purpose
Mastercard powers economies and empowers people in 200 countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title And Summary
Risk Management & Insurance Intern, Summer 2025 - Purchase, NY
Who is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.
Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Overview
We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We are committed to cultivating a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.
The Mastercard Intern Program is a unique and comprehensive opportunity, offering students the chance to gain hands-on, real-world skills while contributing to a global company. As an intern, you will be challenged to complete projects that will not only enhance your skills but also directly contribute to the department’s goals and objectives.
Risk Management and Insurance Intern, Summer 2025 - Purchase, NY
At Mastercard, we are more than just a global technology company. We are the driving force behind the world’s fastest payments processing network, a catalyst for financial inclusion, a hub of technological innovation, and the home of Priceless®. We believe in the power of growth and connection, and we are committed to providing endless, priceless possibilities for everyone.
The Risk Management & Insurance Department is a crucial component of Mastercard, dedicated to safeguarding the company's assets and ensuring operational continuity. This department is responsible for identifying, analyzing, and mitigating potential risks that could adversely affect the organization. It manages various financial, operational, strategic, and compliance risks. The team works closely with other departments to develop risk management strategies and implement insurance solutions that effectively transfer or mitigate these risks. Key functions include conducting risk assessments, managing claims, procuring insurance policies, and maintaining comprehensive records of all insurance-related activities.
This internship can help accelerate top risk management talent while working with a close group of risk management and insurance professionals. The intern will participate in the tactical execution of our risk management activities that support the corporate strategy, including insurance portfolio management, captive insurance company administration, counter-party risk assessment, and more.
Components
This role is not eligible for Mastercard’s work authorization sponsorship. As such, candidates must be eligible to work in the United States, now as well as in the future, without employer sponsorship. For example, students or recent graduates in the United States on an F1 visa (including those with CPT or OPT authorization) are not eligible for this role.
Mastercard is an inclusive equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
R-238064
Mastercard powers economies and empowers people in 200 countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title And Summary
Risk Management & Insurance Intern, Summer 2025 - Purchase, NY
Who is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.
Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Overview
We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We are committed to cultivating a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.
The Mastercard Intern Program is a unique and comprehensive opportunity, offering students the chance to gain hands-on, real-world skills while contributing to a global company. As an intern, you will be challenged to complete projects that will not only enhance your skills but also directly contribute to the department’s goals and objectives.
Risk Management and Insurance Intern, Summer 2025 - Purchase, NY
At Mastercard, we are more than just a global technology company. We are the driving force behind the world’s fastest payments processing network, a catalyst for financial inclusion, a hub of technological innovation, and the home of Priceless®. We believe in the power of growth and connection, and we are committed to providing endless, priceless possibilities for everyone.
The Risk Management & Insurance Department is a crucial component of Mastercard, dedicated to safeguarding the company's assets and ensuring operational continuity. This department is responsible for identifying, analyzing, and mitigating potential risks that could adversely affect the organization. It manages various financial, operational, strategic, and compliance risks. The team works closely with other departments to develop risk management strategies and implement insurance solutions that effectively transfer or mitigate these risks. Key functions include conducting risk assessments, managing claims, procuring insurance policies, and maintaining comprehensive records of all insurance-related activities.
This internship can help accelerate top risk management talent while working with a close group of risk management and insurance professionals. The intern will participate in the tactical execution of our risk management activities that support the corporate strategy, including insurance portfolio management, captive insurance company administration, counter-party risk assessment, and more.
Components
- Impactful assignments that drive business results
- Networking sessions and leadership speakers’ series
- Volunteer and team-building experiences
- Currently enrolled in an undergraduate or accelerated master’s program, graduating Dec 2025 to June 2027. Risk Management degree path preferred
- Innovative thinking and thoughtful risk-taking
- Ability to partner across the organization
- Sound communication skills
- Submit your application
- If eligible, receive invitation for a digital interview; this includes answering pre-recorded interview questions that advance your application
- If recommended further, receive invitation for final round interview(s); you will have the opportunity to meet with us virtually to learn more about our business and culture
This role is not eligible for Mastercard’s work authorization sponsorship. As such, candidates must be eligible to work in the United States, now as well as in the future, without employer sponsorship. For example, students or recent graduates in the United States on an F1 visa (including those with CPT or OPT authorization) are not eligible for this role.
Mastercard is an inclusive equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
- Abide by Mastercard’s security policies and practices;
- Ensure the confidentiality and integrity of the information being accessed;
- Report any suspected information security violation or breach, and
- Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.
R-238064
Salary : $25 - $32
