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What you can expect
Contract type: Internship
Duration: 6 months
Start date: September 2026
As a Risk & Control Analyst Intern, you will support the team in enhancing and implementing the Risk and Control Framework across daily operational activities, internal controls, and outsourcing risk management for Baloise Assurances Luxembourg S.A., Baloise Vie Luxembourg S.A., and Baloise Life Liechtenstein AG.
Under the supervision of the Chief Risk Officer, and with guidance from the Risk team, you will be entrusted with specific projects and processes to lead. You will also provide hands-on support in the team’s ongoing initiatives and daily operations.
Role and responsibilities:
Operational Risk Management:
- Participate in workshops for the ORSA (Own Risk and Solvency Assessment) Self-Assessment process.
- Assist in tracking and completing Management Actions.
- Contribute to the development of risk-related training and internal communications. Support the execution and follow-up of the Operational Incident Reporting process.
Quantitative and Financial Risk Management:
- Assist in the preparation and submission of annual QRTs (Quantitative Reporting Templates) to regulatory authorities.
- Support the annual review of SFCR (Solvency and Financial Condition Report), RSR (Regular Supervisory Report), and ORSA reports.
Outsourcing / ICT TPP Risk Officer:
- Contribute to the annual evaluation of outsourcing arrangements.
- Help maintain the Third-Party & Outsourcing Register.
Internal Control System:
- Support the maintenance and enhancement of the Internal Control System (ICS).
- Participate in workshops for the Annual Control Self-Assessment (CSA). Assist in implementing internal controls related to operational risks.
What we expect
- Master’s degree in Finance, Audit, Risk Management, or a related field.
- Demonstrated interest or experience in Risk Management, Internal Control, and Outsourcing Risk Management.
- Familiarity with the insurance or banking sector is a strong asset.
- A collaborative team player with flexibility and the ability to thrive in a fast-paced environment.
- Strong communication and presentation skills.
- Fluent in English and French; German is considered an advantage.
- Excellent analytical skills and attention to detail.
- Proficient in Microsoft Office tools, especially Excel, Word, and PowerPoint.
- The candidate must be legally authorized to work or undertake an internship in Luxembourg and, where applicable, hold all necessary authorizations, permits, or documents required by the applicable Luxembourg legislation.
About Baloise
We are more than a traditional insurance company: we are the personal partner for everyone who wants to feel simply safe. In addition to our traditional financial business, we are also broadening our range with ecosystems in the areas of mobility and home. We see the digital age as an opportunity to make our offering even more sustainable, innovative and customer-oriented in the future. Are you shaping it with us?
We give you the freedom to pursue your ideas. Get involved! Question us! Develop yourself and us even further! Our culture of learning and making mistakes as well as communication at eye level all make this possible. Because only together can we move forward.
Baloise in Luxembourg
As an employer
Sustainability
Our Benefits
Our culture and our togetherness make us special. But it's clear that you're also interested in our benefits. Discover what you would receive joining Baloise in Luxembourg:
Well-being
Your health is close to our heart: That's why thanks to our health, well-being & sustainability programme, you can get regular ergonomic advice, enjoy massages, cook healthy meals, try decorative arts, experience meditation, … and benefit from the wide range of activities offered by our Sports club, Book club, Baloise big band and Baloise Golf Association.
Benefits from the financial world
Employee discounts on our own products - for a financial services provider this means: up to 40% discount on our insurance products . On top of that, there's an excellent pension fund with attractive 2nd pillar benefits and special employee shares.
Let’s not forget about your 13th month and meal vouchers too!
Flexible working models
We offer you:
- Remote work up to 2 days per week (in the respect of the law for cross borders employees)
- Flexitime (between 6 :00am and 10 :00pm)
- Flex Office
- 35,5 days off per year
Health
We are there for you - even if you get sick or have an accident. At Baloise in Luxembourg, you will benefit from an accident insurance for both your professional and personal life.
In addition, all the employees can also benefit from a health insurance for themselves and their family.
Events
Our culture thrives on togetherness - even away from the daily office routine. Networking during our staff party or after-works, each event is a great opportunity to share moments together in an less formal way.
Learning & error culture
You catch us in a time of change. And of course, where new things are created, things go wrong sometimes - and that's okay. Because that's how we learn, develop, go new ways and strive for a healthy culture of mistakes. You can see how important continuous learning is to us from our numerous initiatives:
- Time for learning during your working time
- A development & training programme that is updated 3 times a year to propose new offerings
- Trial days in other teams ("Shadow for a Day")
- Temporary internal job changes ("Change of perspective")
