Do you want to apply your Risk Management classroom education and knowledge inside the risk management department of a Fortune 500 company while enjoying all the activities, events and cultural experiences that the Washington DC area has to offer? Headquartered in Arlington, VA, the AES Corporation (NYSE: AES) is a global power company that owns and operates a diverse and growing portfolio of electricity generation and distribution businesses, which provide reliable, affordable energy to customers in 14 countries. Our workforce is committed to operational excellence and meeting the world’s changing power needs. Our 2018 revenues were $11 billion and we own and manage $33 billion in total assets.
Improving lives by accelerating a safer and greener energy future.
Our Core Values
We will always put safety first—for our people, contractors and communities.
Integrity is at the core of everything we do—how we conduct ourselves and how we interact with our stakeholders.
We move with vision, speed and flexibility to adapt to our dynamic and rapidly changing world.
We work because work can be fun, fulfilling and exciting.
We strive to be the best in all that we do and to perform at world-class levels.
As part of the Treasury unit, the Global Insurance Department is responsible for insurance procurement, providing risk management solutions, contractual risk management advisory, and risk financing strategies on behalf of and in collaboration with our global businesses. The department’s goal is to contribute to the financial success of all AES businesses by helping them manage their total cost of risk. The department is here to support all AES business’ endeavors, from early development, through the construction phase and to project retirement. Through Property captive insurance program, the department provides superior coverage and services to AES businesses at local market prices. The Global Insurance Department works closely with in-country Insurance Managers to identify opportunities to leverage our collective purchasing power to achieve further administrative efficiencies, cost reductions and improvements in insurance coverages and services. The Global Insurance team is located in Arlington, London, and Buenos Aires.
Assist with the US Casualty, Global Property, and U.S. Financial Professional insurance renewals including:
Assembling renewal information from local contacts
Participating in underwriting meetings with the insurance markets when possible
Assisting in review of final issued policy documentation
Assist the development and construction team with assembling information from local contacts in order to standardize contractual risk management forms
Compile risk data on the AES businesses and insurance programs
Analyze data and assist in the production of risk and upper level management reports
Assist in the refinement of internal spreadsheets that house the risk data
Support our department’s work stream which is the continued consolidation of our global insurance programs.
Identify strategies for improved efficiencies in data and documentation collection, storage and analysis.
Attend local Risk Management and Insurance Management Society, Inc. (RIMS) meetings along with the Global Insurance team.
Pursuing a BBA with a concentration in Risk Management and Insurance or/and Finance
Prefer GPA of 3.0 or higher
Prefer rising junior or senior, but will consider other class levels
Demonstrated self-motivation and ability focus in an open work space office environment
Ability to contribute in a team environment
Comfortable in a fast-paced environment and dealing with ambiguity
Proficient in Excel and PowerPoint
Strong verbal, written communication and interpersonal skills
Internal Number: R1042706
About The AES Corporation
AES has a global workforce of approximately 25,000 people in 21 countries on five continents. Every day, our people work towards a common goal of providing affordable, sustainable energy to the communities and countries in which we operate. Our workforce is comprised of individuals from diverse backgrounds, cultures and disciplines. We share a set of common values and a passion to help meet the world’s increasing energy needs, while providing communities and countries the opportunity to grow economically and socially by ensuring the availability of a reliable and environmentally responsible electricity supply. To learn more, please visit Mission, Vision, Values and Culture.- http://www.aes.com/Careers/Home#sthash.X63EOaDY.dpuf