Vendor Risk Management Intern - 2027 Summer Internship

Globe Life · McKinney, TX

Ready to launch your career and make a real impact? At Globe Life, our summer internship program isn’t about busy work, it’s about diving into meaningful projects that drive our mission to help Make Tomorrow Better. As a publicly traded company, we offer a unique opportunity to gain hands-on experience, build your skills, and contribute to work that truly matters. This is more than just an internship—it’s your chance to kick-start your career and leave your mark. Role Overview: Could you be our next Vendor Risk Management Intern ? Globe Life is looking for a Vendor Risk Management Intern to join the team in Summer 2027 ! In this role, you will be responsible for supporting Globe Life's Vendor Risk Management (VRM) program within the Risk and Compliance organization. You will execute established vendor risk assessment processes, maintain risk documentation, and build foundational knowledge of regulatory requirements governing third-party relationships. This role offers hands-on experience in risk identification, classification, and documentation while collaborating with internal stakeholders to support the overall health of the vendor risk program. This is an on-site position located in McKinney, TX. What You Will Do: Perform vendor risk assessments for initial due diligence and ongoing oversight using established criteria, tools, and procedures. Partner with Business Owners to ensure third-party vendors are properly classified and that inherent and residual risk questionnaires are completed accurately for products and services provided to Globe Life. Maintain high-quality risk assessment documentation covering findings, risk statements, risk ratings, justifications, and recommendations in the vendor management tool and risk register. Maintain third-party data integrity and inventory management within the appropriate risk management application. Prepare dashboards and reports summarizing the results of periodic vendor reviews for senior team members. Support the monitoring of Key Risk Indicators (KRIs) as directed. Collaborate with internal partners under guidance to support the development of corrective action plans for identified third-party risks and monitor execution as directed. Develop a working knowledge of applicable regulations governing third-party vendor relationships to support compliance with all relevant regulatory requirements. Participate in team training and stay current on foundational third-party vendor risk management practices. What You Can Bring: Two or more years of coursework completed towards a Bachelor's degree in Business, Risk Management, or another quantitative-based field. Working knowledge of fundamental risk principles and leading practices. Detail-oriented with strong analytical, problem-solving, and organizational skills. Excellent written and verbal communication skills. Proficient in Microsoft Word, Excel, and PowerPoint. Ability to work effectively under close supervision. Ability to generate ideas and support continuous improvement initiatives within the department. Knowledge of or experience with third-party risk management governance frameworks and processes, particularly within the financial services industry, is a plus. Industry certifications related to risk management are a plus. Program Overview: The Globe Life summer internship program offers 10 weeks of immersive, hands-on learning designed to help you build valuable skills and enhance your professional profile. In addition to impactful departmental projects, our program features a variety of enriching experiences: DiSC Workshop : Enhance your communication, teamwork, and leadership skills through an interactive workshop centered on the DiSC personality assessment. Learn how to leverage your strengths and collaborate effectively. Co-CEO Luncheon : Enjoy a unique opportunity to dine with Globe Life’s co-CEOs, where you can ask questions, learn about their vision for the company, and gain firsthand leadership insights. Networking Eve