The Alabama Captive Association’s Risky Business Internship program is the first multi-entity program in the State of Alabama to offer internships to Risk Management and Insurance students during the Fall, Spring, and Summer semesters.

The Risky Business program has been designed to encourage a new generation of students to consider careers in the captive and alternative insurance industries, as many of its current employees approach retirement age. 

ACA is partnering with several colleges and universities in the State of Alabama, including Troy University and the University of Alabama, to offer the internship program to Risk Management and Insurance students.

ACA’s Risky Business Internship Program is a unique and collaborative program that provides college students the opportunity to gain experience in multiple risk management environments during the course of the internship. During the program, the interns will work with three different ACA member companies on a 4-6 week rotation. The program will provide college and graduate students the opportunity to gain real-world experience in the Risk Management and Insurance industry by exposing them to the daily operations of several different sectors of the industry, including industry service providers, traditional insurance companies, TPAs, actuarial firms, consultants, and the regulatory authority. Arsenal and the Alabama Department of Insurance (ALDOI) are two of the founding partners and participating entities in the program.

Justin Law, Managing Director of the ACA internship program, said, “With so few insurance-focused programs in the State of Alabama, the ‘Risky Business’ internship program gives us a platform to increase engagement with educational institutions to educate students about the opportunities in the risk management and insurance industry.”

ACA is also involving students at the high school level by hosting RMI events at various high schools throughout the State of Alabama. High school students interested in the Risk Management and Insurance industry will have the opportunity to attend ACA’s summer I-Day event at Troy University to learn more about the opportunities available in the industry. For more information about the high school RMI events, contact Dr. Ed Pappanastos, Scholar in Residence with Arsenal and Risk Management professor from Troy University, at

The Risky Business Internship Program has been endorsed by the Alabama Property and Casualty Adjusters Association (APCAA).

For more information on the internship program, contact Justin Law, Managing Director of the ACA Internship program, at

Click here to read the Risky Business Internship Program article featured on Captive International.