About the role#
This is an 8-month internship opportunity for students to gain hands-on experience in risk analytics. You will join a collaborative team, work on meaningful projects, and receive mentorship from professionals in the energy industry. This role is based in Calgary and requires full-time, on-site attendance.
What you'll do#
- Model complex derivatives and hedging strategies.
- Assess the impact of these strategies on cash flow and evaluate cash at flow risk.
- Assist in modeling assets to capture real option features of the physical portfolio.
- Measure cash flow risk and value financial derivatives.
- Conduct probability research projects to support senior team members.
What you'll need#
- Enrollment in a Mathematics, Statistics, Data Science, Computer Science, or Risk Management program at an accredited post-secondary institution.
- Status as a student returning to full-time studies after the work term or registration in a co-op or internship program.
- Legal authorization to work in Canada full-time for the duration of the term.
- Availability to begin work in May 2027.
- Strong quantitative, analytical, and interpersonal skills.
- Operational knowledge of Python.
- Proficiency in Microsoft Suite, with strong Excel skills.
- Ability to work effectively in a team environment.
Location & details#
- Location: Calgary, Alberta, Canada.
- Term: 8 months, beginning May 2027.
- Work Modality: On-site.
- Compensation: This is a paid position.
About Cenovus Energy
Cenovus Energy is an integrated energy company based in Calgary, Alberta. Founded in 2009, the firm develops natural resources across Canada, the United States, and the Asia Pacific region. Its operations include oil sands projects, conventional crude oil production, and natural gas extraction. The company also manages refining and marketing assets in North America.
How to get in at Cenovus Energy
Securing an internship at Cenovus Energy requires speed because the most competitive roles often fill quickly. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you apply among the first. Early applicants get seen before the pile grows, which is a significant advantage in a large organization. You can also use Intern Insider to surface the recruiters behind the company's roles. Reaching out directly to ask about the role or a referral materially improves your response rates compared to applying into a queue.



