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Internship

Ceded Re Accounting Intern

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Sompo International

•

2mo ago

🚀 Summer Internship

New York

⌛ Closed
Applications are closed

Summer Internship

Accounting & Tax•New York

Description

  • We are seeking TWO Summer 2024 Ceded Reinsurance Accounting Intern for the Ceded Reinsurance Accounting Group within the Ceded Re team, located in New York City, NY.
  • The Internship Program is a 10-week development initiative designed to provide professional growth with potential long-term opportunity for successful individuals interested in the Insurance/Reinsurance industry. 

What can I expect as an Intern?:

On-the-job Learning:

  • Gain valuable niche accounting foundational experience.  Ceded Re Accounting provides support to the Global Ceded Reinsurance Team through the processing, recording, and reporting of reinsurance ceded premiums and loss Recoverables, in a timely and accurate manner.  Ceded Re Accounting ensures data is captured within reinsurance systems and collaborates with other departments within the company to ensure the quality, accuracy and timeliness of processing, financials, and statements.
  • Sompo International Interns are immersed in the day-to-day activities of their team, assisting the Ceded Re team with data, systems and projects within the flow of the Ceded Re accounting process.

Requirements

  • Throughout the program, Interns will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to their manager and mentor.
  • Qualifications:
  • Currently enrolled in a bachelor’s degree program studying Business, Accounting, Economics, or related majors.
  • Excellent verbal and written communication skills
  • Strong analytical and quantitative and interpersonal skills
  • Interest in Accounting related field, however, also interested in learning niche Reinsurance contract and language skills
  • Ability to work in a fast-paced team environment with rapidly changing priorities and demands. Ability to collaborate is an absolute must.
  • Strong proficiency using Microsoft Office (Excel, Word, PowerPoint)
  • Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction
  • Preferred Qualifications:
  • Prefer accounting related experience/interests
  • Prefer a rising senior
  • Prefer local applicants who can contribute/work part time in the office post the completion of the summer intern program

Education requirements

Currently Studying
Bachelors

Area of Responsibilities

Accounting & Tax

Responsibilities

  • Gain a solid understanding of the company’s ceded reinsurance accounting practices.
  • Contribute and add value to the Ceded Reinsurance Accounting team.
  • Assist with processing and preparing account statements, as well as analyzing data and statistics.
  • Review contract set-up in reinsurance systems
  • Liaise with the Underwriting/Ceded Reinsurance Operations team regarding data, systems, and projects within the flow of the reinsurance accounting process, for specific assigned Ceded treaties.
  • Assist the team with special projects.

Details

Work type

Full time

Work mode

office

Location

New York