Assumed Reinsurance Accounting Intern

Sompo International • Garden City, NY

1d • $20 - $22 • Onsite

About The Position

Sompo is hiring an Assumed Reinsurance Accounting Intern for its Assumed Reinsurance Accounting team. This 10-week development program provides professional growth and potential long-term opportunity for individuals interested in the insurance and reinsurance industry. The position is based in either the New York City or Garden City, New York office.

Interns gain foundational reinsurance experience by supporting the processing and preparation of reinsurance premiums and accounts. They help ensure data is entered accurately and on time in reinsurance systems, and collaborate with other departments to support quality and timely processing. Interns are immersed in the team’s day-to-day work, assisting the Underwriting Support Team and Reinsurance Operations with data, systems, and projects related to the reinsurance accounting process.

The program also includes opportunities to hear from executive leaders, take part in structured leadership learning, attend networking events with peers, executives, and brokerage firms, and complete a project to present to a manager and mentor.

Requirements

• Currently enrolled in a bachelor’s degree program in Business, Accounting, Economics, or a related major.
• Excellent verbal and written communication skills.
• Strong analytical, quantitative, and interpersonal skills.
• Interest in an accounting-related field and willingness to learn reinsurance contract terminology and language.
• Ability to work collaboratively in a fast-paced team environment with rapidly changing priorities and demands.
• Strong proficiency with Microsoft Office, including Excel, Word, and PowerPoint.
• At least 18 years old.
• Authorized to work in the United States without restriction.

Nice To Haves

• Accounting-related experience or interests.
• Rising senior.
• Local applicants able to contribute or work part time in the office after completing the summer internship program.

Responsibilities

• Gain an understanding of the company’s reinsurance accounting practices.
• Assist with processing and preparing accounts and with analyzing data and statistics.
• Review contract setup in reinsurance systems.
• Liaise with other departments to build foundational operations knowledge.
• Assist the team with special projects.
• Support the processing and preparation of reinsurance premiums accurately and in a timely manner.
• Help ensure data is captured in reinsurance systems and processing meets quality, accuracy, and timeliness standards.
• Participate in leadership learning and networking activities and present a project to a manager and mentor.

What This Job Offers

• Career Level: Intern