Ceded Re Accounting Intern
About The Position
Sompo is hiring a Summer 2027 Ceded Reinsurance Accounting Intern for its Ceded Re team, based in the New York City office. The 10-week internship is designed to provide professional growth and potential long-term opportunities for individuals interested in the insurance and reinsurance industry. Ceded Re Accounting supports the Global Ceded Reinsurance Team by processing, recording, and reporting ceded reinsurance premiums and loss recoverables accurately and on time. The team ensures information is captured in reinsurance systems and works with other departments to support the quality, accuracy, and timeliness of processing, financials, and statements. Interns take part in the team’s day-to-day activities and assist with data, systems, and projects in the reinsurance accounting process. The program also offers opportunities to hear from executive leaders, participate in structured leadership learning and networking activities with peers, executives, and outside 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 and language skills.
- 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.
- Must be at least 18 years old and authorized to work in the United States without restriction.
Nice To Haves
- Accounting-related experience or interests.
- Rising senior status.
- Local applicants able to contribute or work part time in the office after the summer internship program.
Responsibilities
- Develop an understanding of the company’s ceded reinsurance accounting practices.
- Contribute to the Ceded Reinsurance Accounting team.
- Assist with processing and preparing account statements and analyzing data and statistics.
- Review contract setups in reinsurance systems.
- Liaise with the Underwriting/Ceded Reinsurance Operations team about data, systems, and projects in the reinsurance accounting process for assigned ceded treaties.
- Assist the team with special projects.
- Participate in program leadership learning and networking activities and present a project to a manager and mentor.
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What This Job Offers
Job Type
Full-time
Career Level
Intern
