Ceded Re Facultative Reinsurance Intern

Endurance Services Limited • New York City, NY

9d • Onsite

About The Position

Sompo is hiring a Summer 2027 Ceded Re Facultative Reinsurance Intern for its Ceded Re team, based in the New York City office. The 10-week Internship Program is designed to provide professional growth and potential long-term opportunities for people interested in the insurance and reinsurance industry. Interns are immersed in their team’s day-to-day work and gain foundational experience in niche accounting. Ceded Re Accounting supports the Global Ceded Reinsurance Team by processing, recording, and reporting ceded reinsurance premiums and loss recoverables, while ensuring data quality and accuracy across reinsurance systems, financials, and statements.

The intern will assist with data, systems, and projects involved in the Ceded Re accounting process. The program also includes opportunities to hear from executive leaders, participate in leadership learning and networking activities, and complete a project to present to a manager and mentor.

Requirements

• Currently enrolled in a bachelor’s degree program studying 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 niche 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.
• 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 who can contribute or work part-time in the office after completing 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 entering Facultative Certificates into FSRI and with analyzing data and statistics.
• Review Facultative contract set-up in reinsurance systems.
• Coordinate with the Underwriting/Ceded Reinsurance Operations team on data, systems, and projects for assigned Ceded Facultative treaties.
• Assist the team with special projects.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern