Ceded Re Facultative Reinsurance Intern
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 is designed to provide professional development and may lead to longer-term opportunities for successful candidates interested in insurance and reinsurance. Interns participate in the team's day-to-day work, assisting with data, systems, and projects involved in the Ceded Re accounting process. They will build foundational experience in niche accounting and learn how Ceded Re Accounting supports the Global Ceded Reinsurance Team by processing, recording, and reporting ceded premiums and loss recoverables accurately and on time. The program also includes opportunities to hear from executive leaders, take part in structured leadership learning, attend networking events with peers, executives, and outside brokerage firms, and complete a project to present to a manager and mentor. Sompo describes its workplace as collaborative and committed to respect, inclusion, and equal opportunity.
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 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 who can contribute or work part time in the office after completion of 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 analyze related data and statistics.
- Review Facultative contract set-up in reinsurance systems.
- Coordinate with the Underwriting and Ceded Reinsurance Operations teams on data, systems, and projects related to the reinsurance accounting process for assigned Ceded Facultative treaties.
- Assist the team with special projects.
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What This Job Offers
Job Type
Full-time
Career Level
Intern
