Ceded Re Accounting Intern - Sompo International Holdings : Job Details

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description We are seeking TWO Summer 2025 Ceded Reinsurance Accounting Interns 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 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. 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. Activities, Learning and Development 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 Salary Range: $22/hr In today's world, what do we stand for? Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions - we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.