What are the responsibilities and job description for the Treasury Intern position at Group 1001?
Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Job Summary:
Treasury Intern will work with the Treasury Operations team to facilitate bank account openings, closings, and ongoing account maintenance. Treasury Intern will also assist with special projects as needed.
Main Accountabilities:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Job Summary:
Treasury Intern will work with the Treasury Operations team to facilitate bank account openings, closings, and ongoing account maintenance. Treasury Intern will also assist with special projects as needed.
Main Accountabilities:
- Assist with completing bank documents for account openings, closings, and ongoing account maintenance.
- Ensure document library is current for authorized signers.
- Enhance/maintain tracking of authorized signers file by bank account.
- Consolidate Treasury files/folders to a Sharepoint site.
- Assist with collateral maintenance at Federal Home Loan Bank.
- Monitor funding agreement maturities and assist with reporting.
- Special projects as needed.
- Undergraduate students completing their sophomore or junior year preferred pursuing Business Administration, Finance or Information Technology Majors. (we are generally looking for students coming out of their sophomore or junior year)
- Availability to work full-time hours over the summer.
- Familiarity with Insurance industry is ideal
- Ability to clearly articulate complex information to others.
- Detail oriented with strong focus on quality of deliverables.
- Demonstrated ability to proactively identify and solve problems and issues of all types.
- Ability to prioritize and meet deadlines.
- Ownership and accountability for deliverables.
- Ability to work independently and with a team.
- Strong written and communication skills.
- Ability to establish positive relationships and work effectively with any department.
- Familiar with Microsoft Suite (Word, Excel, Outlook, Teams, PowerPoint)
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
