What are the responsibilities and job description for the Intern - Financial Planning and Analysis position at Nassau?
Summer Internship Dates: June 2 - August 8
Financial, Planning & Analysis/Expense Accounting
Job Summary
Nassau’s 10-week, summer internship program in our Hartford, CT office prepares college students for careers on the cutting edge of insurance and asset management. We have multiple opportunities to learn more about a specific field or functional area while gaining valuable hands-on work experience. The program allows Nassau to build relationships with the top talent of the future.
Principal Duties and Responsibilities
- Opportunity to assist with a range of duties across Nassau corporate finance and accounting and/or work within targeted functions (i.e., Financial Planning & Analysis and Expense Accounting)
- Learn about and support strategic planning
- Assist with expense accounting, accounts payable activity and pay cycles, and allocations
- Support finance transformation initiatives including introduction to root cause problem solving, process mapping, and project management
- Expand use of Excel spreadsheets and Power Apps
- Exposure to quarterly financial close cycle, general ledger journal entries, and account reconciliation
- Build understanding of finance processes, systems and controls, including general ledger, sub-ledger, planning and reporting systems
- Gain exposure to corporate accounting and financial reporting including insurance company GAAP and Statutory analysis and reporting
- Interact with other areas of the company in finance role and build new relationships
- Performs other duties as assigned
Knowledge, Skills and Abilities
- Applicants should be pursuing a degree in Accounting, Finance, or related fields
- Excellent communication and interpersonal skills
- Strong technology skills and use of various applications/software (Excel, Access, Word, PowerPoint Peoplesoft, MS Office)
- Team player with the ability to work independently in fast-paced dynamic environment
- Knowledge of insurance and financial markets a plus
- Detail-oriented and solid decision-making skills
- Ability to identify and elevate potential issues (accounting, reporting, reconciliation etc.)
Compensation
Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent. Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The base pay for this role is: $23/hour.
Visit our Careers page and apply online at www.nfg.com.
Based in Hartford, CT, Nassau Financial Group is a growth focused and digitally enabled financial services company with three distinct and closely connected businesses: insurance, reinsurance, and asset management. Nassau was founded in 2015 and has grown to $1.5 billion in total adjusted capital and $23.3 billion in assets under management.
As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.
Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Salary : $23