What are the responsibilities and job description for the Ceded Re Reporting Analyst Intern position at Sompo?
We are seeking a Summer 2025 Ceded Reinsurance Reporting Analyst Intern for the Ceded Reinsurance Reporting Group within the Ceded Re team, located in New York City, NY or Garden 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 reporting/ accounting foundational experience. Ceded Re Reporting team is responsible for Management, Regulatory and Statutory Reporting and collaborates with other departments to ensure quality, accuracy and timeliness of data processing.
Sompo Interns are immersed in the day-to-day activities of their team, assisting the Ceded Re team with reporting, analysis, data processing, systems and projects within the flow of the Ceded Re reporting / accounting process.
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.
Responsibilities
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.
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 reporting/ accounting foundational experience. Ceded Re Reporting team is responsible for Management, Regulatory and Statutory Reporting and collaborates with other departments to ensure quality, accuracy and timeliness of data processing.
Sompo Interns are immersed in the day-to-day activities of their team, assisting the Ceded Re team with reporting, analysis, data processing, systems and projects within the flow of the Ceded Re reporting / accounting process.
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.
Responsibilities
- Assist on process enhancements including automation, testing and documentation
- Assist in answering collateral related inquiries from external market
- Assist in the department initiatives of building stronger controls surrounding the collateral collection and Schedule F processes
- Assist with preparation of Management and Regulatory Reporting
- Assist with quarterly financial analysis
- Perform both Balance Sheet and P&L account reconciliation
- Assist the team with special projects
- Activities, Learning and Development
- 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
- 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
- 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
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.
Salary : $22
