Jobs and Careers
FA

Part Time Accounts Receivable Summer Internship

Factory Mutual Insurance Company
United Statespart_timeVerifiedPosted 1 Feb 2024
💰 $46,000/yr

About the role

Overview

FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

 

Summary:

The FM Global Corporate Accounts Receivable team, centralized in Johnston, RI is responsible for the accurate and timely application for over $4 billion in premium receipts from diverse geographical areas, different time zones and multiple currencies including: direct licensed entities in USA and Canada for FM and AFM lines, Mexico, Australia, New Zealand, Singapore, a reinsurance branch in Malaysia and over 100 partner insurance companies in Latin America, Asia Pacific and EMEA territories.

 

Schedule & Location:

The Accounts Receivable Internship position is part-time and is estimated to be about 20 hours per week with hours primarily in the mornings, Monday through Friday 8:30 AM – 12:30 PM. This is an on-site position located at our Corporate Headquarters in Johnston, RI. The start date will be in June 2024 and will run for 10-12 weeks.

Responsibilities

 

  • This customer focused role will provide experience that will prepare you for a full-time position in financial accounting by providing you with real life experience in the following areas:
  • Regular interactions with corporate staff, operations worldwide, insureds, brokers, and/or partner insurance companies.
  • Research, analysis, reconciliation and resolution of complex, multi-currency transactions.
  • Allocation of incoming funds payments.
  • Import and maintain supporting documentation for A/R related activities.
  • Assist in other duties as deemed appropriate by supervisor/manager.

 

Qualifications

 

Required Education:

  • Pursuing a bachelor’s degree in accounting or finance.
  • Rising senior student (will complete junior year prior to start of summer internship).
  • GPA of 3.3 or higher.

 

Highly Preferred Education:

  • Proven success working on a team leading a project.

 

Highly Preferred Work Experience:

  • Internship work experience in an office setting.

 

Required Skills:

  • Attention to detail and accuracy.
  • Customer focused.
  • Strong interpersonal and communication skills.
  • Strong critical thinking and problem-solving skills.
  • Proficiency in Microsoft Office; (Excel, Teams, and Outlook in particular).

 

High Preferred Skills:

  • Proficiency with PeopleSoft.

 

The hiring range for this position is $23.00 per hour. The final salary offer will vary based on individual education, skills, and experience. FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

Factory Mutual Insurance Company

View company profile →