2024 Summer Internship Program - Office of Employee Benefits (Rotation)

Company

Federal Reserve Bank of Atlanta

Federal Reserve Bank of Atlanta

As an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

OUR BANK - The Federal Reserve is the central bank of the United States and is one of the most influential, trusted, and prestigious financial organizations. It consists of twelve Reserve Banks located around the country and the Board of Governors in Washington, D.C. The Federal Reserve Bank of Atlanta territory covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and portions of Louisiana, Mississippi, and Tennessee. The Atlanta Fed and the other Reserve Banks play an important part in all three of the Fed's functions: monetary policy, bank supervision and regulation, and the operation of a nationwide payment system. 

OUR PEOPLE - At the Federal Reserve Bank of Atlanta, we embrace diversity and inclusion as essential to who we are. We rely on the unique individual talents, expertise, and valued perspectives of our employees as well as those of external stakeholders to carry out our mission as part of the nation's central bank.

PLEASE READ:

Internships are paid. Summer housing will not be provided. This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).

The Office of Employee Benefits (OEB), located in Newark, N.J., comprises a staff of 64 professionals who oversee benefit programs for approximately 80,000 current and former employees of the Federal Reserve, and their beneficiaries. The OEB was established in 1934 to administer the Federal Reserve System’s Retirement [pension] Plan. Over time, the OEB's responsibilities have expanded to include additional retirement benefits, health benefits, life insurance, long-term disability, and other personal protection plans. The OEB's mission is to be a center of excellence, providing leadership in formulating employee benefit programs and operating these programs on behalf of the Reserve Banks, Board of Governors and Consumer Financial Protection Bureau with outstanding customer service, sound and cost-efficient operations, professional expertise, and ongoing innovation. 

Summer Rotating Role intern at the OEB will be placed in a rotation involving some or all the following: 

• Communications and Education
• Health and Welfare 
• Legal and Compliance 
• Plan Administration (benefits operations) 
• Finance and Accounting 
• Information Technology 

The program is extremely competitive, and size is limited. As a summer intern at the OEB, applicants must have a demonstrated interest in business, finance, benefits, human resources, information systems, legal, compliance, communications or a related discipline and a strong academic record. Specific skills may be required depending on area and project. This program is open to rising juniors pursuing a bachelor’s degree.

• Working knowledge of MS Excel, MS Word, MS PowerPoint; 
• Strong analytical and critical thinking skills demonstrated by the ability to assimilate new information, make sound decisions, and manage multiple tasks; 
• Ability to communicate effectively, both orally and written; 
• Ability to grasp information quickly; 
• Attention to detail; and 
• Ability to work productively in a high-performing, collegial atmosphere. 
 
Please include resume, cover letter and unofficial transcript. You should indicate your work area(s) of interest in your cover letter. 
 

CORE COMPETENCIES:

• Proficient in Microsoft Office Suite

• Excellent communication skills (verbal and written)

• Strong analytical skills

• Ability to work independently and take ownership of projects

• Great work ethic and detail oriented

• Comfortable working across time zones to complete projects in a timely manner

OUR BENEFITS TO INTERNS (some benefits are subje