Financial Accounting Intern

Interns will obtain an understanding of the reinsurance industry, SCOR Re’s organization, and the way each entity within the group contributes to the overall success of the organization. Interns will gain general reinsurance and business insight, experience the company culture, and play a meaningful role in supporting the organization’s global and domestic goals. Interns will also develop leadership, communication, and collaboration skills.
 

Job Summary

The following is a summary of the essential functions for this job. Other duties may be performed, which are not mentioned below. Specific activities may change from time to time.

The Intern will:

1. Learn about reinsurance through on-the-job training with experienced members of the organization 
2. Gain technical, analytical, and decision-making skills through formal and informal learning opportunities
3. Complete special projects or assignments that assist the Finance, Accounting, and Risk Management departments 
4. Assist with the quarter-end close process and assist with preparing quarterly reporting in accordance with IFRS, GAAP, and Statutory accounting principles
5. Network with senior leaders and experienced teammates to develop professional connections and an understanding of the industry 
6. Receive formal and informal feedback throughout the program

Key duties and responsibilities

1. Prepare journal entries and reconciliations for the quarterly close process 
2. Prepare analytical reports and aid Finance and Accounting departments with special projects
3. Assist with quarter-end reporting requirements

Required experience & competencies

Experience: 

1. Strong academic performance and experience working on a variety of projects
2. Previous work experience or internship in insurance or reinsurance industry preferred
3. Demonstrated flexibility in managing multiple tasks and deadlines simultaneously
4. Proficiency in basic computer applications, such as Microsoft Office software products (with emphasis on Excel and PowerPoint)

Personal Competences:

1. Demonstrated leadership aptitude
2. Self-motivated with a desire to learn
3. Excellent written and verbal communication and presentation skills

Required Education 

Minimum GPA of 3.2 and working towards the completion of a Bachelor’s or Master’s degree in Accounting, Economics, Insurance and/or Risk Management, Business, Statistics, Mathematics, other business, analytical, or data related field, or advanced degree at an accredited college or university.

 

Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.