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Intern, Reinsurance Finance

Job Description - Intern, Reinsurance Finance

Job Summary


The Reinsurance Administration Intern will support the Annuity and Life Reinsurance teams in their day-to-day administration, accounting, and reporting activities. Working alongside experienced analysts, the intern will gain hands-on exposure to how reinsurance treaties are set up, processed, reconciled, and reported, as well as how the department improves its processes through modernization efforts. This is a learning-focused role designed to build foundational skills in reinsurance, financial reporting, and data quality.


This position reports to the Lead Reinsurance Accounting Administration Analyst.


Duties and Responsibilities



  • Assist with annuity and life reinsurance processing under the guidance of senior team members

  • Learn the types of reinsurance treaties and arrangements in place and the processes that support them

  • Assist with ad hoc reports and data requests

  • Support modernization projects, including helping test new procedures and system enhancements (user acceptance testing)

  • Observe and assist with work across teams such as Accounting and IT

  • Assist with special projects and other duties as assigned


Experience and Education Requirements



  • Currently pursuing a Bachelor's degree in Accounting, Business Administration, Finance, or a related field

  • No prior reinsurance experience required

  • Coursework or exposure to accounting or financial reporting is helpful

  • Prior internship or work experience in insurance, financial services, or public accounting is a plus

  • Interest in pursuing a CPA license or other professional designation is a plus


Skills and Abilities



  • Strong verbal and written communication skills

  • Basic to intermediate proficiency in Excel and Microsoft Office

  • Strong attention to detail and analytical thinking

  • Ability to maintain confidentiality and act with a high level of integrity

  • Eagerness to learn, take initiative, and ask questions

  • Ability to work both independently and as part of a team

  • Comfort working in a fast-paced environment and adapting to new activities


Other Requirements



  • Regular and punctual attendance

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.


As an Iowa Top Workplace1 and a proud equal opportunity employer, F&G employees are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company, while continuing to be a great place to work.


Join our employee-centric hybrid work environment: fglife.com/about/culture.html

1Des Moines Register Top Workplaces 2018-2020

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