Job Description

Finance Intern Reserving

We are seeking a Finance Intern Reserving in New York, NY. Our Internship Program will allow students to gain corporate experience, learn about actuarial reserving processes, and prepare students with the kind of experience needed for careers in finance and actuarial science. As a Reserving Intern, you will support the actuarial and finance teams in analyzing insurance reserves that ensure we are financially positioned to meet future claims obligations. You will assist with data analysis, modeling, and reporting, learning how reserving plays a critical role in both financial strength and regulatory compliance.

The Sompo Internship Experience Throughout the program, you will have the opportunity to gain meaningful, hands-on experience within your assigned function, working directly on projects that contribute to our business. You will also take part in structured professional development, participate in our global Executive Speaker Series, and join networking activities with fellow interns, peers, and leaders across the organization. Our program is designed to give you both functional knowledge and broad exposure to the insurance industry, while building skills that will support your future career.

Duties and Responsibilities:

• Gain knowledge of the insurance industry and how your function contributes to organizational success
• Contribute to team projects, analysis, and reporting
• Support the execution of day-to-day activities and special initiatives within your function
• Participate in problem-solving and process improvement efforts
• Communicate effectively with team members and share insights with managers and mentors

Qualifications:

• Sophomore or Junior enrolled in an accredited university working toward a bachelor's degree in a relevant field (e.g., Business, Finance, Economics, Accounting, Mathematics, Information Technology, Computer Science, Risk Management, or related disciplines)
• Minimum GPA of 3.0 on a 4.0 scale
• Proficient in Microsoft Word, Excel, and PowerPoint (or similar tools)
• Strong attention to detail and accuracy
• Ability to think critically, analyze information, and contribute ideas
• Effective interpersonal and communication skills
• Ability to work in a fast-paced team environment with shifting priorities
• Must be at least 18 years old and authorized to work in the United States without restriction
• Local to the desired office location or able to secure housing and transportation in the area

Alignment with Core Values:

• Accountability Raises the Bar: Takes ownership of work, follows through on commitments, and delivers high-quality results.
• Agility Keeps It Simple: Learns quickly, adapts to change, and approaches challenges with a positive, solutions-focused mindset.
• Collaboration Builds Relationships: Works effectively with peers and mentors, communicates openly, and contributes to a supportive team environment.
• Development Is Curious: Seeks opportunities to learn, asks questions, and shows enthusiasm for gaining new skills and knowledge.
• Integrity Is Trustworthy: Demonstrates honesty, respect, and ethical behavior in all interactions.

Salary Range: $20- $24/hr. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

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