Edina, MN Office, USA
121 days ago
Accounting and Claims Intern

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service. ​ ​

About Role

Primary Responsibilities:

Work with the team to perform all reinsurance accounting functions for selected client accounts and provide backup coverage for other accounts as needed.Work with the team to receive initial loss notices, loss status updates and proofs of loss from clients and forward to applicable reinsurers.Confirm coverage under treaty; review contract wording for retention & limit, LAE treatment, loss reporting requirements, loss attachment basis, etc.Prepare / review loss calculations to ensure accuracy and compliance with contract termsProcess claims transactions in accounting and claims systemTrack the status of reinsurer settlementsAttendance at client claims audits as neededWork with the team to review new contract wordings for key terms and input into the accounting and claims systemPrepare reporting forms and adjustment calculations for client use as neededPromptly forward all funds to payees in a timely mannerMonitor brokerage revenue forecast and update as neededAssist in the maintenance of reinsurer databaseObtain new company banking instructions and assist in the creation of wire templates using bank softwareOther tasks as assigned

Qualifications:

Rising Junior/Senior in college on track to receive a Bachelor’s degreeReinsurance/Insurance experience and/or coursework a plusProficient with Microsoft Office Products, including ExcelProven team playerExcellent communication skillsOutstanding organizing abilitiesStrong attention to detailSolid analytical acumenCoursework and/or experience in accounting and financial reporting principles a plusLegally authorized to work in the US

The expected compensation range for this role is $20-$24/hour.

This is an in-person opportunity located in Edina, MN running from June - August 2025.

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