Accounting Intern (Hybrid)
National Interstate Insurance Company
Location: Richfield, Ohio
Job Type: Full time
National Interstate is a member of Great American Insurance Group. As one of the leading commercial transportation insurers in the nation, we offer risk financing solutions in all 50 states tailored to meet the needs of a wide variety of transportation classes. Our offerings include traditional insurance and innovative alternative risk transfer (ART) programs, including more than a dozen group captive programs catering to niche wheels markets. We are proud to be a multiple Northcoast 99 winner and Cleveland Plain Dealer Top Workplace in Northeast Ohio. It is because of our talented and dedicated team that we are able to live out our company values of integrity, transparency, fairness, accountability, empowerment and collaboration with each transaction we make. If you are ready to join an engaging and driven team such as ours, we would love to hear from you!
Key aspects of this role:
As an Accounting Intern, you will be responsible for assisting in and undertaking entry level accounting tasks such in areas such as prepaid assets, fixed assets, other assets, other liabilities, while also completing applicable journal entries and account reconciliations. Desirable candidates will be able to effectively:
Assist with certain daily banking and treasury management functions, including tracking cash balances in both operating and deposit accounts and recording transfer cash activity
Assist in certain Investment accounting and reporting areas by completing tasks such as posting transactions and income in the investment accounting system
Complete various reinsurance reconciliations and reinsurance billings and payments in the accounting area
Assist with various SEC reporting responsibilities including XBRL tagging and proofreading quarterly 10-Q and earnings release
Assist with statutory loss reporting on one of the four statutory insurance companies (Part 3 Loss and Expense Reserves Schedule)
Assist with statutory investment reporting on one of the four statutory insurance companies (Schedule DA)
Provide analyses and reports to management as requested
Perform other duties/ad hoc tasks as assigned
The National Interstate Internship program gives students the ability to apply their skills and knowledge from their classes to the workplace. The program provides a unique hands -on experience to explore the insurance industry and leave an impact on the business. Interns will have the opportunity to learn about various departments, engage in professional development trainings, and shadow different areas of the business. In addition, the social activities foster an environment for all to network and build relationships. We enjoy the perspective and contributions of our interns and are proud to say we were named the 2019 Expy’s Best Large Internship Program in Northeast Ohio.
The Internship Program is taking place in Summer 2023.
Company:NIC National Interstate Corporation
We offer competitive healthcare, retirement, and paid time off benefits.