Internal Audit Internship Opportunity

Job Description

Internal Audit Intern | MSIG USA

The Tone:
This is a full-time internship at MSIG USA, offering a hybrid schedule with a minimum of four days in the office per week, based in Warren, NJ, following a 3-day induction. MSIG USA serves as the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., a global Class 15 insurer renowned as one of the world’s top P&C carriers with A+ ratings and a reach spanning over 40 countries. Drawing on our 350-year heritage, the company provides robust commercial insurance solutions. This internship offers a unique opportunity for students eager to explore the crucial behind-the-scenes world of internal audits and compliance, gaining valuable hands-on experience in risk management, operations, and financial controls. The Internal Audit team plays a vital role in safeguarding the company’s integrity and ensuring business runs smoothly and meets all regulations, and this position allows interns to be a part of this essential function.

The TL;DR
• Role: Internship
• Type: Temporary, Full-time
• Location: Hybrid – Warren, NJ
• Pay: $25 hourly
• Mission: Help safeguard the company’s integrity and ensure smooth business operations through risk management and compliance.
• Tech Stack: Microsoft Office (Excel, Word, PowerPoint)

What You’ll Actually Do
• Audit Performance: Engage in hands-on audit activities by analyzing relevant data, methodically reviewing business processes, and critically assessing the company’s operations to ensure everything adheres to established internal controls and regulatory guidelines.
• Process Improvement: Actively participate in identifying potential gaps or inefficiencies within current business processes and contribute to developing and recommending practical solutions that will help the organization operate more effectively and efficiently.
• Reporting and Communication: Provide support in the comprehensive preparation of clear and concise reports and presentations that accurately reflect audit findings, ensuring these insights are effectively communicated to relevant departments and stakeholders.
• Regulatory Compliance: Commit to continuous learning by staying informed about evolving industry regulations and best practices, drawing insights from industry experts, and participating in ongoing educational activities.
• Foundational Understanding: Work closely alongside seasoned auditors to comprehensively understand how companies strategically evaluate risks, continuously improve their operational frameworks, and ensure robust compliance with all applicable regulations.

The Must-Haves
• Background: This is an entry-level internship for candidates currently pursuing a degree in Accounting, Finance, or Business.
• Core Skills: Demonstrate strong analytical and critical thinking abilities, coupled with a proficiency in numbers and a genuine interest in understanding business operations.
• Communication & Learning: Possess excellent communication skills and a strong desire for continuous learning and professional development.
• Technical Proficiency: Proficient in using Microsoft Office applications, specifically Excel, Word, and PowerPoint, for various tasks.