Investment Accounting Intern

Job Description

Investment Accounting Intern – Summer 2027 | Core Specialty Insurance Holdings, Inc.

The Tone:
This is a summer internship at Core Specialty Insurance Holdings, Inc., an insurance company that cultivates an environment where interns gain exposure to meaningful, real-life work, valuing them as integral team members. As a quickly growing organization, Core Specialty Insurance offers new and exciting opportunities daily. This role is crucial for an intern looking to develop foundational skills in investment accounting, gain industry knowledge within the property & casualty insurance market, and build a strong career basis through hands-on experience and guidance, contributing to the accurate financial reporting of the company’s investments.

The TL;DR
• Role: Internship
• Type: Seasonal
• Location: Not specified

• Team: Investment Accounting team
• Mission: Assist the Investment Accounting team by monitoring investment activity, preparing reconciliations and journal entries, and coordinating investment transactions to ensure accurate financial reporting.
• Tech Stack: Clearwater, Workday

What You’ll Actually Do
• Monitor: Monitor daily investment activity within the investment accounting tool, Clearwater.
• Summarize: Summarize month-to-date investment activity and corresponding market trends for the weekly portfolio overview.
• Prepare: Prepare monthly investment reconciliations, including custodian, Clearwater, and Workday reconciliations.
• Post: Post monthly investment journal entries on both a GAAP and statutory basis for six insurance companies.
• Coordinate: Coordinate amongst various banks and state insurance departments for necessary investment transactions and account maintenance.

The Must-Haves
• Background: Entry-level professional with a strong academic background, currently a junior or senior pursuing a Bachelor’s or Master’s in Accounting or Finance. Candidates should possess a basic understanding of core accounting and finance principles, coupled with an interest in the property & casualty insurance market.
• Experience: Proven ability to dedicate 40 hours per week for a 12-week summer program. Strong academic performance is essential, demonstrating a commitment to learning and excellence through completion of introductory accounting and/or finance courses.
• Skills: Excellent verbal and written communication skills are required for clear interaction with team members and external parties. Demonstrated high levels of efficiency, accuracy, and responsibility are key, alongside strong motivation and a desire to take on new challenges and learn extensively.
• Bonus: Preference will be given to candidates who are pursuing their CPA certification.