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.

Internship:
Accounting and Claims

Location:

Edina, MN Compensation: $20/hr + overtime Final date to receive applications:
Friday 16th October

Introduction Working with our reinsurance team in North America you’ll learn more about reinsurance broking, risk mitigation solutions, claims decision making and support our teams, doing real work for Howden Re's current and prospective clients.

Reinsurance is a complex world; the easiest way to think about it is that it’s insurance for the insurers. Working with our teams, you’ll help insurance companies protect their futures, and the people they insure. You’ll be working with our clients who have suffered a loss, and you’ll work with the reinsurers to see the claim through to a conclusion, all the way through to our clients receiving funds.

On a day-to-day basis you’ll:

• 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 terms
• Process claims transactions in accounting and claims system
• Track the status of reinsurer settlements

You’ll be working towards a Bachelor’s degree in any subject, ideally with a focus on accounting. You’ll be able to clearly communicate your thoughts and ideas both in writing and in person. And be able to handle multiple tasks and projects at the same time in a client service, deadline-driven environment.

• Actively pursuing a Bachelor’s degree
• Have a GPA of 3.0+
• Be proficient in Excel, Word, and Power Point
• Pay close attention to detail, because every small detail matters
• Legally authorized to work in the US

At Howden, we’re committed to fair opportunity, inclusive teams and a culture where everyone belongs. We value people of all backgrounds, identities and experiences. We make sure everyone has the chance to succeed. If you bring who you really are, we’ll help you to go further. We believe in equal opportunities for all employees, regardless of race, religion, gender, age, sexual orientation or disability.

And as a Disability Confident employer, we’re committed to removing barriers and supporting you to do your best work. If you need any adjustments during the application process or in the role, just let us know. We’re here to help.

A career that you define. We provide an environment where new ideas are encouraged and celebrated, where people who want to have a real hand in our success thrive. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community. Working at Howden Re:
At Howden Re, we’re on a mission to do things differently. Our no silo approach, elite team, and clear focus on innovation and relentless execution means our clients are at the heart of all we do. As a big 4 global reinsurance broker, we deliberately avoid the one-size-fits-all approach, committing to creating bespoke solutions that address the unique challenges of a modern and dynamic marketplace.

Our team is empowered to drive progress, creating opportunities for career and personal development, unlocking new value for clients, fostering long-term partnerships, and using the collective power of Howden to change how the world sees risk and insurance. When you join Howden Re, you become part of a vibrant and entrepreneurial workplace culture that prioritizes collaboration, ownership, and shared success.

Here, your contributions will directly impact our mission to be the global partner of choice in reinsurance and strategic advisory. Be a part of Howden Re's exciting journey. Together, we…