Intern – Accounting Support

Job Description

Finance Intern | Kuvare Holdings

The Tone:
This is an internship at Kuvare Holdings. Kuvare builds life insurance and annuity products to protect the retirement of everyday Americans, creating a unified financial hub simplified for distributors, carriers, and investors. This role is crucial for providing foundational accounting support to both the Financial Reporting and Investment Accounting teams, offering an eager individual hands-on experience and broad exposure across various areas of insurance accounting functions.

The TL;DR
• Role: Internship
• Location: Not specified (normal office environment)

• Team: Financial Reporting and Investment Accounting teams
• Mission: Provide essential accounting support and gain hands-on experience across various insurance accounting functions through departmental rotations.
• Tech Stack: WINGS, Clearwater, Workiva, Bloomberg Terminal, Microsoft Excel, Microsoft Teams, General Ledgers, reporting tools

What You’ll Actually Do
• Reconciliation: Prepare account reconciliations for cash, investments, suspense, and other assets/liabilities, including general ledger research, journal entry posting, documentation, and variance follow-up.
• Reporting: Assist in preparing quarterly financial statements on a GAAP and Statutory basis, gaining exposure to tools like WINGS, Clearwater, and Workiva.
• Collaboration: Contribute to quarterly Board Reporting by gathering and compiling various data points focused on key performance metrics and collaborating across multiple departments for essential information.
• Documentation: Enhance process documentation by reviewing and verifying the accuracy of existing standard operating procedures (SOPs).
• Analysis: Perform in-depth analysis of monthly investment data, including yields, security master data, NAIC ratings, and accrual calculations, utilizing the Bloomberg Terminal for validation and research.

The Must-Haves
• Background: Progress towards a BA or AA degree in Accounting or a related field, with a foundational understanding of accounting principles.
• Experience: Experience using Microsoft Excel, including pivot tables, VLOOKUPs, and formulas, along with exposure to financial systems. Demonstrated ability to maintain accuracy while managing multiple data points and deadlines.
• Skills: Strong Microsoft Office proficiency. Knowledge of general ledgers and reporting tools. Excellent written and verbal communication skills. Keen eye for detail and accuracy.
• Bonus: Prior internship, coursework, or project experience in insurance, investments, or financial reporting environments.