Internal Audit Intern

Company



Munich Re America Services



Location



Princeton
, United States

Internal Audit Intern - Summer Intern

The Company

Munich Re US (MR US) offers the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

We address the key challenges of the future - that is what we have been doing in the US property/casualty reinsurance market since 1917. As a leading reinsurer, we deal with the issues that affect business and society and work to devise risk management and risk transfer solutions that render tomorrow's world insurable. Our recipe for success: we anticipate risks early on and deliver solutions tailored to our clients' needs, creating opportunities to achieve sustained profitable growth.

The Opportunity

The Internal Audit Intern will develop an appreciation of different functional units of the insurance and reinsurance industry (e.g., underwriting, claims, finance, accounting, compliance, systems and technology), benefit from exposure to a variety of senior business leaders engaged in the audit process and gain insight as to what it takes to be an Internal Auditor. Opportunities to participate on audits with experienced senior audit team members will be provided. The day-to-day activities and projects will provide the intern with an opportunity to learn about the internal audit profession and Munich Re organization. They will be able to apply what they learn in the classroom regarding Risk Management/Audit/Accounting/Business Operations and Technology to actual day-to-day operations.

This intern for this role is expected to work 40 hours per week during the summer and 10 - 15 hours per week during the fall and spring semesters.

The role is being offered in Hartford, CT; Princeton, NJ or Amelia, Ohio in a hybrid working environment.

Responsibilities:

• Perform as a member of the audit team under supervision of the Senior Auditor, and provide support in conducting audits, advisories, and internal control projects
• Participate in audit planning to gain an understanding of the audited area
• Perform audit testing and prepare workpapers to support the testing performed and conclusions reached in accordance with appropriate professional and department standards
• Assist in providing audit status update meetings to stakeholders and work with the Senior Auditor to draft the audit report
• Assist on special projects during the course of internship

Job Requirements:

• Preferred Majors: Accounting, Finance, Information Systems, Risk Management and Insurance, Data Science
• Grade Level: Rising Junior undergraduate
• Verbal and written communication skills
• Accuracy and attention to detail
• Ability to work on own initiative
• Excellent interpersonal skills
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook, etc.)
• Experience with data analytics and tools a plus
• Minimum 3.0 GPA

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.