Internal Audit Intern

Internal Audit Intern - Summer Intern

The Company

Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.

We're adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

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.

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

The hired intern is expected to work 40 hours per week during the summer and 10 - 15 hours per week during the fall and spring semesters (remote and/or hybrid).

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
• Grade Level: rising Senior undergraduate (2027 graduate)
• 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

The base range for this internship will be $21.00 -$22.00 per hour. The hourly estimate displayed represents the typical salary range for candidates hired in this position in Princeton, NJ and Hartford, CT. Factors that may be used to determine your actual rate will include your specific skills, how many years of experience you have and comparison to other employees already in this role.

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.