Finance Intern

About KuvareKuvare is on a mission to serve hardworking consumers overwhelmed by the complexities of retirement and is built from the ground up to do so. Our unified financial hub protects the retirement of everyday Americans and the distributors, carriers and investors that serve them. We create life insurance and annuity products that protect consumers’ retirements, and are simplified for distributor partners and financial professionals to sell and service.Kuvare family of companies:Retail Annuity and Life Insurance Solutions:- United Life Insurance Company- Guaranty Income Life Insurance Company- Lincoln Benefit LifeInstitutional Insurance:- Kuvare Life ReBespoke Insurance Solutions:- Ignite PartnersAbout the roleThe Intern will provide accounting support to both the Financial Reporting and Investment Accounting teams. . This role is designed for an individual majoring in accounting with a foundational understanding of accounting principles who is eager to gain hands-on experience across various areas of insurance accounting. Responsibilities will include assisting with account reconciliations, preparing ad hoc reports, performing clerical accounting tasks, and supporting MAR control processes. The intern will also contribute to data collection and summarization for quarterly Board Reporting. Through rotations between Financial Reporting and Investment Accounting , the intern will gain broad exposure to industry accounting functions. Rotation timing and duration will vary based on departmental needs.What you'll doAccount reconciliation preparation, including but not limited to cash, investments, suspense, other assets and liabilities. Includes general ledger research, preparation and posting of journal entries, documentation, and follow-up of variancesThe preparation of quarterly financial statements on a GAAP and Statutory basis (introduction to WINGS, Clearwater, Workiva and other internal reporting tools)The preparation of quarterly Board Reporting, including gathering and compiling of various data points focusing on key performance metrics.Collaboration among multiple departments to obtain essential reporting information. Enhance process documentation by reviewing and verifying the accuracy of existing standard operating procedures (SOPs).Performed in-depth analysis of monthly investment data including yields, Security master data, NAIC ratings, and accrual calculations, utilizing the Bloomberg Terminal for data validation and research.QualificationsExperienceProgress towards a BA or AA degree in Accounting or related fieldPrior internship, coursework, or project experience in insurance, investments, or financial reporting environments is a plus.Experience using Microsoft Excel (pivot tables, VLOOKUPs, formulas) and exposure to financial systems.Proven ability to maintain accuracy while managing multiple data points and deadlines. Skills/Competencies Strong MS Office skillsKnowledge of general ledgers and reporting tools deemed valuableExcellent communication skills, both written and verbalAbility to work with various team members; collaborative style; partners effectively and with ease.Keen eye for detail and accuracy; quality focusedEfficient and effectiveResults-driven; problem-solver Physical DemandsNormal office working environmentAbility to sit for extended periods of timeAbility to type / perform data entryAbility to read from a computer screen and paper reportsExpress ideas and otherwise communicate with the spoken word, specifically via virtual platforms (Microsoft Teams)