Accounting and Claims Intern

Howden Re

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service.

Primary Responsibilities :

• 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
• Attendance at client claims audits as needed
• Work with the team to review new contract wordings for key terms and input into the accounting and claims system
• Prepare reporting forms and adjustment calculations for client use as needed
• Promptly forward all funds to payees in a timely manner
• Monitor brokerage revenue forecast and update as needed
• Assist in the maintenance of reinsurer database
• Obtain new company banking instructions and assist in the creation of wire templates using bank software
• Other tasks as assigned

Qualifications :

The expected compensation range for this role is $20-$24 / hour.

This is an in-person opportunity located in Edina, MN running from June - August 2025.