Ceded Re Claims Intern

Summer 2026 Ceded Reinsurance Claims Intern

We are seeking a Summer 2026 Ceded Reinsurance Claims Intern for the Ceded Reinsurance Recoverables team within the Ceded Re team, located in New York City, NY. The Internship Program is a 10-week development initiative designed to provide professional growth with potential long-term opportunity for successful individuals interested in the Insurance / Reinsurance industry.

What can I expect as an Intern?

On-the-job Learning Sompo's Ceded Reinsurance team is a globalized customer focused, dedicated and professional organization. The team is responsible for the purchasing and management of Ceded Reinsurance placements. The Ceded Accounting staff which includes the Recoverables team, will provide accurate and timely production of financial statements, production reports, client receivables / payables and be actively involved in cash processing, collection, disbursement and recoverables / claims as well as any ad-hoc project requests. The team is responsible for estimating Sompo's net loss after reinsurance, preparing loss reports to reinsurers, answering reinsurers inquiries, billing reinsurers and pursuing claim recoveries . The Interns are immersed in the day-to-day activities of their team, assisting the Ceded Re team with data, systems and projects within the flow of the Ceded Re accounting process.

Responsibilities

• Gain a solid understanding of the company's ceded reinsurance recoverables / claims processes.
• Assist in identifying claims for reinsurance reporting and helping to estimate net loss after reinsurance.
• Assist with sending initial notices and updates to intermediaries / reinsurers as well as in helping to respond to reinsurer claims and loss queries.
• Help to collect outstanding reinsurer recoverables and help research resolutions.
• Assist the team with special projects.

Activities, Learning and Development

Throughout the program, Interns will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to their manager and mentor.

Qualifications

Preferred Qualifications

Salary Range : $20- $22 / hr. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.