Accounting Summer Intern - R_287168-6153 - Masco Corporation
Schaumburg, IL
About the Job
This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12310206 About Marsh
McLennan Agency Midwest
Marsh McLennan Agency's Midwest Region is a full-service brokerage
providing business insurance, employee benefits, private client
insurance, and retirement services to businesses and individuals across
the country. MMA Midwest is consistently recognized as a top workplace,
attracting and retaining its insurance talent by rewarding expertise and
investing in career development. Colleagues enjoy an award-winning
culture that fosters a highly productive and results-driven working
environment.
The Accounting Intern develops the knowledge and skills needed to
execute accounting and analytical services, by gaining hands-on
experience with day-to-day operations. Ideal interns are instrumental in
supporting all components of our Accounting team while also ensuring
processes are consistently followed. They provide consistent, excellent
client service in all interactions with colleagues, clients, and
insurance carriers in working through any billing or payment
discrepancies. Additionally, the Accounting Intern will assist the
Accounting team and others involved in the implementation of new
accounting procedures and processes. They also strengthen necessary
competencies for both career advancement and business communications by
establishing effective relationships with manager, mentor, and peers.
Execution of Client Service
- Ensures timely payment of operating bills to vendors, reviewing for
accuracy and approval
- Analyzes invoices and provides recommendation for direct bill
commission statements
- Prepares daily deposits to bank
- Performs extensive data entry and processing
- Conducts carrier research, matching statements with deposits and
mailed checks
- Updates monthly installments and checks for accuracy (proofs and
mails invoices)
- Checks monthly statements for accuracy
- Identifies shortfalls and payment discrepancies
- Works with Producers, Account Managers, and insurance companies to
resolve billing discrepancies
- Enters and maintains client data in agency management system
- Performs related duties as assigned or as a situation dictates
Data Integrity & Quality
- Maintains accurate and complete client data in agency management
systems
- Consistently achieves data integrity and meets activity timeliness,
quality metrics, and goals
- Utilizes internal resources for identified processes to ensure
efficiency and consistency in execution
Peer Relationships and Self-Development
- Participates in insurance courses, team meetings, and industry
webinars for skill and knowledge development
- Seek opportunities to learn from experienced team members,
leveraging their knowledge and expertise to enhance your own
understanding of insurance concepts and practices
- Completes workflow training with manager and/or mentor
- Meets and provides feedback to manager and/or mentor on a frequent
basis
- Establishes connections and effective working relationships with MMA
colleagues, fellow interns within the internship program, and
interns within other MMA regions
- Works toward achieving individual and team goals
- Develops and delivers group presentation on assigned topic with
other interns
Required
- 1+ years of undergraduate completed
- Strong written and verbal communication skills
- Strong mathematical and analytical skills
Preferred
- Pursuing BS/BA in Accounting/Finance, Mathematics, Business, or
related field
- Intermediate or advanced skill level with Microsoft Word, Excel
Program Highlights
We provide our interns the opportunity to be immersed in our
award-winning culture by participating in the following intern p ogram
related activities:
- Earn wellness points and incentives through our Eye of the Tiger
Wellness Program
- Spend the day giving back to the community by participating in a
volunteer day through MMA Cares
- Become ingrained in MMA's culture and initiatives by attending
intern specific orientation and onboarding process
- Attend and participate in various activities aimed at refining your
professional growth and development
- Gain exposure to additional niches within the insurance industry by
attending various webinars and participating in job shadowing
opportunities across different departments and roles within MMA
A Great Place to Work. A Great Place to Perk.
Recognized for workplace culture by the likes of Fortune Magazine, The
Chicago Tribune and more, our colleagues enjoy an environment that
fosters creativity as well as individual and organizational growth.
Who You Are is Who We Are
MMA Midwest has created an award-winning culture largely due
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12310206 About Marsh
McLennan Agency Midwest
Marsh McLennan Agency's Midwest Region is a full-service brokerage
providing business insurance, employee benefits, private client
insurance, and retirement services to businesses and individuals across
the country. MMA Midwest is consistently recognized as a top workplace,
attracting and retaining its insurance talent by rewarding expertise and
investing in career development. Colleagues enjoy an award-winning
culture that fosters a highly productive and results-driven working
environment.
The Accounting Intern develops the knowledge and skills needed to
execute accounting and analytical services, by gaining hands-on
experience with day-to-day operations. Ideal interns are instrumental in
supporting all components of our Accounting team while also ensuring
processes are consistently followed. They provide consistent, excellent
client service in all interactions with colleagues, clients, and
insurance carriers in working through any billing or payment
discrepancies. Additionally, the Accounting Intern will assist the
Accounting team and others involved in the implementation of new
accounting procedures and processes. They also strengthen necessary
competencies for both career advancement and business communications by
establishing effective relationships with manager, mentor, and peers.
Execution of Client Service
- Ensures timely payment of operating bills to vendors, reviewing for
accuracy and approval
- Analyzes invoices and provides recommendation for direct bill
commission statements
- Prepares daily deposits to bank
- Performs extensive data entry and processing
- Conducts carrier research, matching statements with deposits and
mailed checks
- Updates monthly installments and checks for accuracy (proofs and
mails invoices)
- Checks monthly statements for accuracy
- Identifies shortfalls and payment discrepancies
- Works with Producers, Account Managers, and insurance companies to
resolve billing discrepancies
- Enters and maintains client data in agency management system
- Performs related duties as assigned or as a situation dictates
Data Integrity & Quality
- Maintains accurate and complete client data in agency management
systems
- Consistently achieves data integrity and meets activity timeliness,
quality metrics, and goals
- Utilizes internal resources for identified processes to ensure
efficiency and consistency in execution
Peer Relationships and Self-Development
- Participates in insurance courses, team meetings, and industry
webinars for skill and knowledge development
- Seek opportunities to learn from experienced team members,
leveraging their knowledge and expertise to enhance your own
understanding of insurance concepts and practices
- Completes workflow training with manager and/or mentor
- Meets and provides feedback to manager and/or mentor on a frequent
basis
- Establishes connections and effective working relationships with MMA
colleagues, fellow interns within the internship program, and
interns within other MMA regions
- Works toward achieving individual and team goals
- Develops and delivers group presentation on assigned topic with
other interns
Required
- 1+ years of undergraduate completed
- Strong written and verbal communication skills
- Strong mathematical and analytical skills
Preferred
- Pursuing BS/BA in Accounting/Finance, Mathematics, Business, or
related field
- Intermediate or advanced skill level with Microsoft Word, Excel
Program Highlights
We provide our interns the opportunity to be immersed in our
award-winning culture by participating in the following intern p ogram
related activities:
- Earn wellness points and incentives through our Eye of the Tiger
Wellness Program
- Spend the day giving back to the community by participating in a
volunteer day through MMA Cares
- Become ingrained in MMA's culture and initiatives by attending
intern specific orientation and onboarding process
- Attend and participate in various activities aimed at refining your
professional growth and development
- Gain exposure to additional niches within the insurance industry by
attending various webinars and participating in job shadowing
opportunities across different departments and roles within MMA
A Great Place to Work. A Great Place to Perk.
Recognized for workplace culture by the likes of Fortune Magazine, The
Chicago Tribune and more, our colleagues enjoy an environment that
fosters creativity as well as individual and organizational growth.
Who You Are is Who We Are
MMA Midwest has created an award-winning culture largely due
Source : Masco Corporation
