Finance Intern

Posted 5 Days Ago
Be an Early Applicant
London, Greater London, England
Internship
Insurance
The Role
The Finance Intern will assist in various day-to-day finance functions, including preparing journals, matching expense submissions, verifying employee expenses, recording payments, and preparing budget vs actual analyses. The role requires attention to detail, good organization, and a willingness to learn.
Summary Generated by Built In

Job Summary

Assisting in smooth functioning of the finance function. Assist the seniors in completing day to day tasks and provide cover, as and when required.Job Description

Company Description

IGI - International General Insurance Co. Ltd. is a leading international specialist commercial insurer and reinsurer with a global portfolio of Energy, Property, Construction & Engineering, Ports & Terminals, Marine, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors’ and Officers’, Legal Expenses, Political Violence, Contingency and Treaty Reinsurance. Registered in Bermuda as a limited liability company, with operational headquarters in Amman, Jordan and offices in London, Malta, Bermuda, Norway, Dubai, Kuala Lumpur and Casablanca, we aim to deliver outstanding levels of service to our clients and brokers. The company has a strong financial position, with a financial strength rating of "A-" (Stable) from Standard and Poor's, and an "A" (Stable) rating from A.M. Best. IGI seeks to maintain profitability through prudent risk selection and a diversified business model.

Key Responsibilities

  • Preparing journals to record expenses in accounting ledgers

  • Matching expense submissions against the receipts

  • Verifying employee expenses, claims and bank payments for processing reimbursement

  • Recording payments of expenses in sub-ledgers and claim payments on underwriting system

  • Generating journal vouchers and get these approved by seniors

  • Maintaining petty cash balance

  • Preparing bank reconciliations

  • Assisting in preparation of budget vs actual analysis

  • Reporting discrepancies and mistakes to seniors

  • Assisting in other ad-hoc projects

Key Attributes & Professional Qualifications

Personal Characteristics

It is critical that the job holder is aligned and acts in accordance with IGI’s values;

Innovative, coming up with solutions

  • We listen, consider and endeavor to offer solutions to all our customers

  • We encourage our employees to innovate and to come up with new ideas and initiatives

Genuine, authenticity matters

  • We are a global team, supporting and collaborating with each other, for the benefit of all our stakeholders

  • We celebrate diversity and recognize that each individual is unique, and of value to ourselves and our society

Integrity, remaining true to our employees, customers and stakeholders

  • We put our principles into practices, doing only what’s right for our customers, employees and shareholders

  • We believe in building relationships, internal and external, based on trust, truths and real collaboration

Skills & Experience

  • Graduate and have basic knowledge of accounting. No prior work experience is required

  • Good understanding of Microsoft Excel and Word

  • Good attention to detail

  • Excellent communication skills (both verbal and written)

  • Good organisation skills

  • Ambitious attitude

  • Willingness to learn

  • Able to take directions

Top Skills

Accounting
Excel
Microsoft Word
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
614 Employees
Remote Workplace
Year Founded: 2001

What We Do

Specialist commercial insurer and reinsurer, underwriting a diversified portfolio of specialty lines.

Since our inception in 2001, IGI has been committed to providing specialty lines insurance and reinsurance solutions to our clients’ complex risks. Our reputation is based on focused underwriting expertise, flexibility in responding to customer needs, and ensuring efficient and responsive claims handling, all underpinned by stable management and a strong balance sheet.

Domiciled in Bermuda as a limited liability company, with offices in London, Amman, Bermuda, Malta, Oslo, Dubai, Casablanca and Kuala Lumpur, IGI is listed on Nasdaq Capital Markets under the symbol “IGIC”.

We write a worldwide portfolio of Energy, Property, General Aviation, Construction & Engineering, Ports & Terminals, Marine Cargo, Political Violence, Financial Institutions, General Third-Party Liability (Casualty), Legal Expenses, Professional Indemnity, D&O, Surety, Marine Trades, Marine Liability, Contingency, and Reinsurance Treaty Business.

Our ratings reflect the financial strength of our business: “A” (Stable) from AM Best; “A-” (Stable) from S&P. In 2023, we had net earnings of $118.2 million. Our holding company has assets in excess of $1,837.9 million, as at 31 December 2023

Similar Jobs

Basingstoke, Basingstoke and Deane, Hampshire, England, GBR
100000 Employees

Marigold Logo Marigold

Finance Intern

Marketing Tech • Software
London, Greater London, England, GBR
1348 Employees
2 Locations
2722 Employees

Alantra Logo Alantra

Corporate Finance Intern (Summer Internship)

Fintech • Payments • Financial Services
London, Greater London, England, GBR
759 Employees

Similar Companies Hiring

Openly Thumbnail
Insurance
Boston, MA
389 Employees
Flume Health Thumbnail
Software • Insurance • Healthtech
US
22 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account