Accounting Operations Intern
Position Summary:
Quincy Mutual Group is seeking a motivated Accounting Operations Intern to join our team for the summer. This internship is designed for students who possess close attention to detail, a high level of accuracy, good communication skills, and are interested in gaining hands-on experience in the property casualty insurance industry. The intern will support the operations team in payment application and other related clerical duties. It will include work on abandoned property escheatment processes. This is an opportunity to learn about the role of operations within the premium accounting area and the impact of providing accurate and timely notices in servicing the products offered.
PRINCIPAL ACCOUNTABILITIES:
• Prepare Payments: Open and distribute incoming mail using a mail opening machine. Prepare outgoing checks for mailing; confirm check totals and redirect as needed.
• Payment Entry: Using company guidelines, enter and confirm accurate payment application following rules for late payments and returning payments to policyholders. Complete batch posting by balancing work.
• Tax Identification Verification: Use soware to confirm tax identification numbers to W-9 data.
• Imaging: Image certificate of mailing and W-9 documents.
• Record and Prepare Correspondence: Document policy activity in notepad and prepare correspondence using form letters.
• Pre-Escheatment Project: Process the void and reissue or reapplication of stale, dated, uncashed checks by following established procedures.
Job Requirements:
• Education:
o Currently pursuing a bachelor’s degree
• Skills:
o Close attention to detail
o Analytical and organizational skills.
o Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
o Excellent written and verbal communication skills.
• Characteristics:
o Detail-oriented, with a solid ability to organize and prioritize tasks.
o Demonstrates a keen interest in the insurance industry and a willingness to learn.
o Exhibits Quincy Mutual's core values of integrity, accountability, and continuous improvement.
• Availability:
o Available to work during the summer internship period (approx. June-August).
o This posion requires five days in the office.