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FM

Internal Audit Internship

Factory Mutual Insurance Company
Johnston, Rhode Island
HybridUSD 24 / hour

About this role

Job title: Internal Audit Internship

FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

Schedule & Location: The Internal Audit Internship is expected to begin in November and run through mid-September. During the academic year, interns will work part-time, approximately 20 hours per week. During winter and summer breaks, the position may transition to full-time hours, ranging from 32 to 37.5 hours per week. This is an office-based role located at our Corporate Headquarters in Johnston, Rhode Island, with the opportunity to work remotely one day per week, subject to manager approval and business needs.

Responsibilities

  • Provides assistance to Internal Audit staff in completing documentation and testing performed as part of the annual financial statement audit:
  • Perform procedures outlined in the audit program.
  • Document test results.
  • Keep supervisor apprised of progress.
  • Clear review notes.
  • Assist with testing as assigned on internal audit engagements.
  • Perform minor administrative assignments, as required.

The intern will gain skills in the following areas:

  • Business process documentation.
  • Identification of business process controls.
  • Test of controls.
  • Audit sampling.
  • Confirmations.
  • Review of account reconciliations.

Qualifications

Required Education:

  • Pursuing a bachelor’s degree.
  • Rising junior or rising senior student; (will complete sophomore year prior to start of internship).
  • GPA of 3.2 or higher.
  • Student seeking a career in auditing is a plus

Highly Preferred Education:

  • Bachelor’s or masters degree in accounting.

Required Skills

  • Attention to detail and accuracy.
  • Customer focused.
  • Strong interpersonal and communication skills.
  • Strong critical thinking and problem-solving skills.
  • Proficiency in Microsoft Office.

Highly Preferred Skills:

  • PeopleSoft technical skills and experience.

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