Intern, Statutory Reporting - Morristown, NJ

Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A+" (Superior) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization.  

For more information about Crum & Forster, please visit our website: www.cfins.com.

Job Description

Financial Services – Statutory Accountant Intern

What you will do:

• Assist with preparation of quarterly financial statements, footnote disclosure, exhibits and schedules for NAIC and state filing
• Assist with preparation of deliverables for the statutory filings for multiple states including NAIC and US Treasury
• Perform general ledger and subject premium/reinsurance reconciliations
• Perform validation testing on various new system implementations
• Assist in Ad Hoc Projects

What you will bring to C&F:

• Possess basic knowledge of accounting
• Possess knowledge of GAAP (basic understanding of Statutory Accounting Principles a plus)
• Strong analytical skills
• Intermediate /Advance experience with Excel
• Basic knowledge of major general ledger accounting software packages preferred (familiarity of FIS IAS and Gain Compliance a plus)
• Familiarity with report writers such as Business Objects and TM1 is also a plus
• Ability to work and communicate well with other staff and other functional departments within the organization
• Regularly communicate with supervisor and makes him/her aware of current work load, even in a remote environment
• Ability to accept, initiate, and implement changes in process in a fast paced work environment
• Ability to organize and prioritize work and follow up on issues
• Working towards a Bachelors of Science in Accounting/Finance
• Minimum 3.0 GPA
• Ability to work a minimum of four days per week in the summer in Morristown

What C&F will bring to you

• A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
• A dynamic, ambitious, fun and exciting work environment
• We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community

At C&F you will BELONG

If you require special accommodations, please let us know. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let us know. Belonging at C&F, is a mindset. It’s about fostering a culture of inclusion and connection, where everyone feels valued, heard, and empowered to thrive and where our social impact efforts help strengthen the communities where we live and work.

For California Residents Only:  Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws.  Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $16.00 to a maximum of $25.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

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