Accounting Intern

Farmers Mutual Hail Insurance Company; West Des Moines (IA); On-site; USD 17,000 - 28,000; Full time

Benefits offered by this job

On-site gym

Cafeteria

Employee events

Company-wide activities

Job summary

Farmers Mutual Hail Insurance Company in West Des Moines, IA is seeking an undergraduate Summer Internship for 2027. The paid program runs May 17–August 6, up to 40 hours per week, with potential to turn into full-time in the future.

We seek enrolled sophomores, juniors or seniors majoring in Accounting, Finance or Business. May 2027 graduates are not eligible. Interns will assist with quarterly reporting, reconciliations and AP entries in a collaborative, on-site office environment.

Qualifications

• Must be currently-enrolled sophomore, junior or senior at an undergraduate college or university.
• Majoring in Accounting, Finance, Business, or related field.
• May 2027 graduates will not be eligible.

Responsibilities

• Learns and assists with the quarterly financial reporting process.
• Assists with reconciling outstanding checks and unclaimed property.
• Learns and assists with reinsurance accounting and related reporting.
• Performs various account and cash reconciliations.
• Assists with coding and entering accounts payable transactions.
• Prepares and enters monthly journal entries.
• Performs other related duties as assigned.

Skills

Accounting fundamentals

Excel proficiency

Microsoft Word

Education

Undergraduate student (Accounting/Finance/Business)

Tools

Excel

Word

Job description

At Farmers Mutual Hail (FMH), our mission is simple: protect the livelihoods and legacies of America’s farmers through the complete farm insurance solutions we offer. As America’s Crop Insurance Company™, we’re headquartered in the U.S. and have been owned by the farmers we insure for over 125 years.

Farmers Mutual Hail (located in West Des Moines, IA) is currently looking for a qualified undergraduate to join our 2027 Summer Internship Program. This is a paid internship starting Monday, May 17 through Friday, August 6, working up to 40 hours per week for the summer, with the potential to turn into a full-time, permanent position in the future.

We are looking for currently-enrolled college students who are close to the West Des Moines area, as this is not a remote internship.

REQUIREMENTS:

Education: Must be a currently-enrolled sophomore, junior or senior at an undergraduate college or university, majoring in Accounting, Finance, Business, or related field. (May 2027 graduates will not be eligible).

Skills: Basic understanding of accounting principles and financial concepts is required. Proficiency with Microsoft Office, particularly Word and Excel is preferred.

RESPONSIBILITIES:

• Learns and assists with the quarterly financial reporting process.
• Assists with reconciling outstanding checks and unclaimed property.
• Learns and assists with reinsurance accounting and related reporting.
• Performs various account and cash reconciliations.
• Assists with coding and entering accounts payable transactions.
• Prepares and enters monthly journal entries.
• Performs other related duties as assigned.

WORK ENVIRONMENT:

• Office environment with individual workspace provided.
• On-site fitness center and cafeteria.
• Employee appreciation events.
• Opportunity to participate in company-wide activities.

This position is not eligible for sponsorship for work authorization by Farmers Mutual Hail Insurance Company, SI. Therefore, if you will require sponsorship for work authorization now or in the future, we cannot consider your application at this time.

Farmers Mutual Hail Insurance Company does not discriminate in employment (EOE). All qualified applicants are encouraged to apply.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in Farmers Mutual Hail Insurance Company’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.