Internal Audit Intern

AmericanAg®; Schaumburg (IL); On-site; USD 34,000 - 49,000; Full time

Benefits offered by this job

Mentorship and professional dev.

Cross-department collaboration

Exposure to senior management

Job summary

AmericanAg®, a global provider of diversified reinsurance services, seeks an Internal Audit Intern for next summer in Schaumburg, Illinois. You will support audit planning, evidence review, and control documentation, while gaining exposure to regulatory matters and process improvements.

The role targets students pursuing accounting or related degrees with strong Excel and communication skills, and offers mentorship, cross-functional collaboration, and interaction with senior leadership.

Qualifications

• Pursuing a bachelor’s degree in accounting, finance, business administration, risk management, or related field
• Accounting coursework is strongly preferred
• Interest in internal audit, internal controls, compliance, risk management, or legal/regulatory matters
• Strong analytical, problem-solving, and attention to detail

Responsibilities

• Support internal audit planning and organize audit documentation, workpapers, and materials
• Review supporting records to verify documented processes and controls
• Assist with process walkthroughs, control documentation, data review, and reconciliations
• Conduct research on business requirements, policies, and regulatory considerations
• Prepare clear summaries, reports, and presentations for cross-functional collaboration

Skills

Accounting background

Excel

Microsoft Office

Analytical skills

Communication skills

Discretion

Education

Bachelor’s degree in accounting or related field

Tools

Microsoft Excel

Microsoft Outlook

PowerPoint

Word

Job description

AmericanAg®, a global provider of diversified reinsurance services, is looking for an Internal Audit Intern to join our team next summer in our office in Schaumburg, Illinois.

This internship offers a unique opportunity to gain hands-on experience in internal auditing within the reinsurance industry while developing exposure to legal, regulatory, and compliance-related work. The intern will support audit planning, evidence review, internal control documentation, and process improvement projects. The intern will also complete a defined project and, at the conclusion of the internship, deliver a brief presentation on the project and related work to the Executive Leadership Team.

We are looking for a student with an accounting or related business background who is interested in understanding how financial controls, business processes, legal requirements, and regulatory expectations work together to support the organization.

The Internal Audit Intern will be responsible for:

• Supporting internal audit planning and assisting with the organization of audit documentation, workpapers, and project materials
• Reviewing supporting records and evidence to determine whether established processes and internal controls are appropriately documented
• Assisting with process walkthroughs, control documentation, data review, reconciliations, and identification of potential process improvements
• Conducting research related to business requirements, corporate policies, legal or regulatory considerations, and industry practices
• Preparing clear summaries, reports, and presentations and collaborating professionally with employees across departments, reflecting the cross-functional nature of internal audit work

What you will bring to this position:

• Currently pursuing a bachelor’s degree in accounting, finance, business administration, risk management, or a related field; accounting coursework is strongly preferred
• Interest in internal audit, internal controls, corporate compliance, risk management, business law, or legal and regulatory matters
• Strong analytical, problem-solving, and critical-thinking skills with excellent attention to detail
• Strong Microsoft Excel skills and proficiency in Microsoft Outlook, PowerPoint, and Word
• Effective written and oral communication skills, including the ability to document findings clearly and summarize research
• Ability to handle confidential information with professionalism, discretion, and sound judgment
• Ability to manage multiple assignments in a well-organized manner; coursework in auditing, accounting information systems, business law, data analytics, or fraud examination is a plus

This internship at AmericanAg® offers:

• Hands-on experience in the reinsurance industry
• Exposure to internal audit, internal controls, compliance, legal and regulatory considerations, and process improvement projects
• Mentorship and professional development opportunities, and interaction with a peer group of interns working in other departments
• Opportunities to collaborate with teams across the organization and gain exposure to senior management in a collaborative and inclusive work environment.
• Competitive hourly pay of $30.00 per hour, based on a 37.5-hour work week plus a $500 one time-sign on bonus.

Who We Are

Since 1948,AmericanAg®has provided reinsurance services that promote the financial strength and success of its clients. We are a direct provider of reinsurance to the Farm Bureau®insurance companies and also participate in assumed U.S. and international reinsurance programs through the broker marketplace. Learn more ataaic.com

Reasons to ConsiderAmericanAg®

At AmericanAg®, you’ll work alongside a diverse team of highly educated and experienced professionals. We foster a dynamic culture where innovative ideas are championed and brought to life and where employees are appreciated, engaged, and encouraged to reach their full potential.

AmericanAg®participates in E-Verify. Learn more aboutapplicant rights under Federal Employment Laws.