Reinsurance Accounting Intern (Peoria, IL Fall 2026 - Spring & Summer 2027)

RLI Corp.; Peoria (IL); On-site; USD 28,000 - 39,000; Full time

Job summary

RLI Corp. in Peoria, IL offers a year-round internship in the Accounting department starting Fall 2026.

The role provides hands-on experience in various accounting duties and projects within Reinsurance Accounting, with part-time hours during the school year and full-time in the summer. Under supervision, you will compile and analyze data for internal and external reports, perform balance sheet and systems reconciliations, journalize transactions, and maintain reinsurance accounting entries

Qualifications

• Sophomore, junior, or senior majoring in Accounting.
• Minimum 3.0/4.0 cumulative GPA preferred.
• Strong Excel skills and grammar/writing ability.
• Ability to communicate clearly and work in a team.

Responsibilities

• Compile and analyze data for reporting for internal and external customers.
• Perform balance sheet reconciliations.
• Perform systems reconciliations.
• Journalize transactions and review their impact on financial statements.
• Maintain and update transactions and entries in the reinsurance accounting system.
• Assist with other projects/duties as needed.

Skills

Organized

Detail-oriented

Analytical

Problem solver

Communication skills

Teamwork

Education

Accounting major (Sophomore/Junior/Senior)

Tools

Excel

Job description

About Us

We're not like other insurance companies. From our specialty products to our business model, our culture to our results - we're different. Different is who we are, and how we work, interact, deliver and succeed together. At RLI, we're always looking to hire and develop tomorrow's leaders. Our goal is to attract, develop and retain the best talent from diverse backgrounds while promoting an environment where all viewpoints are valued and individuals feel respected, are treated fairly and have an opportunity to excel. Our unique internship program is a paid, hands-on learning experience that allows students to gain practical industry knowledge, network with RLI professionals in their field of interest, develop and refine skills, and build confidence in their abilities.

RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar - a testament to our culture and validation of our reputation as an excellent underwriting company. Our insurance subsidiaries are rated A+ "Superior" by AM Best company and A "Strong" by Standard & Poor's. Check out our strong financial track record here.

RLI's Accounting department is currently hiring for a year-round internship starting Fall 2026. This intern will assist with various accounting duties and projects in the Reinsurance Accounting area. This internship is available in our Peoria, IL home office. Work hours during the school year (12-15 hours per week) are flexible based on your school schedule. Work hours during the summer are full time (8:30-5:00, Monday-Friday).

Position Purpose

Under frequent supervision, gain a broad understanding of the RLI business through a real-world experience and on-the-job training.

Principal Duties & Responsibilities

• Compile and analyze data for various reporting for both internal and external customers.
• Perform various balance sheet reconciliations.
• Perform various systems reconciliations.
• Journalize various transactions & review impact on financial statements.
• Maintain and update various transactions & entries in reinsurance accounting system.
• Assist with other project/duties as needed.

Education & Experience

• Sophomore, Junior, or Senior majoring in Accounting
• Minimum 3.0/4.0 cumulative GPA preferred

Knowledge, Skills, & Competencies

• Organized, detail-oriented, analytical, and problem solver
• Experience in Excel, solid grammar, and writing skills
• Demonstrated success in a classroom setting, and a desire to learn
• Ability to clearly and effectively communicate with others while working as part of a team

Who We're Looking For

Interns at RLI are some of the best and brightest in the industry. Our internships have been nationally recognized as a top 50 internship within the Insurance industry and was the highest rated company for providing high quality assignments. When recruiting the next generation of RLI employees, we look for candidates who have:

• Critical thinking/analytic skills
• Strong communication skills
• Ability to work independently
• Integrity and reliability
• Technical accuracy

Internship Pay Rates

When participating in an internship at RLI, salary is determined by the group that is being supported as well as relevant educational factors.

• General Internship: $20/hour
• IT & Underwriting: $22/hour
• Legal: $25/hour
• Actuarial: $22-$28/hour*

*Dependent on number of completed actuarial exams.

Diversity & Inclusion

RLI is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.