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Federated Insurance

Mutual insurer of property, casualty, life

Accounting Intern

Financial AccountingConfirmed live in the last 24 hours
Internship · Winter 2028Owatonna, MN, USA

About the Job

Requirements

  • Be a Junior or Senior level Accounting major.
  • Have a minimum overall GPA of 3.2.
  • Have strong computer knowledge.
  • Be able to use Microsoft Excel or equivalent spreadsheet software.
  • Be legally authorized to work in the United States for any employer. The employer does not sponsor employment visas and does not interview or hire students or recent graduates with J-1, F-1, or similar temporary work authorization.

Responsibilities

  • Prepare monthly financial statements.
  • Complete bank and account reconciliations.
  • Participate in quarterly financial statement presentations.
  • Prepare annual statements for insurance entities.
  • Complete regulatory filings for state agencies.
  • Participate in quarterly industry earnings calls and meetings.
  • Assist with gathering data for external auditors.
  • Assist with preparing audited financial statements and notes.
  • At the conclusion of the internship, prepare a presentation outlining the internship experience for the accounting operations team and Human Resources.

About the Company

Federated Insurance

Mutual insurer of property, casualty, life

Federated Insurance provides property, casualty, and life insurance services for businesses and farmers in the United States. Its products include tailored coverage options, risk management services, and ongoing support to help policyholders protect assets and ensure business continuity. The company collects insurance premiums and invests the funds to meet policyholder obligations, operating as a mutual company owned by its policyholders rather than shareholders. This structure emphasizes long-term value and customer success over short-term profits. Federated is distinguished by its mutual ownership, strong financial stability (A.M. Best rating of A Superior), and a focus on mid- to large-sized businesses and farmers, offering personalized solutions across various industries. Its goal is to help clients manage risk, safeguard assets, and maintain business operations through stable, long-term coverage.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Owatonna, MN
Founded
1904

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