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Accounting Summer Internship 2024 - Hove

Employer
LegalAndGeneral
Location
United Kingdom
Salary
Competitive Salary
Closing date
Dec 10, 2023

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Job Role
Finance Intern
Sector
Finance
Contract Type
Internship
Hours
Full Time
Job Description

Accounting is central to ensuring a profitable, well run insurance business and your work will support the success of a FTSE 100 company. As part of the internship, you could be placed with any of our accounting teams across Group, LGIM or Legal & General Capital in functions such as Tax, Treasury, Audit, Financial Reporting, Risk Analytics and Expense and Ledger Management.

Over the course of the internship, you will have the chance to interact with different teams, hear from senior speakers and network with your fellow interns. Some of the day-to-day activities could include:
  • Supporting the delivery of financial information, reporting and advice (both external and management information (MI) and reporting) and ensuring appropriate financial reporting, MI, process and systems are in place to provide support to other business areas so that customers are treated fairly, in line with Legal & General’s Customer Experience and Treating Customers Fairly (TCF) policy.
  • Accurate record keeping in the ledger and daily process records, and timely and accurate filing and storage.
  • Preparation of the reporting and MI required for internal and external regulatory reporting, audit and compliance.
  • Build and maintain excellent working relationships and communications with other parts of the business to ensure delivery of effective processes and procedures.
  • Understanding the key risk exposures for different types of life insurance products, i.e. the drivers of capital for different types of assets or liabilities.
  • Perform, under guidance, the tasks necessary to enable the continuous improvement of the team’s financial reporting systems, processes and actuarial reporting methodologies. Ad hoc finance support on group projects as they arise.
  • End to end forecast and planning process, including Business Partnering discussions with cost centre managers to agree plan assumptions and agreeing revisions of assumption as part of a formal re-forecast.
  • Building MI to have insight to better serve our customers as well as identifying strengths/weaknesses in our business.

But most importantly you will be learning new skills and gaining knowledge of how our business works!

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