Finance Intern

Medica is a non-profit health insurance company headquartered in Minnetonka with offices in Madison and Omaha. The company is active across the heart of America and provides healthcare coverage in multiple markets. Medica is engaged in our communities through the charitable grant-making work of the Medica Foundation and active employee giving and volunteer programs.

Medica will host a 12-week, paid Internship Program. Interns will have the opportunity to network within Medica and with other Interns through weekly Lunch-and-Learns and opportunities to hear from Executives. We strive to offer a well-rounded education of the inner workings of a health plan. Each internship offers a meaningful experience and impactful projects you'll be able to discuss with future employers. At Medica, we look forward to our Summer Internship Program each year.

Department Introduction:

Medica's Finance Intern will split their time between internal audit and finance functions. This role is designed to provide hands-on experience in both areas, offering a comprehensive understanding of corporate finance and auditing processes.

Key Responsibilities:

Internal Audit

• Perform internal audits independently and professionally.
• Develop audit scope plans in collaboration with the Internal Auditor, Senior/Manager.
• Prepare comprehensive work papers according to professional auditing standards.
• Present audit findings to management alongside the Internal Audit, Senior Director.

Finance

• Calculate accruals, prepare journal entries, and enter them into the general ledger system.
• Assist in submitting regulatory filings and conducting analysis.
• Investigate and resolve discrepancies.
• Create and distribute monthly reports to support management decision-making.
• Perform financial analysis as requested by management.

Qualifications:

• Junior or Senior pursuing a Bachelor's or Graduate degree in Accounting, Finance, or related field

Skills/Abilities:

• Strong technical accounting and auditing knowledge.
• Excellent written and verbal communication skills.
• High ethical standards.
• Expert analytical ability and good judgment.
• Well-organized, self-directed, and a team player.

This position is a hub-based role which requires onsite presence. Frequency is determined by business need as decided by leadership and may be up to 2-3 days a week. To be eligible for consideration, candidates must reside within a commuting distance to our Minnetonka office.

The full salary range for this position is $33,300-$43,100. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

The compensation and benefits information is provided as of the date of this posting. Medica's compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.

We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.