Federated Mutual Insurance Company

Accounting Intern - January 2024

Job Locations US-MN-Owatonna
Job ID 2022-3984

Job Details

Internships are a great way to hone your skills in a professional setting. Through our internship you will be exposed to a variety of meaningful projects and important business contacts. Even better, your contributions will be valued and rewarded - as you will be an important member of our team. You will also have a mentor assigned to you to help you get up to speed quickly and provide support for any questions that may arise.

Federated Insurance is seeking a full-time accounting intern for our Owatonna, MN office that will start January 2024. The paid internships will last for approximately 10-12 weeks with housing provided.


  • Preparing monthly financial statements
  • Completing bank and account reconcilements
  • Participating in quarterly financial statement presentations
  • Preparing annual statement for insurance entities
  • Completing regulatory filings for state agencies
  • Participating in quarterly industry earnings calls and meetings
  • Assisting with gathering data for external auditors
  • Assisting with the preparation of audited financial statements and notes
  • At the conclusion of the internship, the intern will prepare a presentation outlining their internship experience to the accounting operations team and Human Resources

Minimum Requirements

  • Currently pursuing a Bachelor’s Degree in Accounting (Sophomore, Junior or Senior level at the time of internship)
  • Minimum overall GPA of 3.2
  • Strong computer knowledge
  • Ability to use Microsoft Excel or equivalent spreadsheet software


  • Financial Compensation
  • Furnished Housing provided
  • Individual Mentoring
  • Subsidized Country Club Membership (summer intern only)
  • Subsidized on-site Fitness Center membership
  • Participation in Federated's Wellness Program
  • Free Employees Club Membership


About Us

At Federated Insurance, we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own.


You will have opportunities to grow in your career. Our employees are encouraged to ask questions and learn on the job, and we are committed to promoting from within. We recognize your contributions with an exceptional rewards package that includes competitive pay and bonus programs, incredibly affordable health insurance, generous pension and 401(k) benefits, and gift matching and paid volunteer time to support your involvement in the community.  Learn more about our Benefits.


All candidates must be legally authorized to work in the United States for any employer. Federated will not sponsor candidates for employment visa status, such as an H1-B visa. Federated does not interview or hire students or recent graduates with J-1 or F-1 visas or similar temporary work authorization.


If California Resident, please review Federated's enhanced Privacy Policy.


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