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Finance Intern
Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for.
We're a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration - because success is a team sport. It's our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued.
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. 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.
The Finance Intern will provide analytical and administrative support to Corporate Finance, gaining exposure to core accounting and finance functions within a large, regulated organization. This role offers hands-on experience in areas such as financial reporting, regulatory filings, auditing, and clerical support.
The intern will learn how financial transactions flow through the organization, including claims expense processing, payment cycles, bank reconciliations, and the use of various financial systems. This is a great opportunity for a student interested in building practical accounting and finance skills while contributing to day-to-day finance operations. Performs other duties as assigned.
Key Accountabilities
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Assistance with Regulatory Filings
- Assist in regulatory filings and analysis
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Ad Hoc Analysis
- Prepare reconciliations
- Investigate and resolve any discrepancies
- Financial analysis as requested by management
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Operational and Clerical Support
- Assist with general ledger entries
- Support processes related to claims expense and payment cycles
- Assist with bank reconciliations and data entry tasks
- Learn and work within multiple finance and accounting systems
- Current junior or senior pursuing a degree in Accounting, Finance, or a related field
- Foundational understanding of accounting and financial principles
- Proficiency in Microsoft Excel; ability to work with spreadsheets and financial data
- Strong written and verbal communication skills
- High ethical standards and professionalism
- Strong analytical thinking, attention to detail, and good judgment
- Well-organized, self-directed, and able to work effectively as part of a team
- Open to learning, asking questions, and contributing ideas related to process improvement
This position is an Office role, which requires an employee to work onsite, on average, 3 days per week. We are open to candidates located near one of the following office locations: Minnetonka, MN, or Madison, WI.
The full salary grade for this position is $34,100 - $43,900. 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.
Eligibility to work in the US: Medica does not offer work visa sponsorship for this role. All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States.
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.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
