2025 Bermuda Monetary Authority ILS and Long-term Business Internship Programs
Description
2025 Bermuda Monetary Authority ILS and Long-term Business Internship Programs
The Bermuda Monetary Authority (Authority or BMA) is the integrated regulator of the financial services sector in Bermuda. The Authority supervises, regulates and inspects financial institutions operating in the jurisdiction. It also issues Bermuda’s national currency, manages exchange control transactions, assists other authorities with the detection and prevention of financial crime, and advises Government on banking and other financial and monetary matters.
The Authority develops risk-based financial regulations that it applies to the supervision of Bermuda’s banks, trust companies, investment businesses, investment funds, fund administrators, digital asset businesses, money service businesses, corporate service providers and insurance companies. It also regulates the Bermuda Stock Exchange and Bermuda Credit Union.
We provide unique and meaningful career opportunities that contribute to the maintenance of the most vibrant sector of Bermuda's economy.
We are now accepting applications for our two 2025 internship programs:
• The 2025 Bermuda Monetary Authority ILS Internship Program. The successful intern will work with the Authority’s Insurance-linked Securities’ (ILS) team while gaining exposure to a variety of ILS business models that exist in Bermuda. Interns can expect to be exposed to business plans, financial statements, annual reviews, and a variety of supervisory activities related to ILS supervision in Bermuda.
• The 2025 Bermuda Monetary Authority Long-term Business Internship Program. The successful intern will work with the Authority’s Long-term Business team while gaining exposure to a variety of Long-term Business models that exist in Bermuda. Interns can expect to be exposed to business plans, financial statements, annual reviews, and a variety of supervisory activities related to Long-term Business supervision in Bermuda.
These internships will take place during summer 2025 and will run for 6-8 weeks.
To apply, send your resume and a cover letter to [email protected]. Your cover letter should detail why you are interested in the opportunity and what you hope to gain from the internship program.
Application deadline: January 10th 2025