Product Forms & Compliance Intern

Duties & Responsibilities

• Aid in planning and contributing to entry-level projects under the direction of senior team members
• Research, develop, and maintain coverage forms, endorsements, and manuals needed to support existing products
• Review daily releases regarding changes to regulations and market alerts for potential impact to our products and flag relevant items to senior team members for review
• Contribute to and help maintain the department forms repository
• Conduct research and assist with basic market analysis, providing observations on target markets to the team
• Support the review of competitor product features and contract languages
• Support the creation of form filings for submission to the departments of insurance to satisfy state regulatory requirements, and assist with drafting objection responses under senior guidance
• Develop knowledge of assigned form filings and enhancements, and assist team members with related inquiries as familiarity grows
• Collaborate with IT to support system changes and enhancements and assist in verifying that changes were implemented correctly
• Observe and evaluate internal/external processes and procedures
• Build strong relationships among team members, ensuring cooperation on project objectives
• Assist with special ad hoc projects, analysis, and reporting as assigned

Qualifications

• Currently pursuing or recently completed a Bachelor's degree, preferably in Business, Finance, Risk Management, English, or a related field
• No prior insurance experience required; exposure to P&C Insurance concepts is a plus
• Excellent verbal and written communication skills
• Proficiency in Microsoft Word and Excel
• Strong attention to detail
• Ability to adapt to different or changing situations, requirements, or priorities
• Eagerness to proactively identify questions or issues and bring them to a supervisor's attention in a timely manner
• Basic quantitative, organizational, and time management skills with a willingness to learn and grow
• Must be able to work in U.S. without sponsorship