The intern will report to the Manager of the Regulatory Compliance Department. The Position Summary is: The position will enable a potential PLM trainee to understand how Regulatory Compliance interacts with the various PLM departments and keep the company operating within the parameters of the various state Department of Insurance rules and regulations. The Position Objective is to: learn where the various state regulations can be found, understand the role our vendors play in registering the company's rates, rules and forms, learn how to use the tools supplied by the vendors to create country-wide rule charts, learn the roles National Association of Mutual Insurance Commissions (NAMIC) filing tool SERFF works, understand how to request information of the IT Department and understand what a State Data Call is and why a state will request one. The Primary Activities are: Reviewing State Department of Insurance Websites, Compile lists of state regulations using vendor tools, create PDF copies of previous approved paper filings, verify vendor invoices are correct, conduct research relating to PLM Department requests, Review insurance periodicals for possible regulatory changes.
Job Competencies: Demonstrate clear written and spoken communication, ability to work alone, ability to request help from other departments, and ability to see the impact Regulatory Compliance has upon the entire organization.
Specialized Knowledge and Skills Requirements: Competent in the use of the internet, Microsoft Excel and Word programs, possess a basic understanding of the Property & Casualty Insurance Industry, demonstrates an interest in making insurance a career.