Regulatory Affairs Intern - Auto

Posted:
8/14/2024, 5:00:00 PM

Location(s):
Omaha, Nebraska, United States ⋅ Nebraska, United States

Experience Level(s):
Internship

Field(s):
Legal & Compliance

Workplace Type:
Hybrid

Company:

BHHIC Berkshire Hathaway Homestate Insurance Company


As a member of the Berkshire Hathaway group of insurance companies, we offer outstanding opportunities for professionals interested in working with a successful company. We offer unparalleled financial strength, stability and “large company” benefits, in addition to an exciting, friendly, “small company” atmosphere.

Want to work for a company with unparalleled financial strength and stability that also offers “large company” benefits with an exciting, friendly, and “small company” atmosphere? That is what you will find within the Berkshire Hathaway Group of Insurance Companies as well as outstanding opportunities for professionals looking to grow in their careers.

The Regulatory Affairs Intern will work with members of regulatory team to assist in ensuring that BHHC property and casualty Auto policy forms accomplish their underwriting objectives, are effectively built into policies, and can repeatedly be accurately implemented in a scalable and efficient manner.

This position will be in Omaha Nebraska, and hybrid at management discretion.  This position is not eligible for employer visa sponsorship. 

What will you do?

  • Participates as member of regulatory team to ensure the proper construction of BHHC property and casualty insurance policies.
  • Assists Regulatory Affairs Analysts perform the drafting and participates in the discussion of new policy forms and business documents or revisions and updates to existing policy forms and business documents.
  • Assists Regulatory Affairs Analysts perform the filing of agreed coverage forms with state insurance departments..
  • Assists Regulatory Affairs Analysts with maintenance of company policy form databases, ensuring accuracy and completeness of policy form templates, filing information, policy coverage impact, state and company availability, effective dates, and business rules.
  • Shadows in the auditing and review of issued policies to ensure that they are properly constructed and completed according to company specification and in compliance with state rules and regulations.
  • Learns compliance survey and audit work of the Berkshire Hathaway Homestate Companies group of insurance companies’ operations.
  • Assists Regulatory Affairs Analysts in the review of legislative material received from state insurance departments, industry service organizations, and motor vehicle departments for impact on policy forms, rates, rules, applications, underwriting rules, and Company procedures.
  • Assists Regulatory Affairs Analysts in Company response to market conduct exams and similar state insurance department inquiries by answering questions and discussing various issues.

What are we looking for?

  • Sophomore or Junior standing
  • Basic math
  • Personal computer and software
  • Experience with MS Office Applications (Excel, Word, PowerPoint)

Who would excel in this role?

  • Someone with excellent oral and written communication
  • Someone with good time management.
  • Someone able to research and evaluate alternatives, reach decisions, and propose recommendation.
  • Someone who works well with others and can be a collaborative member of a team as well as working independently.

We want you to be involved! We offer Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development as well as companywide surveys to hear from our employees.

We care about your health and wellbeing! Our Wellness program is integrated into the Company culture with an online wellness portal that offers a year-round, one-stop-shop to manage and track all areas of health, onsite fitness center, an Employee Relations team ready to assist you and more.

Benefits, Perks and more! We offer subsidized downtown parking and a Learning & Development team.

A comprehensive benefits package is available for regular, full-time employees, including health, vision, dental, life and disability insurance as well as a 401(k) with company match. We also proudly offer 100% upfront tuition reimbursement to regular, full-time employees, to further your education. Our Omaha office boasts a complimentary state-of-the-art, on-site gym, a robust wellness program, low-cost downtown parking, and numerous volunteer and networking opportunities with other emerging professionals.