Compliance Intern
: Job Details :

Job Description The SCOR portfolio includes a wide variety of insurance categories for businesses. To name a few: Builders Risk, Businessowners (known as BOP which combines protection from all major property and liability risks in one package), Commercial Auto Liability & Property Damage, Motor Truck Cargo, General Liability, Professional Liability, Errors & Omissions, Equine coverages, Inland Marine, Catastrophe coverage for Earthquake, Hail, Hurricane, Wind, Flood; and Excess Liabilities. SCOR's business compliance team ensures we comply with state, federal laws and regulations for all business categories and implement new requirements. Essentially monitoring all facets of the business to continue to grow our program business. This team is seeking a Compliance and Governance intern, who is a matrix thinker, to assist on a wide variety of tasks daily. Working directly alongside the head of Compliance and the operations team, you will help ensure that legal requirements for SCOR's insurance companies writing program business are satisfied. ResponsibilitiesKey duties and responsibilities • Ensure that SCOR's insurance companies comply with internal requirements, and with state and federal laws and regulations. • Research the compliance implications of new products and enhancements. • Support the activities of collection of tax, surcharges and fees information for various States - liaising with the Program Business underwriters and operations team, and SCOR's Tax & Accounting department. • Monitor the validity of business licenses of our external Program Administrators. • Contribute to activities in response to states' data calls in coordination with SCOR Legal, Accounting and Claims. • Assist in preparation of data and reporting requirements documentation/templates used both internally and externally. • Work closely with the head of Compliance in documenting departmental policies and procedures to build a stronger departmental framework and retaining knowledge to adhere to Risk Management company policies and procedures. QualificationsRequired experience & competencies • Excellent oral and written communication skills • Strong interpersonal skills and team orientated approach • Willingness to be flexible and learn a variety of new skills quickly • Must be self-motivated, hardworking, analytical and proactive • Must be able to work well with individuals at all levels within the organization • Excellent verbal and written communication skills • Ability to work in a fast paced global and multi-cultural environment Required Education • In junior or senior year of an undergraduate degree program or completed first year of graduate studies • Exceptional academic performance (3.0 or higher GPA) Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.About Us As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying The Art & Science of Risk, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide. Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies. As an international company, our common culture is defined by The SCOR Way. Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.