Regulatory Intern

Job Title: Regulatory Intern

Division: Compliance

Reports To: Regulatory Counsel

Key Relationships: Compliance and any other functions, business units, state insurance department personnel as may be required

Job Summary: Provides legal and regulatory support to Compliance

Key Responsibilities

• Research and analyse laws, regulations and sub-regulatory materials and communicate findings orally and in writing
• Research, analyse and help draft responses to state questions
• Engage in legal and regulatory research projects and coordinate internal compliance resources and any other functions for the execution of projects and other assignments as determined by the manager
• Assist in developing and implementing various measures necessary for compliance throughout the organization, including drafting bulletins
• Assist in responding to insured and regulator complaints
• Help build compliance databases, resources, FAQs and other tools

General

It is important that within all your interactions both internally and externally you adhere to Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We expect you to:

• Comply with Beazley procedures, policies and regulations including the code of conduct.
• Undertake training on Beazley policies and procedures as delivered by your line manager, the talent management or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
• Display business ethics that uphold the interests of all our customers.
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, talent management or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley's underwriting control standards, Beazley's claims control standards, other Beazley standards and customer relationship management.
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system.

Personal Specification:

Education and Qualifications

• Juris Doctor candidate with a focus on insurance

Skills and Abilities

• Excellent oral and written communication skills
• Strong legal research skills, with a focus on insurance regulatory research
• Ability to determine, understand and analyse legal/regulatory requirements and their impact on insurance contracts and business practices and plans, develop solutions
• Attention to detail, strong organizational skills and ability to work on multiple tasks
• Ability to interact and work collaboratively and constructively with various people at various levels within and outside the organization
• Ability to appreciate the importance of, track, and meet deadlines
• Professional, responsible and responsive approach to role and functions
• Computer skills - good working knowledge of MS Office

Knowledge and Experience

• Experience with property and casualty insurance
• Knowledgeable with Westlaw and Microsoft Office applications
• Understanding of the need for accuracy and time management

Aptitude and Disposition

• Task focused
• Positive
• Enthusiastic
• Self-motivated

Competencies

• Team working
• Detail oriented
• Effective communicator

Who We Are:

Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.

Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.

Our Culture

We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.

• Be bold
• Strive for better
• Do the right thing

Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & diversity and sustainability targets are testament to this.

We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.

Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include:

• Beazley RACE - Including, understanding and celebrating People of Colour
• Beazley SHE - Successful, High potential, Empowered women in insurance
• Beazley Proud - Our global LGBTQ+ community
• Beazley Wellbeing - Supporting employees with their mental wellbeing
• Beazley Families - Supporting families and parents-to-be

We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:

• Internal Pathways (helping you grow into an underwriting role)
• iLearn (our own learning & development platform)
• LinkedIn Learning
• Mentorship program
• External qualification sponsorship
• Continuing education and tuition reimbursement
• Secondment assignments

The expected compensation range for this position is $25 an hour.

Don't meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.

We are an equal opportunities employer and as such, we will make reasonable adjustments to our selection process for candidates that indicate that, owing to disability, our arrangements might otherwise disadvantage them. If you have a disability, including dyslexia or other non-visible ones, which you believe may affect your performance in selection, please advise us in good time and we'll make reasonable adjustments to our processes for you.