Compliance & Product Services (CPS) Intern - 2020 Summer Internship Program - CR

  • Full-time
  • Verisk Business: Verisk Analytics
  • Hourly Rate - Max: Joe Izzo

Company Description

ISO, a Verisk business, has been a leading source of information about property/casualty insurance risk since 1971. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. To learn more about ISO please visit us at:  www.verisk.com/iso. We are proud to be a part of the Verisk family of companies!

With a history of impressive growth, an innovative culture, and offering industry-leading solutions, Verisk Analytics is an amazing place to work and make a difference. In 2018, Forbes magazine named Verisk to its World’s Best Employers list and, in 2017, to its World’s Most Innovative Companies list for the third consecutive year. We also earned the Great Place to Work® Certification for the third consecutive year in recognition of our outstanding workplace culture.

Verisk is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations integrated into customer workflows. We’ve been delivering predictive analytics and decision support solutions to our customers for nearly 50 years, helping them protect people, property, and financial assets. At Verisk, you’ll be part of an organization that’s committed to serving the long-term interests of our stakeholders, including the communities where we operate.

At Verisk, you can build an exciting career with meaningful work; create a positive and lasting impact on the business; and find the support, coaching, and training you need to advance your career. Our culture of innovation means your ideas on how to improve our business will be heard. As key contributors to our success, our team members enjoy working in a business-casual, collaborative environment that offers state-of-the-art resources, advanced technologies, and an excellent benefits package.

Job Description

At Verisk, you’ll be part of a culture that celebrates success, recognizes and rewards achievements and excellence, and provides personal and professional enrichment opportunities. Our 11-week program combines real work experience with professional development workshops, volunteer events, and opportunities to network and socialize with our current team and other interns. If you have an analytical mindset, a passion for innovation, and an interest in business, come join our paid 2020 summer internship program.

This intern will be part of our Insurance Services Office (ISO) business unit. 

As a Compliance & Product Services intern you will gain an understanding of our role in the insurance industry by learning how the Compliance & Product Services team supports the development and maintenance of ISO core products (forms and rules) to ensure that these products, used by our customers, are in compliance with statutory and regulatory requirements in 54 jurisdictions. 

 To accomplish these goals, the program will focus on:

  • Case law review, how regulatory requirements impact our core products (ISO forms and rules), and the filing process to get such changes approved by the state insurance departments for use for our customers.
  • Reviewing existing coverage provisions for multiple lines of business and understanding the history of some of ISO's court-tested language.
  • Meeting with internal stakeholders to understand how various business units work together to help with revisions to the ISO core products and deliver such products to our customers.
  • Partnerships with other interns to share what they are learning and to gain insight and exposure to other business units within Verisk.  
  • Our role in the insurance industry and the relationships with our customers.

Qualifications

  • Junior or Senior currently enrolled in college (Risk Management of Insurance major, with property/casualty interest, is a plus).
  • Strong writing, analytical and research abilities.
  • Ability to both work independently and collaborate in a team environment.
  • CPCU exam study is a plus.
  • Gamma Iota Sigma membership is a plus.

Additional Information

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

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