Insurance Regulation Summer Internship 2024-(Remote or Hybrid) at Globe Life Inc. in McKinney, Texas

Job Description:

Job Description:



Insurance Regulation Summer Internship 2024-(Remote or Hybrid)


Primary Duties & Responsibilities




Insurance Regulation Internship - Summer 2024


Are you ready for an exciting internship with Globe Life located in McKinney, TX?

We proudly provide life insurance coverage to over 4 million policyholders. With over $80 billion of insurance in force. Globe Life is committed to providing secure life insurance protection to their policyholders today and in the future.

Globe Life's internship program offers a diverse opportunity to work in a specific department gaining hands-on experience as well as working on much larger team projects throughout the organization with exposure to senior management and mentors. This rigorous program ensures the opportunity for students to enhance new skills, obtain real-world experience, gain specific field-related exposure, and make important connections for the future.


Please click the link to view our 2023 Interns experience. Click Here


The Legal Department's Insurance Regulation team is responsible for drafting and filing insurance policy forms and advertising that are in compliance with nationwide laws and regulations.



Job Description and Responsibilities:

• Conduct 50-state research on laws applicable to the Company's insurance products.
• Research statutory and regulatory requirements.
• Review regulatory change notifications received from third-party vendor, state insurance department(s), industry sources, etc.
• Develop a spreadsheet/method that summarizes research for ease of use by team members.
• Ability and willingness to perform clerical functions as needed.
• Work on different projects within the department as well as team projects.

Required Skills

• Strong legal research and writing skills.
• Demonstrate strong interpersonal and communication skills, effective teamwork, attention to detail, and the ability to quickly assess problems and find workable solutions.
• Ability to prioritize multiple deadlines.
• Positive attitude and inquisitive nature.
• Accuracy and attention to detail; strong proofing and analytical skills.
• Must have strong MS Excel skills and be proficient in all other MS Office applications.
• Reliable and predictable attendance of your assigned shift.

Activities:

• Assigned Group Projects
• Special assigned projects by group leaders
• Lunch with CEO's
• Intern Mixer (Dallas Regional Chamber)
• Texas Rangers (Globe Life Suite)

Required Knowledge & Experience

• Completion of at least 1 year of study in a juris doctor degree program at an accredited law school
• Minimum 3.0 GPA (Official Transcript May be Requested)
• Have the ability to work 40 hours per week June 3, 2024 - July 26, 2024.
• U.S. citizen or legal resident.

Location: 3700 S. Stonebridge Dr., McKinney, Texas

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Our Benefits


Savings and Investment Plan (401K) - Eligible employees may begin participating in the plan on the first day of employment.


Pension Plan - Eligible employees who complete one year of service with the Company become participants in the Pension.* (Not available to Cleveland Employees)


Medical - Benefits are available to all eligible employees and qualified dependents the first of the month following 30 days of continuous service.


Dental** and Vision - Eligible employees and qualified dependents are able to enroll the first of the month following 30 days of continuous service.


Flexible Spending Accounts (FSA) - Our FSA has two components, Health Care and Dependent Care Accounts. These accounts allow employees to set aside a portion of their earnings on a pre-tax basis to cover out-of-pocket medical and dependent care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service.


Health Savings Accounts (HSA) - A pre-tax Health Spending Account (HSA) is offered to those who enroll in the High Deductible Plan. It allows you to pay for health care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service. Company contributes to HSA.


Short-Term Disability - Eligible employees may be entitled to salary continuance during periods of temporary disability. Benefits are based on employee status and years of service.*


Group Life and Long-Term Disability** - Eligible employees may elect life insurance and long-term disability coverage the first of the month following 30 days of continuous service.


Vacation and Paid Holidays - Employees are eligible for vacation upon the completion of six months of employment. In addition, the Company offers eight paid holidays.


Education Assistance - The Company supports employees who wish to continue their education to secure increased responsibility and growth within their professional careers. We offer a reimbursement program for expenses incurred through approved institutions of learning. In addition, Fellow, Life Management Institute (FLMI) and International Claim Association (ICA) program courses are offered after the completion of six months of services at no cost to the employee.


Fitness Reimbursement - Eligible employees are able to receive up to 100% reimbursement for monthly dues (employee only).


Supplemental Plans** - Cancer, Heart/Stroke, Accident.

*Please note, some benefits may vary by subsidiary. Please be sure to clarify with the Human Resources Department. **Company paid benefit


FAQ


Do I have to apply for every job that I am interested in? - Yes. Though our Talent Acquisition Team searches our database for qualified candidates, the only way to ensure that we know what position is of interest to you is if you apply for it directly.


Now that I've applied, what happens? - You will receive an immediate response from our system. Someone from our Talent Acquisition Team will review your qualifications and skills. If you're a good fit, we'll contact you to conduct an initial interview by phone, followed by assessment testing and an in person interview(s).


How do I get the contact information of the hiring manager for the job I am interested in? - It is our policy not to give contact information to external applicants. If, after you apply, it is determined that your skills and qualifications match our hiring needs, you will be contacted directly for an interview by someone on our Talent Acquisition Team.


I've been interviewed, what's next? - If selected, we'll extend a conditional offer. Then, pending a successful background check and drug screen, we'll confirm a start date.



The Whole Globe


Not only is it in our name, it's in our hearts. Our Company thrives off of diversity and has created a culture focused on inclusivity. These two components are the pillars of our foundation and the guiding principles that build our employees and leaders.



No Ceiling


The insurance industry may be traditional, but Globe Life has been, is, and always will be dedicated to building an inclusive, sustainable, and inspiring environment that does not have a ceiling on growth.


Globe Life Inc. is committed to helping families make tomorrow better. That's why more people choose life insurance from Globe Life than any other insurance provider, according to S&P Global Market Intelligence. A.M. Best Company, an independent insurance analyst since 1899, awarded Globe Life an A (Excellent) rating (as of 8/23) based on their latest analysis of financial strength, management skills and integrity. For the latest rating, access www.ambest.com.


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