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Commercial Flood Insurance Intern

Rockland Trust
United States, Massachusetts, Brockton
120 Liberty Street (Show on map)
Dec 21, 2024

Being an intern is an incredible opportunity to gain real-life work experience, build professional skills and establish connections. Rockland Trust feels that internships should include meaningful work. As a valued team member, interns are immersed in real projects that make a tangible impact, allowing them to apply their academic knowledge while developing critical professional skills. With the chance to collaborate across departments, interns at Rockland Trust can expand their network and gain valuable insights into their chosen field. Additionally, Rockland Trust fosters a supportive and caring culture encouraging interns to grow and find their path. We have witnessed many stories of interns building long-lasting careers at the Bank.

Are you looking to gain valuable experience in the world of commercial lending and regulatory compliance? As a Commercial Flood Insurance Intern, you will play a key role in supporting our team by helping ensure that our commercial loans meet flood insurance requirements. This is an exciting opportunity to learn the ins and outs of flood insurance regulations, collaborate with various departments, and make a meaningful impact on the bank's compliance efforts.

PRIMARY RESPONSIBILITIES include the following, with the potential for additional tasks:



  • Stay up to date on the latest consumer protection compliance regulations, particularly related to flood insurance.
  • Assist in verifying flood insurance adequacy for loans secured by properties in Special Flood Hazard Areas (SFHAs) before closing.
  • Help create, update, and maintain tracking documentation for flood insurance on commercial loans secured by personal property.
  • Work closely with various bank teams to ensure that flood insurance is properly obtained and maintained for the duration of the loan.
  • Assist in preparing reports to monitor flood insurance compliance and share updates with management.
  • Collaborate with internal teams to resolve any issues or discrepancies related to flood insurance coverage, ensuring accuracy and timeliness.


QUALIFICATIONS:



  • Interest or experience in regulatory compliance, financial services, or commercial lending.
  • Strong familiarity with the Microsoft Office Suite (Excel, Word, PowerPoint).
  • Ability to learn and apply complex laws and regulations related to flood insurance.
  • Detail-oriented with strong organizational and communication skills.
  • Rising Junior or Senior preferred.


This internship offers a unique opportunity to gain hands-on experience in flood insurance compliance while building valuable skills that will serve you throughout your career in financial services and beyond.

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.



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