Insurance Compliance Intern

Key Responsibilities

1. COI Review & Compliance

• Review tenant and vendor COIs for compliance with lease agreements and contracts 
• Verify:  
  • Proper named insureds and additional insured endorsements 
  • Coverage types (GL, umbrella, workers comp, property, etc.) 
  • Policy limits and deductibles 
  • Effective and expiration dates 
• Identify deficiencies and follow up for corrections

2. Insurance Tracking & Administration

• Maintain COI tracking systems (e.g., Excel, MRI, Yardi, or risk platforms) 
• Monitor expirations and proactively request renewals 
• Maintain accurate documentation and audit trails
• Interpret lease clauses related to insurance requirements 
• Work closely with legal/asset management to clarify ambiguous language 
• Ensure requirements align with lender or ownership standards

3. Risk Management Support

• Support incident/claim documentation when needed 
• Coordinate with brokers and insurance carriers

4. Cross-Functional Coordination

• Partner with: 
  • Property management teams 
  • Asset managers 
  • Legal and finance departments 
• Support due diligence during acquisitions/dispositions

5. Additional Responsibilities (often included)

• Review service/vendor contracts for insurance requirements 
• Assist with annual insurance audits 
• Support lender compliance reporting