Licensing and Compliance Analyst
Licensing and Compliance Analyst
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Company Details
W. R. Berkley Corporation founded in 1967 is one of the nations premier commercial lines property casualty insurance providers. Founded in 2004 Berkley Environmental has underwriting and account executive units in seven regions. Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and nonadmitted basis. We provide a comprehensive portfolio of commercial property casualty insurance automobile liability and workers compensation along with claim services providing expertise to meet the unique business needs of our customers.
Company URL:https://berkleyenvironmental/
The company is an equal opportunity employer.
Responsibilities
The Licensing and Compliance Analyst is responsible for ensuring that the company adheres to relevant licensing requirements and compliance regulations. This role involves monitoring analyzing and reporting on compliance activities as well as maintaining uptodate knowledge of industry regulations and standards. It serves as support for broker appointments and works in collaboration with underwriting and other Berkley companies to ensure timely licensing broker onboarding refreshed agreement updates and other activities in order to make the business process more efficient.
Key functions include but are not limited to the following:
- Manage external/internal compliance risks with respect to producer appointments and terminations including conducting a producer licensing/appointment compliance audit of company processes developing corrective action plan as necessary and working with business units to implement any recommended change in procedures/processes.
- Manage Agency & Producer contracts including consolidating and/or revising contacts updating existing appointment forms including Agency Contract Forms Producer Profiles Broker Questionnaires etc.
- Coordinate Agency & Individual producer appointments renewals and terminations including collecting the necessary information from prospective producers to effect insurer appointment and compliance with regulatory requirements.
- Interact with internal customers to fully understand and anticipate their needs and to obtain information necessary to effect producer appointments and other regulatory requirements.
- Develop policies and procedures to integrate regulatory requirements into core business operations.
- Develop knowledge resources within other similar departments within WRBC group of companies.
- Assist in the monitoring and analysis of various legislative and regulatory developments that may impact company operations.
- Assist in the development of compliance tools and educate internal customers accordingly.
- Conduct legal research on various regulatory topics as requested.
Qualifications
- Business degree or equivalent work experience
- Five or more years of property and casualty insurance experience.
- Background in producer licensing/appointment process and administration of producer/agency contracts
- Demonstrated ability to collaborate and interact with internal clients at all levels of the organization.
- Demonstrated excellent written and verbal communication skills.
- Ability to research analyze and summarize new laws and regulations to ensure compliance with state requirements.
- Ability to make sound and proper decisions by drawing on professional expertise.
- Ability to perform multiple duties in a fastpaced environment prioritize and organize assigned tasks.
- Detailed oriented
- The Company is an equal employment opportunity employer.
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Required Experience:
IC
Employment Type
Unclear
