Associate Compliance Specialist - Producer Administration
Associate Compliance Specialist - Producer Administration
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Job Description
WCF Insurance legal department has an immediate opening for someone who can demonstrate the WCF values to join their team as an Associate Compliance Specialist - Producer Administration. This is an exempt position reporting to the Director of Compliance. The person in this position plays a key part in supporting regulatory integrity of WCFs agency operations and relationships. The position is responsible for managing agency administration and ensuring accurate up-to-date agency data across WCFs internal systems. It also provides critical support to the Director and the compliance team on other regulatory compliance matters contributing to the organizations commitment to high standards of operational excellence and regulatory adherence. This position is required to work in our Sandy Office location.
Qualifications
- Bachelors degree or equivalent work experience.
- Two years of insurance or regulatory experience preferred.
- Good research skills analysis skills and problem-solving skills.
- Good communication interpersonal and organizational skills.
- Ability to work independently.
ESSENTIAL JOB FUNCTIONS
- Maintain and update agency records in internal systems.
- Process agency onboarding mergers acquisitions and name changes.
- Manage agency contracts and documentation.
- Facilitate communication across internal departments and with agencies to ensure timely and accurate updates.
- Track and verify annual agency E&O coverage.
- Process regulatory filing invoices and process agency payments.
- Monitor and ensure full compliance with producer licensing and appointment requirements.
- Support compliance team with administrative tasks and data maintenance.
- Prepare and submit agency-related compliance documentation and regulatory filings.
- Maintain agency compliance files and reference materials.
ACCOUNTABILITY & REQUIREMENTS
- Maintain accurate agency and other compliance information in the companys systems.
- Accurately and timely process agency-related updates contracts/commission schedules etc.
- Demonstrate professionalism accuracy teamwork dependability and confidentiality regarding work for all contacts and customers.
- Make decisions that are appropriate for the situation and that reflect well on the company.
VALUES
The person in this position must demonstrate the WCF values of doing the right thing being great at your job and helping others succeed to fulfill the companys mission of excellence.
BENEFITS
WCF Insurance offers an extensive compensation package. Benefits include Medical Dental and Vision insurance company paid life insurance 401K with a generous 6% employer match and additional benefits such as an Employee Assistance Program (EAP) and time off to volunteer in the local community. All employees earn 4 weeks of vacation their first year. Expected salary for this position is $depending on experience and education.
Internal candidates should have acceptable job performance 6 months in their current position and must notify their current supervisor that they have applied for the position.
OUR PEOPLE
WCF strives to provide an excellent work experience and cultivate an inclusive environment where anyone who embodies our values will thrive
WCF INSURANCE IS AN EQUAL OPPORTUNITY EMPLOYER
WCF Insurance provides equal employment opportunity to all qualified applicants and employees regardless of race color religion sex age national origin veteran status disability that can be reasonably accommodated or any other basis prohibited by federal state or local law.
Required Experience:
IC
Employment Type
Full-Time
