Insurance Licensing Compliance Coordinator

Responsibilities

• Manage licensing activities and requirements for Specialty Program Group to ensure continuous compliance with all states.
• Manage and communicate changes in state regulatory requirements to impacted SPG employees.
• Perform regulatory research to determine requirements for new states, and/or new coverages as business verticals expand.
• Process new & renewal licensing applications for employees, business entities, managing general agencies, risk purchasing groups, third party administrators and other required licensed entities.
• Process required affiliation endorsements and changes for existing employees and newly acquired business partners.
• Communicate with employees regarding license application data requirements, continuing education, and regulatory inquiries to facilitate the licensing process.
• Monitor and maintain current producer licenses, affiliations, and appointment data in an internal database.
• Process new appointment requests and terminations for Specialty Program Group employees.
• Coordinate the appointment activities for third party brokers and carrier relationships as assigned.
• Manage annual compliance follow up activities to support contract requirements as assigned.
• Process surplus lines tax activities as assigned.
• Experience Requirement:
• Associate degree or equivalent combination of education and experience
• 2 years professional work experience
• Knowledge of insurance industry, licensing and contracting, appointment functions.
• Microsoft Office proficiency with an emphasis in Excel
• Strong project management analytical skills
• Must have exceptional attention to detail.
• Excellent communication and interpersonal skills
• Ability to prioritize and execute tasks independently in a fast-paced environment
• Work Location: This position is hybrid located in Berkeley Heights, NJ.
• #SPG
• Department Business Operations
• Required Experience: 2-5 years of relevant experience
• Required Travel: No Travel Required
• Required Education: Associate degree (2-year degree)
• E-Verify Program

Benefits

Additional Information

About Specialty Program Group: Specialty Program Group (SPG) is the wholesale & MGA division of HUB International (5th Largest Global Broker). SPG acts in a holding company capacity acquiring best in class underwriting businesses to operate independently under discrete brands (portfolio companies).

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