Insurance Licensing Compliance Coordinator
$45k - $55kHUB International
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).
Key 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.
Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $45,000 - $55,000 and will be impacted by factors such as the successful candidate's skills, experience and working location, as well as the specific position's business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.
#SPG
Department Business Operations
Required Experience: 2-5 years of relevant experience
Required Travel: No Travel Required
Required Education: Associate degree (2-year degree)
HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.
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