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SPG - Specialty Program Group · 2 months ago

Insurance Licensing Compliance Coordinator

Berkeley Heights, NJ

Full-time

Hybrid

Entry, Mid Level

$45K/yr - $55K/yr

2+ years exp

Specialty Program Group (SPG) is the wholesale & MGA division of HUB International, one of the largest global brokers. They are seeking an Insurance Licensing Compliance Coordinator to manage licensing activities, ensure compliance with state regulations, and facilitate the licensing process for employees and partners.

FinanceImpact InvestingInsuranceMarketing

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

Qualification

Insurance industry knowledgeLicensingContractingProject management skillsMicrosoft Excel proficiencyPrioritize tasksAttention to detailCommunication skillsInterpersonal skills