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Description

This role will be part of the Producer Compliance team responsible for end to end handling of the onboarding of insurance producer business partners (insurance brokers and agents) to ensure compliance with internal policies and practices as well as applicable regulatory requirements. The Analyst will work under the direction of the Producer Compliance Manager.

Responsibilities:

1. Collecting and reviewing due diligence materials and other documents and information necessary for onboarding new producer partners.
2. Processing Notice of Appointment and Termination of Appointment filings with applicable state insurance regulators.
3. Maintaining insurance producer records, contracts, broker codes, and related database systems and physical files.
4. Processing invoices for all new and renewal insurance producer appointments and subscriptions to related service providers; assisting finance and tax departments with reporting and allocations of appointment-related fees and costs.
5. Working with lawyers in the Company's legal department to prepare insurance producer contracts and address legal/regulatory matters pertaining to insurance producers (e.g., licensing, appointments).
6. Monitoring industry best practices and legal and regulatory changes affecting producer licensing and appointments.
7. Assisting with other insurance licensing requirements.
8. Managing multiple workstreams and ensuring projects are prioritized as necessary to ensure they are completed on a timely basis, promoting a positive relationship with the Company’s insurance producers.
9. Monitoring the status of pending requests and ensuring that requests are timely followed up with internal stakeholders and external business partners to ensure deadlines and requirements are met.
10. Helping investigate open issues and collaborating with team members and other departments to find a resolution.
11. Serving as the company’s key subject matter expert on the insurance producer management software systems and other technology tools (e.g., Sircon Producer Manager, Excel, CRM applications) utilized to manage appointments and related data.
12. Assisting in onboarding new business units and developing or adjusting processes and procedures as appropriate.
13. Demonstrating commitment to the Company’s Code of Business Conduct and Ethics, and applying knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.

Qualifications:

1. Associates Degree or experience with insurance producer compliance is a minimum requirement.
2. Experience in a compliance role within an insurance or other financial services business is beneficial.
3. Experience with insurance producer licensing and appointments, state insurance laws, or insurance broker and agency operations generally, is a plus.

The position can be in-office, hybrid, or remote.