Licensing & Regulatory Specialist

Licensing & Regulatory Specialist Overview

• The Licensing & Regulatory Specialist will oversee compliance and licensing processes within the insurance industry, ensuring adherence to regulatory standards.
• Collaborate with internal teams and external regulators to maintain licensing and compliance for business entities.
• Prepare and submit applications and renewals for various insurance licenses, including surplus lines and reinsurance intermediary licenses.
• Manage officer and director records, ensuring accuracy and compliance with regulatory requirements.
• Research and implement processes prescribed by insurance regulators to support business initiatives.
• Handle inquiries related to licensing and compliance, providing timely and accurate solutions.
• Coordinate payments to vendors and regulators, reconciling transactions with the accounting department.
• Contribute to special projects and assignments, ensuring high-quality execution and results.
• Work in a collaborative team environment, building strong relationships across departments.

Licensing & Regulatory Specialist Key Responsibilities & Duties

• Prepare and submit initial applications and renewals for various business entity licenses.
• Liaise with internal contacts and insurance regulators to ensure compliance and timely solutions.
• Maintain accurate officer, director, and affiliation records for regulatory purposes.
• Manage reference and regulatory filing materials for compliance and best practices.
• Research licensing and compliance information to support business initiatives.
• Draft correspondence and handle inquiries related to licensing and regulatory matters.
• Coordinate payments and reconcile transactions with the accounting department.
• Complete special projects and assignments as needed to support the team.
• Collaborate with team members to ensure effective execution of responsibilities.

Licensing & Regulatory Specialist Job Requirements

• Bachelor’s degree in a relevant field is required.
• Minimum of 2 years of experience in a related law firm or in-house role.
• Proficiency in Microsoft Office, particularly Outlook and Excel.
• Strong organizational and writing skills with attention to detail.
• Ability to manage multiple tasks and prioritize deadlines effectively.
• Preferred qualifications include paralegal certification and insurance industry experience.
• Experience with property and casualty insurance licensing across multiple jurisdictions is advantageous.
• Strong interpersonal and critical thinking skills to navigate complex regulatory requirements.
• Dedicated approach to assignments with a high level of accuracy and compliance.