Producer Licensing Specialist

Producer Licensing Specialist Overview

• The Producer Licensing Specialist will manage licensing and regulatory compliance for individual licensees supporting insurance operations.
• Ensure timely application submissions and renewals for various individual licenses, including Producer, Surplus Lines Broker, and Reinsurance Intermediary.
• Collaborate with internal teams and insurance regulators to address licensing inquiries and compliance matters effectively.
• Maintain accurate contact information, affiliation records, and regulatory filing materials for compliance purposes.
• Conduct research to gather licensing and compliance information, ensuring adherence to regulatory guidelines.
• Draft correspondence and manage payments to vendors and regulators in coordination with the accounting department.
• Support new business initiatives by coordinating licensing and regulatory solutions promptly.
• Contribute to team efforts, handling multiple priorities and fostering strong relationships across departments.

Producer Licensing Specialist Key Responsibilities & Duties

• Prepare and submit initial applications and renewal filings for individual licenses, ensuring compliance with regulations.
• Communicate with insurance regulators and internal contacts to resolve licensing issues effectively.
• Maintain up-to-date records and regulatory filing materials for compliance and best practices.
• Research licensing and compliance information to support regulatory adherence and business needs.
• Draft correspondence and reconcile payments with vendors and regulators in collaboration with accounting.
• Implement processes prescribed by insurance regulators and address inquiries related to individual licensees.
• Contribute to special projects and assignments, ensuring high-quality execution and attention to detail.
• Build strong relationships within the licensing team, legal department, and other organizational units.

Producer Licensing Specialist Job Requirements

• Bachelor’s degree in a relevant field is required.
• 1-2 years of related experience in a law firm or in-house setting.
• Proficiency in Microsoft Office, especially Outlook and Excel.
• Strong organizational, critical thinking, interpersonal, and writing skills.
• Ability to manage multiple tasks, prioritize deadlines, and maintain accuracy.
• Preferred qualifications include paralegal certification and insurance industry experience.
• Experience with property & casualty insurance licensing across multiple jurisdictions is advantageous.
• Dedicated approach to task execution and adherence to established workflows.