Summit, NJ, USA
12 days ago
Compliance Coordinator

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 entity, managing general agencies, risk purchasing groups, carriers, and other required license 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 license, affiliations, and appointment data in an internal database.

Process new appointment requests and terminations for Specialty Program Group employees.

Coordinate the contracting and appointment activities for third party brokers and carrier relationships.

Manage annual compliance follow up activities to support contract requirements.

Required Experience

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.

#SPG

Department Business Operations

Required Experience: 1-2 years of relevant experience

Required Travel: No Travel Required

Required Education: Associate degree (2-year degree)

HUB International Limited is an equal opportunity and affirmative action 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. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .

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