Description

*Note: this position is located in either our Wayzata, MN office or Downers Grove, IL office*

POSITION SUMMARY:

The Regulatory Product and Filing Specialist is responsible for maintaining and preparing filings for all lines of business as needed and communicating with Insurance Departments for regulatory issues.

RESPONSIBILITIES:

Prepare rate, rule & form filings as respects ongoing and new lines of business
Communicate with each State’s Department of Insurance regarding regulatory issues
Assist in underwriting compliance and filing issues involving company, rate and coverage form issues
Respond to work comp bureau questions and other inquiries
Prepare and file NAIC licensing applications for carriers and captives as needed
Manage bureau and state insurance department portal access for all agents and employees
Manage agent appointments for Benchmark
Act as primary SIU/Fraud reporting contact
Manage and update policy issuance system with rate and form changes
Communicate with internal reporting team regarding filing and reporting requirements
Train regulatory staff as needed
Ability to travel occasionally
Perform other activities, duties and assignments as needed or requested
Maintain consistent presence in the office

Requirements

QUALIFICATIONS:

Working knowledge of laws and regulations relevant to insurance licensing, TPA licensing, rate filings, and reporting.
Ability to define problems, collect and analyze data, establish facts, draw valid conclusions and recommend solutions
Knowledge of and demonstrated underwriting skills in the area of commercial insurance
Property and Casualty Producer licensure is highly desired
Ability to respond to problems and provide solutions in a dynamic environment.
Ability to present to external parties in a pleasant, professional manner and enhance the appeal and reputation of the organization as a knowledgeable and service-oriented organization
Computer skills including knowledge of Excel & Microsoft Office
Excellent oral and written communication skills
Ability to effectively manage deadlines independently and within a team environment
Bachelor’s degree preferred
3+ years’ experience in the insurance industry, specifically with regulatory analysis and reporting

Learn more about this Employer on their Career Site