Job Description

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

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