About the role:We are seeking a forward-thinking and enthusiastic Compliance Specialist to assist the Insurance Compliance team with multiple regulatory compliance functions. This position will engage in a variety of regulatory and compliance projects and be the primary contact for company producer and adjuster licensing. This is an excellent opportunity for an organized and self-motivated individual who thrives in a fast-paced environment. The Compliance Specialist will be part of a highly collaborative Legal, Product and Compliance team whose contributions are crucial to the ambitious goals of this fast-growing company.
The base salary expectation for this role is between $120,000 and $140,000. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.
Responsibilities & Accountabilities:- Regulatory reporting functions for legal entities engaged in admitted and non-admitted insurance business, including assistance with the submission of timely and accurate regulatory reports to various state and federal agencies.
- Obtaining company adjuster licenses, processing license renewals, analysis of continuing education requirements and monitoring timely compliance. Maintaining centralized, organized, and accessible licensing records to demonstrate compliance.
- Processing of producer license applications, including new and renewal applications. Maintaining centralized, organized, and accessible records to demonstrate compliance.
- Processing time-sensitive insurer regulatory appointments for Vantage brokers. Maintenance, auditing, tracking and timely renewals and terminations of regulatory appointments.
- Assisting in the coordination of responses on regulatory matters such as complaints and inquiries as needed.
- Participating in a wide variety of Compliance projects and activities.
Ideal Candidate Profile:- Bachelor's degree or equivalent professional experience preferred.
- Property and Casualty insurance experience desired.
- At least 5 years of progressive knowledge and experience in insurance regulatory reporting (both admitted and surplus lines) required.
- Strong communication and organizational skills.
- Ability to process and adapt to change in a rapid growth company environment. Vantage associates are expected to be curious, thrifty, and resourceful to manage through the unknowns of growing a specialty (re)insurance business from the ground up.