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W. R. Berkley Corporation

Agency Compliance Analyst

W. R. Berkley Corporation, Scottsdale, Arizona, us, 85261

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Agency Compliance Analyst

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Agency Compliance Analyst

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W. R. Berkley Corporation

Company Details "Our Company provides a state of predictability which allows brokers and agents to act with confidence."

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion. Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

Responsibilities The Company is an equal employment opportunity employer.

The

Agency Compliance Analyst

is responsible for independently performing core regulatory compliance services in a timely and efficient manner for the Agency Compliance Team of W.R. Berkley Corporation. Reporting to the Manager of the Agency Compliance Team, the Agency Compliance Analyst completes various agency requests including responding to inquiries, handling agency/producer appointments, terminations, and other agency related requirements as needed to the businesses served. This requires adherence to state requirements and any changes, strong knowledge of the products/services, and handling state renewal appointments, all with thoroughness, professionalism, accuracy and as identified for best practices to meet the needs of the business.

The Agency Compliance Analyst Will Perform The Following Responsibilities

Responsible for independently performing agency/producer requests, researching agency inquiries and communicating with both internal/external customers

Manage onboarding process of new agencies, new producers, and any renewal requirements as identified, including the agency contract issuance process

Review/research any state changes related to the appointment/termination process and identify potential impacts to the process and/or resources (advanced knowledge of the tools); may interact with the vendor

Monitors state invoices for renewal appointments, submits payments adhering to the state due dates & Berkley requirements, and completes calculation process for allocations

Assist with company appointments for approved producers utilizing state specific requirements through the applicable systems and maintaining all proper documentation per requirements

Communication to agency confirming actions via telephone, written and/or electronic communication and responding to agency inquiries

Prepare and maintain all proper documentation according to state requirements and company procedures

Complete all required data input to data sources as identified and confirm validation with both interfaces and vendor database

Annual maintenance and follow up of required agency documentation, i.e., agency profiles, proof of E & O, licenses, etc.

Adherence to state requirements, accurate processing of requests, and timeliness of responses per guidelines

Some travel is required throughout the year to attend team meetings, and meet with internal customers for special project work

Other duties as assigned

Qualifications

Minimum 1-3 years insurance-related experience

Prior legal or regulatory compliance experience preferred

Ability to effectively prioritize and manage multiple assignments/projects independently

Must be able to proficiently use Microsoft suite of products: Word; Excel; Outlook; Teams

Knowledge of Compliance research tools, Vertafore products or similar producer services required

Must have good organization skills and a strong attention to detail

Must have strong analytical skills

Communicate effectively with all levels of the organization and external customers

Willingness to learn, show flexibility in work environment, and maintain professionalism

Consistently demonstrate commitment to company values and guiding principles

Education Requirement

Associates Degree preferred

High school diploma or general education degree (GED) is required

Sponsorship Details Sponsorship not Offered for this Role

Seniority level

Associate

Employment type

Full-time

Job function

Legal

Industries

Financial Services and Insurance

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