What are the responsibilities and job description for the Regulatory Compliance Coordinator position at Berkley?
Company Details
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 $12 billion.Today, the Berkley brand comprises more than 60 businesses worldwide and is organized into two divisions: Insurance and Reinsurance & 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.
The Company is an equal employment opportunity employer.
Responsibilities
The Regulatory Compliance Coordinator facilitates delivery of core services provided by the E&S Compliance Team of W.R. Berkley Corporation. Reporting to the Manager of the E&S Compliance Team, the Regulatory Compliance Coordinator processes the intake of key communications concerning the businesses served. The Regulatory Compliance Coordinator may also support or document compliance by the businesses served by the Group Compliance Team.
The Regulatory Compliance Coordinator will perform the following responsibilities:
• Appointments/Licensing - Assists with tracking continuing education credits and updating spreadsheets, as needed. Participates in agency licensing project from an administrative standpoint. • Maintain Department calendars in Teams.• System Updates – Primarily responsible for testing system upgrades to BPMI to ensure updates have processed successfully to production site. Assist with suggesting updates to system, as needed. • Consumer Complaints – Assist with administration and filing of responses to various states. Assist with document production and organization of file materials to be included with responses. • Mail Distribution & Telephone – Primarily responsible for processing all physical mail, and answering phone calls, Monday-Friday from 8:00 a.m. – 4:00 p.m., MST. Responding to voicemails received into the department line. • Economic Sanctions/OFAC –Primarily responsible for processing all OFAC reviews received into Lexis Nexis Bridger system for all companies that are incorporated into Excess and Surplus Group Compliance Team. Process manual OFAC alerts, as needed. • Medicare – Assist with processing spreadsheets, as needed and requested. • Other duties, as assigned
Qualifications
• Minimum one year of experience in insurance or a related business.• Insurance coursework is preferred.• Legal assistant training is desirable.• Copying, scanning, filing and coordinating mailings.• Proficient in Microsoft suite of products: Word; Excel; Outlook; Teams. • Good organization skills and a strong attention to detail.• Must have analytical skills. • Must be able to work independently after receiving training. • Must be able to work hours needed, (Monday-Friday, 8:00 a.m. – 4:00 p.m., MST)• Must be able to pre-schedule time off.
Education & Training Requirements:
• High school diploma or general education degree (GED) is required.