What are the responsibilities and job description for the Licensing & Reporting Analyst II (Compliance) position at James River Management Company?
Come grow with James River Insurance!
James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.
At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of being recognized the past 5 years as one of The Top Workplaces USA.
James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.
Job Summary:
The Licensing & Reporting Analyst II will be responsible for all annual and quarterly regulatory filings for surplus lines and admitted entities.
Duties and Responsibilities:
- Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
- Determine state specific requirements for company financial, claims, and underwriting reporting requirements for review
- Work collaboratively with Accounting, Claims, IT, and Underwriting to develop or extract necessary data for reporting and build solid working relationships.
- Prepare reports or notify appropriate reporting area in a timely manner to ensure due dates are met
- Properly document files with all filing submissions and confirmations
- Update and maintain the regulatory filing and reporting dashboard
- Prepare applications and other necessary documentation in a timely manner to ensure due dates are met
- Monitor new and/or changes to regulatory requirements
Knowledge, Skills and Abilities:
- Solid experience with submitting annual and quarterly financial and licensing filings for surplus lines and admitted insurers (i.e. Certificate of Authority and surplus lines eligibility renewals, IEE, MD&A, CPA Audit Report)
- Must be disciplined to do what it takes to meet hard regulatory deadlines set by insurance departments
- Ability to follow written and verbal instruction
- Ability to manage multiple tasks and projects effectively with minimal oversight
- Excellent written, verbal and customer service skills included ability to document files
- Active listening skills
- Ability to exercise sound judgement in making critical decisions
- Ability to convey technical process information in a clear and concise manner
- Attention to detail
- Excellent organizational skills
- Research, analysis and problem-solving skills
- Ability to build effective relationships with business partners
- Ability to perform effectively as part of a team
- Ability to take initiative and work independently
- Ability to research and communicate filing and reporting changes
- Ability to multi-task in a high-paced environment
- Proficiency in Microsoft Office (Word, Excel, and Outlook) and internet research to include insurance law
Experience and Education:
- Bachelor's degree or equivalent work experience
- Minimum of 3 years of insurance industry experience required
- Minimum of 3 years of regulatory filings and reporting/licensing experience preferred
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Please note that this position is not eligible for H-1B visa sponsorship. All applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future H-1B sponsorship.