Producer Compliance & Licensing Analyst I

Company:

Want to work for a company with unparalleled financial strength and stability that offers "large company" benefits with an exciting, friendly, and "small company" atmosphere? Our companies, as members of the Berkshire Hathaway group of Insurance Companies, provides opportunities for professionals interested in just that.

The Producer Compliance & Licensing Analyst supports the Agency Compliance unit by participating in, answering questions, and instructing others regarding surplus lines filings for Company Owned Agencies, onboarding and maintenance of National Indemnity Company and Berkshire Hathaway Homestate Companies appointed agencies, and producer licensing activities for all NICO Group Companies, Divisional and Company Owned Agencies.

This position will be with National Indemnity Company in Omaha NE and after a time of on site training can by hybrid up to 50%. This position IS NOT ELIGIBLE for employer visa sponsorship.

What will you do?

• Participates in and instruct others on the onboarding and maintenance of National Indemnity Company and Berkshire Hathaway Homestate Companies appointed agencies.
• Answers questions and assists in obtaining monthly, quarterly and year-end surplus lines written premium detail from Company Owned Agencies. Reviews, makes necessary corrections, calculates and verifies appropriate tax due, authorizes tax payments within authority or requests approval of tax payments from management and submits reports and payments to applicable insurance departments within specific deadlines. Responsible for maintaining permanent records of such filings and reports.
• Research insurance laws/regulations on a variety of surplus lines, company licensing, producer appointment and licensing, and related topics.
• Drafts new Agency Agreements, Limited Agency Agreements, and applicable amendments for signature by authorized parties.
• Participates in and instructs others on the preparation of new and renewal producer license applications and supporting documents for Company, Divisional and Company Owned Agency licensed producers, in accordance with state insurance department requirements.
• Reviews new and renewal policies for proper producer licensing and initiates appointments as appropriate. Communicates with producers concerning state authority issues, including relevant licensing and appointment law requirements.
• Reviews agencies' year-end surplus lines premium reports for accuracy and requests necessary corrections. Verifies accuracy of policy premium and confirms payment of appropriate state taxes.
• Corresponds with agencies to request updated financial information, E&O renewal policy documentation, and other reports as needed by management.
• Exhibits and promotes a positive team culture includes but not limited to accepting constructive feedback, being respectful of others, being helpful to coworkers, volunteering to assist with projects, etc.
• Performs related duties as directed or as situation dictates such as participating in other activities, projects, and initiatives as required.

What are we looking for?

• Bachelor's degree in related field.
• One or more years work experience.
• Knowledge on use of personal computer and related word processing, spreadsheet, and database software
• Skills with business math
• Ability to use Alpha/numeric filing
• Good Recordkeeping
• Specific knowledge of certain company procedures and practices preferred
• Knowledge in surplus lines laws and requirements preferred.
• Knowledge of State laws and regulations on license and appointment requirements preferred.
• Insurance and legal terminology preferred.

Required Skills and Abilities

• Proofreading
• Excellent verbal and written communication with all levels of the organization and with Agents
• Excellent grammar, punctuation, and spelling
• Personal computer and related software such as Word, Excel, and Access
• Calculator
• Work with detail with accuracy
• Read/comprehend insurance department directives and bulletins
• Read/comprehend/document and carry out written and verbal instructions
• Review records for accuracy, completeness, and adherence to guidelines
• Work independently
• Maintain strict confidentiality
• Meet deadlines
• Handle multiple tasks at any one given time

We want you to be involved! We offer Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development. We also regularly seek employees input through companywide surveys.

We care about your health and wellbeing! Our Wellness program is integrated into the Company culture with an online wellness portal that offers a year-round, one-stop-shop to manage and track all areas of health, our Omaha office boasts a complimentary state-of-the-art onsite fitness center, and a robust wellness program.

Benefits, Perks and more! We offer retirement and savings plan with immediate enrollment with 100% employer match up to 5%, Medical, Dental and Vision for regular, full-time employees and eligible dependents, a dedicated Learning & Development program for employees to grow personally and professionally, 100% upfront Educational Reimbursement program, subsidized downtown parking, competitive time off policies including parental leave, an Employee Assistance program and much more!