Regulatory and Compliance Analyst

Regulatory and Compliance Analyst

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

The Regulatory and Compliance Analyst will primarily be responsible for the regulatory and licensing compliance of the internal parties that support Starr's North American (re)insurance business.

Essential Job Functions

• Prepare and submit initial applications and renewal filings for insurance licenses (Producer, Adjuster, Surplus Lines Broker, Reinsurance Intermediary, Managing General Agent, and Third Party Administrator).
• Liaise with internal contacts and insurance regulators via email and phone.
• Coordinate timely licensing and regulatory solutions to support new business initiatives.
• Maintain up-to-date officer and director, contact information, and affiliation records.
• Manage, for compliance and best practice purposes, reference and regulatory filing materials.
• Understand and implement processes prescribed by various insurance regulators.
• Field licensing inquiries related to internal parties.
• Draft digital and hard copy correspondence.
• Request and reconcile payments to vendors and insurance regulators with an accounting department.
• Gather regulatory and licensing compliance information through research.
• Complete special projects and assignments as needed.
• Work within a team environment and build strong relationships with coworkers on the Producer Licensing Team, in the Legal Department, and throughout Starr.

Requirements

• Bachelor’s degree.
• 1-2 years of related law firm or in-house experience.
• Proficiency in Microsoft Office, especially Outlook and Excel.
• Ability to manage multiple tasks and prioritize deadlines.
• Strong organization, critical thinking, interpersonal, and writing skills.
• A dedicated approach towards the execution of assignments.
• Performance of tasks with a high level of accuracy and attention to detail.
• Ability to follow established workflows and guidelines.

Preferred Qualifications

• Paralegal certification.
• Insurance industry experience.
• Insurance licensing experience in multiple jurisdictions.

For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skillset, experience and training, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current range is $63,000-$73,000.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first-class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.