Insurance License and Compliance Specialist

Career Opportunity

Under the direction of the VP, Corporate Operations, the primary purpose of this position is to ensure all licensing and compliance requirements of the company and its employees are addressed in a time-sensitive manner, in accordance with regulatory requirements. The Licensing and Compliance Specialist is responsible for managing the company’s licensing and compliance policies, procedures, reporting and providing support to Brokers from initiating new licenses, renewing insurance licenses, ensuring all Insurance licensing and compliance guidelines are followed.

Key Responsibilities:

Responsible for ensuring our brokerages and brokers are in compliance with provincial and territory licensing requirements at all times, established policies and procedures, and compliance guidelines are followed.

Liaise with employees regarding their individual license status, researching information and answering questions.

Establish automated reporting routines and maintain licensing and compliance information management systems with current information.

Manage licensing administration, support brokers with the procedures for new licenses, annual renewals and continuing education requirements and resources.

Identify, report and resolve licensing issues.

Review licensing-related expenses and disbursements

Develop and maintain current information in the company’s licensing guides.

Perform routine data entry and other office support activities including creating, sorting, photocopying, distributing, and filing documents according to an established system.

Stay apprised of licensing and insurance compliance rules and regulations, assessing against company practices and put forth recommendations.

Develop new hire onboarding compliance procedures.

Manage licensing administration, support brokers with the procedures for new licenses, annual renewals and continuing education requirements and resources.

Identify, report and resolve licensing issues.

Review licensing-related expenses and disbursements

Develop and maintain current information in the company’s licensing guides.

Perform routine data entry and other office support activities including creating, sorting, photocopying, distributing, and filing documents according to an established system.

Stay apprised of licensing and insurance compliance rules and regulations, assessing against company practices and put forth recommendations.

Develop new hire onboarding compliance procedures.

Support the company’s mandate to ensure full compliance in assigned areas, overseeing the policy, procedure, audit requirements and employee communication.

Maintain records of regulatory and other activity regarding Company Trademarks, Copyrights and other intellectual property, and liaising with regulators and outside advisors to ensure appropriate maintenance and protection of the Company’s rights.

Provide additional HR and Administrative support for the Corporate Operations team.

Qualification and Skills:

  • Insurance industry or regulatory experience desired.
  • Evidence of life-long learner and avid reader.
  • Advanced knowledge of software systems including but not limited to MS Office products, Adobe Acrobat Sharepoint specifically and ability to manage content in an intranet.
  • Ability to handle simultaneous projects in a Project Management environment.
  • Adhere to timelines and deadlines as mandated by the business.
  • Demonstrated ability to work with complex information which requires disciplined organization and attention to detail.
  • Professional written and oral communication skills.
  • Must be self-motivated, proactive and self-driven.
  • Resourceful.
  • Professional, positive, team-spirited attitude.

Education and Work Experience:

  • Post-Secondary Education in Business Law or Business Administration preferred, or related career experience and education.
  • 1-3 Years in insurance or legal industry, preferred.

Apply now