Surplus Lines Designated Licensed Producer

Responsibilities

• Provide oversight of surplus lines licensing compliance and regulatory adherence.
• Ensure that surplus lines transactions are conducted in accordance with applicable state laws, licensing obligations and internal control standards.
• Advise business stakeholders and maintain the compliance framework.
• Oversee processes related to affidavits and disclosures, premium tax reporting and remittance, stamping office submissions, broker responsible forms and policy documentation and record retention.
• Monitor regulatory bulletins and assess operational impact.
• Partner with Legal and Compliance to maintain and enhance controls supporting surplus lines activities.
• Maintain filing calendars and coordinate responses to routine DOI inquiries.
• Track state premium tax requirements, coordinate with Finance for payments, and monitor state filing deadlines.
• Support internal and external audits, regulatory exams and inquiries from state departments of insurance.
• Contribute to governance forums and provide metrics to key stakeholders.

• 8+ years business experience, preferably with general insurance and surplus lines knowledge and prior regulatory experience.
• Background in operational risk, internal controls or governance functions.
• Good organizational skills with ability to prioritize tasks to completion within deadlines.
• Ability to analyze business processes and clearly articulate observations and recommendations.
• Ability to work independently and within teams.
• Proficient Excel skills to analyze and summarize data and PowerPoint to present results.
• Good communication and presentation skills, with the ability to facilitate meetings and discussions.
• Active P&C License.
• Active Surplus Lines License.
• Active A&H License.
• Experience executing DRLP-related filings and attestations.
• Experience supporting regulatory exams and audits.
• Experience monitoring premium tax reporting obligations.
• Technical and practical knowledge of State insurance licensing requirements.
• Technical and practical knowledge of Surplus lines regulations.
• Technical and practical knowledge of Premium tax requirements.
• Technical and practical knowledge of NIPR and state insurance dept filing processes.