Licensing & Compliance Analyst

Location:

Chicago IL

Work Arrangement:
Onsite - 5 days in office

Base Salary:
Up to $110,000 + discretionary bonus

A leading global insurance and reinsurance organization is seeking a Licensing & Regulatory Specialist to join its Legal & Regulatory Compliance team.

With an established presence across the domestic and international insurance markets, the organization offers a collaborative environment where employees work closely with Legal, Underwriting, Finance, and other business functions.

This opportunity provides exposure to a broad range of regulatory matters, involvement in strategic business initiatives, and the ability to contribute to the continued development of the organization's licensing and compliance operations.

The Licensing & Regulatory Specialist will support the organization's insurance company licensing and regulatory compliance activities across domestic and international jurisdictions.

The position focuses on obtaining, maintaining, and renewing insurance and reinsurance company licenses and registrations while ensuring compliance with applicable insurance laws and regulatory requirements.

This opportunity is well suited for a detail-oriented insurance compliance professional looking to broaden their regulatory knowledge, gain international exposure, and take ownership of licensing initiatives within a global organization.

• Manage and coordinate the full lifecycle of insurance and reinsurance company licenses, registrations, and renewals across domestic and international jurisdictions.
• Prepare, review, and submit licensing applications, corporate amendment filings, and regulatory documentation to state departments of insurance and other regulatory authorities.
• Research insurance licensing requirements, regulatory statutes, and insurance company holding company regulations to support ongoing compliance.
• Assist with regulatory approvals involving insurance company holding company transactions, corporate restructurings, and affiliated entities.
• Coordinate regulatory requirements related to reinsurance contract execution and insurance company director and officer notifications.
• Serve as a point of contact for state insurance departments, regulatory authorities, external legal counsel, and internal business stakeholders.
• Maintain accurate tracking systems for company licenses, regulatory submissions, renewal deadlines, assessment fees, and related compliance documentation.
• Administer and maintain insurance company officer and director biographical affidavits and supporting documentation.
• Respond to regulatory inquiries, data calls, compliance notices, and other requests from insurance regulatory authorities.
• Support special projects involving acquisitions, entity restructurings, new product launches, and state expansion initiatives requiring additional licensing or regulatory approvals.
• Partner cross-functionally with Legal, Underwriting, Finance, and Compliance teams to ensure regulatory requirements are met.
• Identify opportunities to improve regulatory compliance processes, procedures, tracking systems, and automation tools.

• Bachelor's degree preferred.
• 3+ years of experience in insurance licensing, regulatory compliance, or a related function.
• Experience with in the property & casualty (P&C) insurance industry or a multinational insurance organization strongly preferred.
• Knowledge of insurance company licensing requirements, regulatory filings, and state insurance department processes.
• Familiarity with insurance company holding company regulations, corporate amendments, and regulatory approvals is beneficial.
• Strong legal and regulatory research skills with the ability to interpret complex insurance regulations.