Surplus Lines Compliance Associate

KEY OBJECTIVE: This individual will support the North America (NA) Compliance team within the Legal & Compliance Department by enforcing the established compliance standards to monitor, detect and prevent compliance deficiencies. The individual selected for this position will report directly to the NA Compliance Operations Officer and will be primarily responsible for Surplus Lines Tax Filings and reporting of non-admitted polices associated with Chubb Insurance Solutions Agency. The individual will work in close cooperation with Chubb Insurance Services Inc. (CISA) team, L&C business support, & Departments of Insurance staffs and therefore needs strong interpersonal skills. More importantly, the ideal candidate will need to be flexible and adaptable with an evolving compliance department.

Responsibilities not listed.

• 5 years of insurance industry experience, specifically administrating surplus lines tax filings and reporting of non-admitted policies for an insurance agency
• Compliance and/or operations background in P&C and A&H areas, with emphasis on surplus lines regulatory requirements
• Strong verbal and written communication skills
• Strong organizational skills and the ability to consistently execute and deliver results
• Ability to manage multiple projects in a dynamic developing environment
• Must be a self-starter with demonstrated ability to work independently

• Ensure all required surplus lines brokerage/agency statutory filings are prepared accurately and within statutory due dates
• Calculate and complete surplus lines tax and fee reports, remit tax reports, file affidavits and declaration pages within required timeframes for Chubb surplus lines agency & brokers
• Coordinate all required surplus lines brokerage/agency filings for CISA and related underwriters
• Collaborate with Finance to reconcile surplus lines agency premiums with Surplus Lines insurance companies’ records
• Track/research and review all regulatory requirements for surplus lines brokerage/agency & implement any processes and procedures to comply, where appropriate
• Develop & maintain procedures guide for surplus lines agency regulatory operations
• Provide support to CISA brokers including regulatory guidance; filing requirements; tracking/reporting deficiencies; state broker audits
• Participate in other NA Compliance projects, as assigned

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.