Surplus Lines Compliance Associate

JOB DESCRIPTION

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.

MAJOR DUTIES & RESPONSIBILITIES :

• 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

QUALIFICATIONS

ABOUT US

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.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.