Compliance Specialist

About the role
Reporting directly to the Compliance Manager, this Surplus Lines Compliance Analyst position is responsible for surplus lines carrier reporting for various states which includes reconciliations, review and analysis.  There will also be system testing where you will write and execute test plans for our internal reporting system, SLFS.

This role is responsible for

• Reviewing transactions that are identified as exceptions to determine the root cause and to facilitate the necessary corrective action.

• Validating surplus lines licenses and confirming they are eligible for use in the various underwriting systems.

• Communicating with various state departments of insurance or other regulatory agencies regarding any inquiries related to the carriers.

• Managing a group mailbox that handles customer service type questions and requests for all things surplus lines related from both internal and external parties.

• Documentation of requirements for any changes to existing insurance company reports or creation of new reports.

• Reconciliation of surplus lines insurance company data and surplus lines agency data.

• Help identify and raise issues to management for resolution so we can continue to make the process as compliant and efficient as possible.

• State reporting for surplus lines insurance companies.

• Escalate any potential issues to management.

• All reports and reconciliations must be completed in accordance with state regulatory requirements and must be submitted to the state by the due date, after being review and approved, if required.

• Participate in state audits

• SLFS maintenance & updates

• Participate in system testing when needed

• Report underwriting system issues

• Provide feedback to manager & Compliance regarding any training needs

What we’re looking for

• Self-starter, able to work independently and autonomously as well as a member of a collaborative team.

• 3+ years relevant insurance experience or knowledge of insurance; specifically in surplus lines is a plus.

• Great communication, analytical, and organizational skills

• Ability to work on multiple projects simultaneously and with a high-level of attention to detail and accuracy.

• Ability to work with various organizational levels

• Proficient in MS Word, Excel, Outlook, and Adobe Acrobat.

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At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

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