Job Title: Compliance Specialist/Paralegal
Department: Legal
Location: On-site in Glen Allen, VA
Company Overview:
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
Key Responsibilities:
- Ensure company compliance with insurance regulations and federal and state-specific requirements.
- Coordinate responses to State Department of Insurance inquiries, collaborating with internal teams.
- Prepare and file documentation to maintain surplus lines eligibility with regulatory bodies and other federal, state and local regulatory and licensing filings.
- Conduct research and assist in drafting compliance-related documents and contracts.
- Coordinate form/product development for compliant workflows and speed to market operations.
- Stay current on legal and regulatory changes and support legal audits and compliance procedures.
Qualifications:
- Bachelor’s degree or equivalent combination of education and relative experience.
- Strong legal research and document preparation skills.
- Detail-oriented, with the ability to handle multiple tasks under deadlines.
- Advanced knowledge of computer programs, including Word, Excel, and Outlook.
- Experience with regulatory systems and filings preferred.
Top Skills
What We Do
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
We work with a select group of appointed wholesale brokers that are deeply familiar with our insurance products and our underwriting appetite in the areas in which we focus. We believe that our wholesale broker partners value access to carriers that are consistent, stable sources of wholesale-only E&S capacity that can respond quickly to opportunities.
Our company was formed by a group of highly experienced industry professionals, many of whom have worked for some of the most successful E&S carriers in the industry. Members of our management team have also been responsible for the formation or capitalization of several successful startup and early stage specialty insurance companies.
We have adopted the best practices of the specialty insurance companies we have been involved with over the last 25 years while also incorporating the use of modern, cloud-based technology to help drive efficiency across our business in order to better serve our customers and business partners.
