The Insurance Company Licensing Specialist will primarily be responsible for assisting with key aspects of the Starr Companies' (re)insurance company regulatory and licensing compliance function ...
The Insurance Company Licensing Specialist will primarily be responsible for assisting with key aspects of the Starr Companies' (re)insurance company regulatory and licensing compliance function ...
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The Insurance Company Licensing Specialist will primarily be responsible for assisting with key aspects of the Starr Companies' (re)insurance company regulatory and licensing compliance function ...
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The Insurance Company Licensing Specialist will primarily be responsible for assisting with key aspects of the Starr Companies' (re)insurance company regulatory and licensing compliance function ...
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Quick apply
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Insurance information
See Edison, NJ salary details
$31.4K - $36.5K
1% of jobs
$36.5K - $41.7K
7% of jobs
$41.7K - $46.8K
11% of jobs
$48.2K is the 25th percentile. Wages below this are outliers.
$46.8K - $51.9K
22% of jobs
The median wage is $55.2K / yr.
$51.9K - $57K
14% of jobs
$57K - $62.1K
15% of jobs
$64.8K is the 75th percentile. Wages above this are outliers.
$62.1K - $67.2K
11% of jobs
$67.2K - $72.3K
7% of jobs
$72.3K - $77.5K
5% of jobs
$77.5K - $82.6K
3% of jobs
$82.6K - $87.7K
4% of jobs
$31.4K
$59K
$87.7K
How much do insurance jobs pay per year?
What are some common challenges faced by professionals working in the insurance industry, and how can they be addressed?
What are insurance jobs?
What is the difference between Insurance vs Insurance Agent?
| Aspect | Insurance | Insurance Agent |
|---|---|---|
| Credentials | Varies by role; may include licenses for specific insurance types | Requires state licensing and certification |
| Work Environment | Office, online, or client sites | Office, client meetings, or remote |
| Employer & Industry | Insurance companies, brokers, agencies | Insurance agencies, brokerages, companies |
| Job Focus | Developing, selling, managing insurance policies | Selling insurance policies, client consultation |
Insurance is a broad industry encompassing various roles, including Insurance Agents. Insurance Agents specifically focus on selling and advising clients on insurance policies, often requiring licensing. While Insurance professionals may work in different capacities, Insurance Agents are directly involved in client interactions and policy sales, making their roles closely linked but distinct within the industry.
What's the highest paying job in the insurance industry?
What jobs pay $500,000 a year in the US?
What are the key skills and qualifications needed to thrive in an insurance professional role, and why are they important?
What type of insurance job pays the most?
What Do Insurance Agents Do?
What careers are there in insurance?
Full-time
Re-posted 13 days ago
Job description
The Insurance Company Licensing Specialist will primarily be responsible for assisting with key aspects of the Starr Companies' (re)insurance company regulatory and licensing compliance function, both domestically and internationally. This entails the completion and tracking of (re)insurance company license applications and registrations, license and registration renewals, corporate amendment filings, the submission and tracking of affiliate transactions for prior approval, insurance company director and officer notifications, liaising with state insurance departments on information requests, inquiries, and other communications to maintain ongoing compliance in the domestic United States (including the District of Columbia, Puerto Rico, Guam, and the USVI) and internationally.
This position will also support the Reinsurance Counsel with the filing and tracking of affiliate reinsurance contracts for prior approval with the state insurance departments and subsequent contract signatures, as needed. This is an in-office role.
Key responsibilities will include the following:
- Research and analyze requirements for (re)insurance license and registration renewals for both domestic and international jurisdictions;
- Handle (re)insurance license and registration renewals to completion and submission;
- Liaise with insurance regulatory authorities and state insurance departments, law firms, and variety of internal stakeholders in connection with the foregoing;
- Track, handle, and record payments due to state insurance departments pursuant to state filing requirements in connection with U.S. insurance company regulatory submissions;
- Maintain up-to-date records of regulatory submissions, assessment fee payments, and renewals using individual tracking charts for the domestic insurance companies and for international licenses and registrations;
- Administer and oversee updates for biographical affidavits, including exhibits, for insurance company officers and directors;
- Research and analyze insurance company holding act statutes and regulations;
- Perform regulatory research and surveys on various insurance-related topics to respond to business needs;
- Handle daily volume of requests and inquiries in connection with insurance company filings, assessments, and fee payments, data calls, and variety of regulatory notices and bulletins;
- Maintain original and soft copies of (re)insurance company licenses and registrations; and
- Complete special regulatory assignments, as assigned. Skills/Experience Required:
- Strong attention to detail;
- The ability to: (1) work well both individually and in a team environment; (2) handle multiple projects with varying degrees of urgency; and (3) build strong relationships with colleagues;
- College degree
- 3-5 years of related regulatory/licensing experience within the insurance industry or legal experience preferred;
- Strong oral and written presentation skills;
- Strong research, writing, analytical, project management, organizational, interpersonal, and critical thinking skills;
- Application of conscientious and proactive approach to handling assignments with multiple deadlines with a high level of accuracy;
- Ability to use sound judgment, tact, and discretion when handling sensitive information and complex matters, and when spearheading various regulatory projects;
- Ability to follow established company workflows and guidelines; and
- Proficiency conducting online legal and insurance related research.
For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $70,000- $90,000
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.