Analyst - Licensing and Compliance - XL Group

Analyst, Producer Administration – Regulatory Compliance

Exton, Hartford, Philadelphia, New York City, Washington

This position is in our Producer Administration Group area, which is part of the Americas Compliance team.  It is specifically tasked with ensuring that our Brokers, Agents and Producers are appropriately authorized to transact business in the United States. Additionally, we provide all required license verifications, appointments, and contract management to support AXA XL’s internal organizational business units. 

As the Analyst in the Producer Administration team, you will support regulatory compliance guidelines for individual producer and agency licenses, appointments, and conduct any necessary research. The Producer Analyst will support the various business units within AXA XL.

You will play a critical role by being responsible for broker data maintenance, governance and compliance support that includes license verification, appointment processing, appointment renewals, and administering producer agreements.  You will also be responsible for database maintenance and governance within various applications. You will utilize your keen communication and analytical/problem solving skills to deal effectively with both internal and external clients, and you will add value by applying your skills and insurance knowledge to larger projects. 

This is a great opportunity to get exposure on a much broader level to all facets of AXA XL with opportunity for professional development and growth. In addition, training on each state license requirements will be provided to enable you to stay current with the state laws and regulations by utilizing various licensing education platforms.

DISCOVER  your opportunity

What will youressential responsibilities include?

·        Validating Insurance license of all Producers writing business on US legal entity paper in all 50 States. Producers are required to have an active license in any state where they do business for all applicable lines of authority. 

·        Identifying all AXA XL Business Units and Program Business for license validation of each policy insured and premium coding state.

·        Verifying the proper license and lines of authority by web navigation through the National Producer Registry or the Department of Insurance website(s) and other resources.

·        Appointment processing which includes the submission of company appointments and appointment terminations in the applicable states the Producer will represent by going through the Vendor management system.

·        Administering the AXA XL Insurance Producer Agreement for all Agents and Brokers having active business on the financial statements through our data management systems.

·        Maintaining current location listings and agreement termination process for Producers without any active business in a given time frame.

·        Partner with underwriting business units as it relates to broker onboarding and compliance.

·        Managing broker mergers and acquisitions which includes research and due diligence.

·        Supporting all producer data management utilizing Salesforce and Utilizing proprietary underwriting systems for broker maintenance of broker codes, correct legal name and address.

In this role you will report to the Manager, Producer Administration Group.

SHARE your talent

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

·        Extremely detailed oriented, well organized, and flexible.

·        Ability to work independently as well as work well in a team environment

·        Proven self-starter

·        Keen verbal and written communication skills

·        Strong analytical and problem-solving skills

·        Fluent in Microsoft Office applications and Excel

Bachelor's Degree in business or a related area, plus one to three years of relevant industry experience such as insurance, compliance or regulatory affairs is preferred.

If not possessing a college degree, a minimum of five years of work experience in database management and governanace within various applications and/or the insurance industry is a plus.

Desired Skills and Abilities:

·        Well Versed in web navigation and research

·         Experience with database management preferred

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more ataxaxl.com

Inclusion & Diversity

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

·        Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe

·        Robust support for Flexible Working Arrangements

·        Enhanced family friendly leave benefits

·        Named to the Diversity Best Practices Index

·        Signatory to the UK Women in Finance Charter

Learn more ataxaxl.com/about-us/inclusion-and-diversity.  AXA XL is an Equal Opportunity Employer.

Sustainability

At AXA XL, Sustainability is integral to our business strategy.In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future.Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

·        Valuing nature:How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.

·        Addressing climate change:The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.

·        Integrating ESG:All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.

·        AXA Hearts in Action:  We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability