Compliance Associate

Falvey Insurance Group•North Kingstown, RI

9d•Hybrid

About The Position

The Compliance Associate will report directly to the Director of Compliance and serve as a key contributor in maintaining and enhancing the company’s regulatory framework. This role goes beyond administrative licensing work and provides exposure to admitted and non-admitted products, carrier due diligence, regulatory research, and delegated authority oversight within the Managing General Agent (MGA) context. The ideal candidate will have insurance compliance experience and a working understanding of state insurance regulations, producer licensing, filing requirements, and MGA operational structures. This position is well-suited for a professional seeking to grow within a sophisticated and expanding compliance environment.

Requirements

2–5 years of insurance compliance, regulatory, or licensing experience
Working knowledge of state insurance regulations, producer licensing, and MGA structures
Familiarity with admitted and/or non-admitted products
Strong organizational skills and attention to detail
Ability to interpret insurance department directives and regulatory bulletins
Excellent written and verbal communication skills
The candidate should be customer service orientated, demonstrate a positive attitude and the ability to share knowledge and work effectively in a team environment with all levels of company staff as well as with carriers, regulators, and agency partners; posses strong professional verbal and written communication skills, strong mathematical skills, strong time management and organizational skills; and analytical and problem-solving skills with the ability to manage and prioritize multiple projects independently in a fast-paced office environment. And posses a high level of discretion and confidentiality.

Nice To Haves

Experience within an MGA or wholesale brokerage environment
Exposure to surplus lines compliance
Experience supporting carrier audits or due diligence reviews
Experience with regulatory filings or state form/rate filing environments

Responsibilities

Manage and maintain producer, adjuster, and business entity licensing across all applicable jurisdictions
Oversee carrier appointments and related regulatory requirements
Ensure timely renewals and compliance with state insurance department directives
Support compliance efforts for both admitted and surplus lines products
Assist in monitoring state-specific regulatory requirements applicable to MGA operations
Track and maintain documentation related to filing obligations, surplus lines compliance, and regulatory notices
Serve as a primary support contact for carrier due diligence reviews and regulatory audits
Maintain organized repositories of brokerage agreements, agency documentation, E&O certificates, financials, and related materials
Assist in responding to audit inquiries from domestic and international markets
Conduct research on insurance statutes, bulletins, and regulatory updates affecting company operations
Assist in the development and documentation of internal compliance policies and procedures
Support expansion initiatives by analyzing regulatory requirements in new states or product lines
Partner with underwriting, operations, claims, and finance teams to identify and mitigate compliance risks
Proactively identify areas for process improvement and documentation enhancement
Participate in special projects tied to new products, carrier relationships, or operational scaling