Senior Vice President (SVP), Regulatory Compliance
Location: Chicago, IL | Manchester, NH | Boston, MA
Newly created SVP, Regulatory Compliance opportunity working with a rapidly growing, multi-line specialty MGA. Reporting into the Group COO, you will be responsible for the design, implementation, and daily oversight of the compliance framework across all platform MGAs. The role oversees policy form development, carrier reporting, QA controls and system testing, combining strategic oversight with hands-on execution to support complex insurance programmes, product expansion and compliance across reinsurance, capital markets and broker relationships.
Key Responsibilities:
- Review, develop and maintain insurance policy forms, digital libraries and issuance systems, advising on ISO rules and effective-date impacts.
- Oversee compliance testing for underwriting system changes, policy documentation and risk capital updates.
- Establish QA and internal controls, conducting annual reviews of policies and procedures across platform MGAs.
- Review risk capital contracts to ensure regulatory compliance and alignment with best practice.
- Ensure accurate and timely carrier, statutory and regulatory reporting, manage compliance enquiries and maintain Lloyd's ATLAS records.
- Oversee surplus lines tax tracking, filings and compliance across all states.
- Manage producer onboarding, licensing, oversight and contractual updates across retail and wholesale broker networks.
- Provide regulatory guidance on state-specific requirements and ensure staff receive appropriate compliance training.
- Manage relationships with key compliance vendors.
Qualifications & Experience:
- Bachelor's degree. Advanced degree in insurance law/risk management preferred.
- 10+ years of hands-on insurance compliance experience, within a multi-unit MGA or Program Administrator being preferred.
- Extensive knowledge of surplus lines tax, state filing requirements, and multi-state compliance regulations.
- Proven track record of developing proprietary manuscript forms and standard ISO forms.
- Experience managing forms, system testing, and policy issuance platform compliance.
- Direct experience working with major carriers including the Lloyd's insurance market.
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SVP, Regulatory Compliance in London employer: Edenbrook Ltd.
Edenbrook Ltd. is an excellent employer, offering a dynamic work environment within the prestigious Lloyd's market. Employees benefit from a collaborative culture that prioritises professional growth and development, alongside flexible working arrangements that support work-life balance. With opportunities to engage with various departments and external stakeholders, this role promises meaningful contributions to governance while fostering career advancement in a supportive setting.
