What are the responsibilities and job description for the E&S Compliance Manager position at Private Client Select?
About The Company:
Private Client Select Insurance Services (PCS), is an independent managing general underwriter (MGU) majority owned by Stone Point Capital. PCS protects the lifestyles and legacies of the most successful individuals across the U.S by providing robust risk management solutions and comprehensive coverage to preserve high-value assets. We understand their passions and are committed to preserving the lifestyles they have built.
PCS employs approximately 420 staff members. The company has offices in New York, NY; Schaumburg, IL; and St. Petersburg, FL. PCS has a geographically diverse workforce and supports hybrid and remote business-based flexibility.
Job Summary:
The E&S Compliance Manager is responsible for overseeing all aspects of Excess & Surplus Lines (E&S) compliance for PCS. This includes ensuring timely and accurate state filings, maintaining up-to-date licensing for PCS entities and employees, and managing relationships with E&S compliance vendors. The role plays a key part in safeguarding regulatory adherence, improving operational efficiency, and reducing compliance risk across all E&S activities. The E&S Compliance Manager reports directly to PCS’s Chief Legal and Compliance Officer (CL&CO).
Key Responsibilities:
State Filings and Documentation
- Ensure timely and accurate filing of all Excess and Surplus Lines (E&S) paperwork, including affidavits and other forms requiring insureds’ signatures, policy wording, taxes, stamping fees, and zero returns where applicable.
- Oversee quality control reviews of E&S filings and documentation.
- Correct and mitigate rejected filings, including policy errors.
- Implement processes/controls to prevent recurrence of same/similar issues.
- Coordinate with PCS Finance on all E&S payments and reconciliations.
- Respond to inquiries and other communications from E&S regulators.
Licensing
- Ensure PCS entity and individual employees’ E&S licenses are current, including continuing education requirements in employees’ resident states, license renewal dates, etc.
- Communicate with individual employees regarding upcoming license renewal requirements, including continuing education.
- Engage with E&S vendor to develop and maintain database of PCS E&S licenses, including evidence of continuing education and other application and renewal requirements.
Vendor Management
- Manage relationship with E&S licensing vendor.
- Manage relationship with E&S tax /stamping fee filing vendor.
Equal Employment Opportunity Policy:
PCS values and is fully committed to diversity and inclusion. It is the policy of PCS not to discriminate against any applicant for employment, or any employee because of age, color, sex, disability, nation of origin, race, religion, sexual orientation, gender identity, or veteran status.
