Joann Zummo
Legal, Regulatory & Compliance Specialist at Mitsui Sumitomo ►Licensing & Appointment Compliance ►Underwriting ►Agent & Broker Relationships
- Role
- Legal, Regulatory & Compliance Specialist at MSIG USA
- Location
- New York, NY, US
- LinkedIn followers
- 500 followers
About Joann Zummo
An accomplished and effective Insurance Manager with successful experience in…
Experience
Legal, Regulatory & Compliance Specialist
Jan 2022 — Present · Warren, NJ, US
At Mitsui Sumitomo, I manage company and producer licensing and registrations nationwide for all MSIG entities. As a member of the General Counsel Department, I also supervise corporate/regulatory filings and governance documents, and oversee communication of legislative and regulatory developments impacting commercial property and casualty insurance lines of business.Key responsibilities include: Manage all licenses and registrations for business operations countrywide including insurance company licenses, line of business authorizations for insurers, claim adjuster licenses, Third Party Administrator (TPA) licenses, producer licenses and surplus lines licenses. Research complex business and compliance issues; prepare documents including corporate/regulatory filings. Monitor legislative and regulatory developments affecting insurance industry operations and prepare and distribute written summaries of changing laws or regulations. Distribute relevant communications from State Insurance Departments and other organizations to affected business units. Manage, disseminate and serve as point of contact between business units and external constituencies for requests from State Insurance Departments and other regulators (e.g. business continuity plans, climate surveys, diversity surveys, insurance department notices and guaranty association proxies). Generate direct responses and work with General Counsel as needed. Manage disposition of consumer complaints with State Insurance Departments. Support the Corporate Secretarial/Corporate Governance process (Board and Shareholder meetings, etc.) and prepare corporate governance records.I was recognized with MSIG North America\'s President\'s Award in honor of my achievements and contributions to the organization.
Education
Rutgers University
Bachelor of Science, Marketing (Rutgers Business School)
2000 — 2004
Skills
- Workers Compensation
- Licensing & Appointments
- Regulatory Compliance
- Agency Appointment
- Professional Liability
- Team Development
- Internal Audits
- Insurance
- Business Analysis
- Workflow Processes
- Underwriting
- Casualty Insurance
- Risk Management
- Team Collaboration
- Relationship Management
- Umbrella Insurance
- Program Implentation
- Process Improvement
- Budget Oversight
- Insurance Agents
- Project Management
- Casualty
- Personal Insurance
- Customer Service
- Claim
- Book of Business
- Brokers
- Conflict Resolution
- Regulatory Reporting
- Appointment Filings
- Agency Operations
- Producer Compliance
- Management
- Liability
- Reinsurance
- General Insurance
- New Business Development
- Property & Casualty Insurance
- On-Boarding
- Problem Solving
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