Compliance Manager - Product Development

Philadelphia Insurance Companies; Plano (TX); Hybrid; USD 114,000 - 128,000; Full time

Benefits offered by this job

Hybrid work model

Remote work consideration

Tuition reimbursement

401K match

Job summary

Philadelphia Insurance Companies is expanding its Compliance team with nationwide consideration for a Compliance Manager - Product Development. The role oversees end-to-end product development across multiple lines, guides staff, and ensures regulatory compliance while aligning with corporate goals.

The position emphasizes cross-functional collaboration, market research, and ongoing talent development within a hybrid work model that enables remote consideration for qualified candidates outside

Qualifications

• Bachelor's degree or equivalent with 10 years product development experience in P&C.
• Five years of commercial and professional underwriting or strong understanding of P&C products.
• Management experience required and ability to lead staff.
• Knowledge of ISO forms, rates and rules and bureau filings.
• Familiarity with compliance rules and commercial lines bulletins.

Responsibilities

• Coordinate and complete product development projects for Property, General Liability, Auto, and more.
• Oversee staff, conduct market research, and ensure products are competitive and compliant.
• Collaborate with cross‑functional teams to align with company goals.
• Prioritize product development projects and manage development staff.
• Ensure regulatory requirements are met and internal standards are followed.

Skills

Product development

Underwriting principles

Management experience

ISO forms knowledge

Regulatory knowledge

Education

Bachelor's degree or equivalent

10 years Product Development experience in P&C

Job description

Description

Philadelphia Insurance Companies is expanding our Compliance team with Nationwide consideration for a Compliance Manager - Product Development.

Marketing Statement

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.

Summary

The Compliance Manager - Product Development will be responsible for the coordination and completion of new and existing insurance product development projects for Property, General Liability, Auto, Inland Marine, Crime, Farm, Businessowners and Professional Liability. This role involves overseeing staff, conducting market research, collaborating with cross-functional teams, and ensuring that products are competitive, compliant, and aligned with company goals.

A typical day will include the following

• Works with functional leaders in Actuarial, IT, Stat, Underwriting and Claims throughout the product development cycle.
• Responsible for the end-to-end product development process including the execution and implementation of product enhancements and new products/programs.
• Prioritizes Product Development projects.
• Manages the product development staff by assigning projects and overseeing work efforts.
• Coordinates with other functional areas of the Compliance Department on regulatory matters that impact company independent forms and rules.
• Develops the talent and expertise of the product development specialists.
• Ensures products meet regulatory requirements and adhere to internal company standards.

Qualifications

• Bachelor's degree or an equivalent of 10 years of Product Development experience in the P&C industry.
• Five years’ Commercial and Professional Underwriting Experience, or strong understanding of P&C insurance products, underwriting principles and market trends
• Management experience required.
• Knowledge of ISO forms, rates and rules, including knowledge of bureau filings, adoption activities, and system development.
• Familiarity with and ability to interpret rules and regulations outlined in compliance and commercial lines bulletins.
• National Range: $114,400.00 - $128,000.00
• Ultimate salary offered will be based on factors such as applicant experience and geographic location.
• We offer a hybrid work model that provides flexibility to work remotely while maintaining meaningful in-office collaboration with your team.
• Remote consideration will be given to qualified candidates located outside of the primary geographic region.
• #LI-MH1

EEO Statement

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc.and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.

Benefits

We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.

Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at https://www.phly.com/Careers/default.aspx