Compliance Product Development Manager (Hybrid/Remote)

Philadelphia Insurance Companies; Melville (NY); Hybrid; USD 114,000 - 128,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Philadelphia Insurance Companies is expanding its Compliance team with Nationwide consideration for a Compliance Manager - Product Development. This role leads end-to-end product development across Property, General Liability, Auto, Inland Marine, Crime, Farm, Businessowners and Professional Liability.

The position involves overseeing staff, conducting market research, collaborating with cross-functional teams, and ensuring products are competitive and compliant with company goals.

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.

Responsibilities

• 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.

Skills

Product Development

Underwriting principles

Regulatory compliance

Management

Education

Bachelor's degree or equivalent experience in P&C

Job description

Philadelphia Insurance Companies is expanding its Compliance team with Nationwide consideration for a Compliance Manager - Product Development. This role leads end-to-end product development across Property, General Liability, Auto, Inland Marine, Crime, Farm, Businessowners and Professional Liability.

The position involves overseeing staff, conducting market research, collaborating with cross-functional teams, and ensuring products are competitive and compliant with company goals.