Product Development Compliance Lead – P&C Insurance (Remote)

Ficoh; Melville (NY); Hybrid; USD 114,000 - 128,000; Full time

Benefits offered by this job

Tuition reimbursement

401K match

Career growth opportunities

Job summary

Philadelphia Insurance Companies, a member of the Tokio Marine Group, is expanding its Compliance team with nationwide consideration for a Compliance Manager - Product Development. The role coordinates new and existing product development across Property, General Liability, Auto, Inland Marine, Crime, Farm, Businessowners and Professional Liability.

You will oversee staff, conduct market research, collaborate with cross-functional teams, and ensure products are competitive, compliant, and

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 management

Regulatory compliance knowledge

Leadership and team management

P&C insurance product knowledge

Education

Bachelor's degree or equivalent in Product Development

Tools

ISO forms knowledge

Bureau filings

Job description

Philadelphia Insurance Companies, a member of the Tokio Marine Group, is expanding its Compliance team with nationwide consideration for a Compliance Manager - Product Development. The role coordinates new and existing product development across Property, General Liability, Auto, Inland Marine, Crime, Farm, Businessowners and Professional Liability.

You will oversee staff, conduct market research, collaborate with cross-functional teams, and ensure products are competitive, compliant, and