Product Services/Regulatory & Compliance Specialist (REMOTE)

MSIG USA; Pennsylvania; Remote; USD 60,000 - 95,000; Full time

Job summary

An established industry player is seeking a Product Services/Regulatory & Compliance Specialist to join their remote team. In this pivotal role, you will support product maintenance and development across various Commercial Insurance Lines, ensuring compliance with regulatory standards. Your expertise in state filings and property and casualty products will be crucial as you navigate cross-departmental initiatives. This role offers a unique opportunity to leverage your analytical and project management skills while contributing to a company with a rich heritage and commitment to excellence. If you're passionate about compliance and product management, this position is perfect for you.

Qualifications

• 5+ years of experience with State Filings for proprietary and bureau lines.
• Knowledge of Commercial Lines insurance products and policy language.

Responsibilities

• Develop and file new Commercial Lines products and ensure compliance.
• Analyze legislative changes and provide technical advice on policy issuance.

Skills

Analytical Skills

Organizational Skills

Project Management

Communication Skills

Attention to Detail

Microsoft Word

Microsoft Excel

Education

Associate’s or Bachelor’s degree

Tools

Policy Admin Systems

Job description

Product Services/Regulatory & Compliance Specialist (REMOTE)

Join to apply for the Product Services/Regulatory & Compliance Specialist (REMOTE) role at MSIG USA.

Company Overview: MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., a top global P&C carrier and Class 15 insurer, rated A+ with operations in over 40 countries. Leveraging a 350-year heritage, MSIG USA offers commercial insurance solutions tailored to diverse business risks.

Position Summary: The Product Services/Regulatory Compliance Analyst supports product maintenance, development, and management across all Commercial Insurance Lines. This role facilitates cross-departmental initiatives including Underwriting, Legal, Claims, Actuarial, IT, and Operations.

Major Duties and Responsibilities:

1. Develop and file new Commercial Lines products, amendments, coverages, rating plans, and programs compliant with laws and aligned with business goals.
2. Manage and update Commercial Lines products, forms, rules, and rating plans to ensure regulatory compliance.
3. Implement approved rate/rule/form changes in policy issuance systems.
4. Assist in developing product filings to expedite approval processes.
5. Address filing objections with the State Filings Manager and collaborate with Business Units and Actuarial teams.
6. Analyze legislative changes, propose actions, and circulate advisory bulletins as needed.
7. Provide technical advice on policy issuance systems used by Commercial Lines.
8. Support regulatory compliance activities including audits and examinations.
9. Research and create reference tools on product issues for internal use.
10. Specify product requirements for system implementation to IT and vendors.
11. Manage special projects as assigned.

Education and Experience:

• Associate’s or Bachelor’s degree or equivalent experience.
• 5+ years of experience with State Filings for proprietary and bureau lines.
• Experience in property and casualty products, management, and compliance is advantageous.
• Strong analytical, organizational, and project management skills.
• Proficiency in Microsoft Word and Excel.
• Excellent communication skills.
• Attention to detail and accuracy.
• Knowledge of Commercial Lines insurance products, policy language, and coverages.
• Familiarity with policy admin systems and translating forms/rates/rules into system requirements is a plus.

MSIG USA is committed to equal employment opportunity and provides accommodations for individuals with disabilities.