AVP, Product Management & Regulatory Compliance, Executive Risk - Jersey City, Nj/hybrid

AVP, Product Management & Regulatory Compliance, Executive Risk

Create new and revised products as requested by Underwriters and aid in the development of any new business initiatives (Management Liability, Crime & Fidelity, Cyber & Technology E&O and Miscellaneous & Lawyers Professional Liability).

Develop and maintain coverage forms, endorsements, applications, quote and binder templates, and rate/rule plans for proprietary and bureau-based insurance products.

Draft manuscript endorsements, as requested by Underwriting staff, that provide needed coverage changes while maintaining the integrity of the policy form; track manuscript endorsement use and complete individual risk filings, where necessary.

Act as a key resource for researching coverage nuances across Executive Risk Products in response to potential industry trends.

Maintain awareness of market trends and identifies emerging threats and opportunities.

Manage product development projects (admitted and non-admitted) in collaboration with Underwriting, Claims, Legal, Actuarial, and State Filings staff members.

Ability to execute and formalize an insurance product filing by completing all required state checklists, certification and Flesch Test scoring as necessary.

Deliver prompt and well-written responses to state insurance department objections.

Monitor regulatory changes to determine need for revisions to proprietary products or exceptions to bureaus' products.

Create internal guidance and distribute to Underwriting staff regarding products and new or revised requirements, including topics such as manuscript endorsements, memorandums of insurance, assumed reinsurance, etc.

Maintain forms and rates/rules on a Product Management SharePoint site.

Support Product Business Analysts by providing regulatory guidance and answers to inquiries on policy form, rates and rules as needed; actively participate in Duck Creek policy issuance system calls as the user interface is being built.

Act as a resource for guidance on compliance topics such as commercial deregulation, NYFTZ, premium surcharges, TRIA, cancellation and nonrenewal, extended reporting periods, surplus lines and other regulatory issues.

Participate in internal audits in tandem with Underwriting and provide regulatory/compliance feedback as needed.

Assist in the training of new hires and Underwriting staff.

What you will bring to C&F:

Juris Doctor (J.D.) and 10+ years' legal/insurance industry experience.

CPCU designation or other related course work preferred, or equivalent insurance industry experience.

Extensive knowledge of admitted and surplus lines insurance products and development of policy forms and rules.

Familiarity with ISO, SFAA and other insurance bureaus.

Experience with ISOnet, SERFF and Duck Creek preferred.

Five or more years' direct insurance product development experience, including demonstrated expertise in the drafting of insurance policy forms, rules and rate manuals.

Outstanding written and verbal communication skills.

Strong interpersonal skills.

Strong organizational skills.

High degree of accuracy and attention to detail in a fast-paced environment.

Proficient in Microsoft Office Suite.

What C&F will bring to you:

Competitive compensation package.

Generous 401K employer match.

Employee Stock Purchase plan with employer matching.

Generous Paid Time Off.

Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeing.

A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path.

A dynamic, ambitious, fun and exciting work environment.

We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community.

At C&F you will BELONG

If you require special accommodations, please let us know. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let us know. Belonging at C&F, is a mindset. It's about fostering a culture of inclusion and connection, where everyone feels valued, heard, and empowered to thrive and where our social impact efforts help strengthen the communities where we live and work.