Product Compliance Specialist

Say Yes to the Best Career Opportunities

Merchants Bonding Company is hiring professionals who value clarity collaboration and opportunities to make an impact. Our team is growing and were looking for people who thrive in a fast-moving environment built on common sense underwriting and first-class experiences. If youre ready for the next step in your career with a team that says yes to the best this is your opportunity.

Job Purpose:

The Product Compliance Specialist independently manages standard insurance product filings and compliance activities while supporting more complex initiatives led by senior staff. This role applies regulatory knowledge and sound judgment within established filing strategies to ensure accurate compliant submissions. The Specialist exercises discretion in responding to routine regulatory matters while escalating novel precedent-setting or high-risk issues to senior compliance leadership.

Job Responsibilities:

Regulatory Compliance 25%

Independently prepare submit and manage standard regulatory filings.

Maintain approval records reference libraries and auditable compliance documentation.

Monitor regulatory changes and assess impact to existing products and filing strategies.

Respond to regulatory and internal inquiries with increasing independence.

Product Development & Filings - 40%

Support development and revision of insurance products to ensure regulatory compliance.

Manage countrywide filings for rates rules and policy forms under established strategies.

Assist in developing state-specific filing strategies and managing related timelines.

Prepare and review filing exhibits including premium and loss data.

Coordinate with underwriting IT actuarial and operations to resolve filing issues.

Compliance Support & Risk Awareness - 20%

Identify regulatory and operational risks and recommend mitigation strategies.

Participate in compliance reporting internal audits and process improvement initiatives.

Cross-Functional Collaboration - 15%

Serve as compliance contact for product-related implementation efforts.

Collaborate with internal stakeholders to support filing readiness and system configuration.

Required:

Associate or bachelors degree in business legal studies or related field; or equivalent experience

Minimum four years of insurance compliance or product filing experience

Working knowledge of SERFF and insurance product filing processes

Preferred:

Experience with state-specific rate and form filing requirements

Benefits at Merchants

At Merchants we value balancing the needs of our associates and their families. We offer a wide range of benefits designed to help achieve a healthy work-life balance and support personal and professional addition to competitive pay bonus programs and generous paid-time off here are a few stand-out benefits:

• Flexible and remote opportunities with 37.5 hour work week
• Free health insurance option
• Paid volunteer time off with matching gift program
• Infants in the Workplace Program with family resources
• Discover more at: Merchants

  For nearly a century Merchants Bonding Company has focused almost exclusively on surety delivering common sense underwriting and first-class experiences to agents accounts and associates across the country. Merchants stands apart from multi-line carriers by offering deep surety expertise a flexible approach and strong financials that instill confidence and foster lasting partnerships.

  Our people-first culture is built on collaboration inclusion and shared success. Were committed to helping associates grow through real opportunities for advancement while supporting a sense of belonging.

  If youre looking to join a company that values your unique perspective encourages new ideas and invests in your development apply today!