Product Manager
Chicago, IL - USA
Job Summary
Job Description
Our client a well-established specialty insurance organization with a strong presence in the property & casualty market is seeking a FULLY REMOTE Product Manager to join their Regulatory Compliance team.
The Product Manager will support the development enhancement and maintenance of commercial insurance products. This role partners cross-functionally with underwriting compliance legal actuarial and operational teams to help bring products to market efficiently and ensure ongoing compliance with regulatory requirements.
MUST HAVE EXPERIENCE:
- 5 years of experience in drafting language for commercial insurance forms. Experience with drafting wording for liability insurance products
- 5 years of experience in reviewing analyzing and summarizing insurance laws and regulations.
Key Responsibilities:
- Draft wording for commercial insurance forms including policies coverage parts endorsements state amendatories and applications.
- Coordinate product development initiatives and manage timelines across multiple departments.
- Partner with internal stakeholders to revise policy forms and rating plans .
- Conduct market and competitor research to identify trends and product comparisons.
- Prepare and submit form rate rule filings to the State Departments of Insurance and draft responses to state objections
- Monitor industry updates regulatory changes and bureau circulars to support product compliance and implementation.
- Analyze insurance laws rules and regulations to ensure commercial insurance products comply with all applicable state and federal requirements
- Assist with the rollout and maintenance of policy forms rates and related systems updates.
Qualifications:
- Bachelors degree in Business Insurance Risk Management or a related field.
- 5 years of experience in drafting language for commercial insurance forms. Experience with drafting wording for liability insurance products REQUIRED. Aviation Liability a plus.
- 5 years of experience in reviewing analyzing and summarizing insurance laws and regulations.
- Experience in preparing and submitting form rate rule filings to the State Departments of Insurance.
- Experience reviewing and analyzing ISO and NCCI circular bulletins .
- Prior experience working with insurance related applications such as SERFF ISO NCCI and Reference Connect is a plus .
Compensation & Benefits:
- Base salary: $130K$150K with some flexibility for the right candidate
- Medical/Dental/Vision effective 1st day of the following month
- 22 PTO days
- 11 paid holidays
- 401 (k) w/6% match
#LI-ET1
Required Experience:
IC
About Company
The Jonus Group #1 Career Coaching Employment Agency - Best Mock Interviews, Linkedin Profile Optimization, Social Media Job Seekers, Outplacement Services, Career Goal Coach.