AmTrust Financial Services, Inc.

Product Development Manager

AmTrust Financial Services, Inc.  •  $90k - $120k/yr  •  United States (Hybrid)  •  1 month ago
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Job Description

Supports end-to-end insurance product development by translating underwriting intent into compliant coverage forms and endorsements, monitoring regulatory changes, and partnering cross-functionally to deliver timely filings and system implementations. Provides market intelligence and competitive insights, resolves field inquiries, and helps address Department of Insurance (DOI) objections to ensure products remain accurate, competitive, and compliant.

Essential Duties and Responsibilities include the following. This is a multi-disciplinary role with responsibility for market intelligence, regulatory and/or underwriting operations and technical development and implementation.

This position is hybrid out of any AmTrust office. 4 days in the office, 1 day work from home.

Responsibilities

· Develop, revise and maintain Coverage Form and Endorsement language to ensure terms accurately reflect underwriting intent and are compliant with state regulations.

· Collaborate with internal stakeholders, including Underwriting, Claims, Legal and Technology teams for speed to market.

· Stay apprised of regulatory and legal changes that may impact lines of business and policy language.

· Research questions from the field both internally and externally.

· Perform competitive analyses.

· Assist with response to DOI objections, collaborating with Underwriting as needed.

· Review system requirements with IT for programming, ensuring consistency with the approved filings.

Qualifications

  • 5+ years product development experience.
  • Significant knowledge of Renters, Travel and Ticket insurance products and coverage offerings.
  • Familiarity with bureau forms, rates and rules.
  • Ability to interpret insurance rules and regulations and apply knowledge for the highest standard of compliance.
  • High level of integrity and attention to detail.
  • Exceptional analytical, problem-solving and organizational skills.
  • Excellent verbal and written communication skills.
  • Proficiency in Microsoft Office Suite.
  • Able to work independently and as part of a team in a fast-paced environment.
  • Bachelor's Degree, CPCU or other related insurance course work.

The expected salary range for this role is $90,000-$120,000/year.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

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What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.

AmTrust Financial Services, Inc.

About AmTrust Financial Services, Inc.

AmTrust Financial Services, Inc., through its subsidiaries, operates as a multinational property and casualty insurance company. Founded in 1998 to provide workers’ compensation insurance to small businesses in the United States, the company now operates in three segments around the globe: Small Commercial Business Insurance, Specialty Risk and Extended Warranty, and Specialty Middle-Market Property and Casualty Program Insurance.

Read our Social Media Guidelines here: https://amtrustfinancial.com/about-us/social-media

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
New York, NY
Year Founded
1998
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