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Crum & Forster · 8 hours ago

AVP, Product Management & Regulatory Compliance, Executive Risk - Jersey City, NJ/Hybrid

Jersey City, NJ

Full-time

Hybrid

Senior Level, Lead/Staff

$144K/yr - $212K/yr

10+ years exp

Crum & Forster is a well-established insurance company providing specialty and standard commercial lines insurance products. The AVP, Product Management & Regulatory Compliance, Executive Risk role involves creating and revising insurance products, managing product development projects, and ensuring compliance with regulatory changes.

Commercial InsuranceHealth CareInsuranceRisk Management

Growth Opportunities

H1B Sponsor Likely

Hiring Manager

Brian Schwartz

Responsibilities

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

Qualification

Juris Doctor (J.D.)CPCU designationInsurance product developmentISO familiarityISOnet experienceDuck Creek experienceMicrosoft Office SuiteWritten communicationVerbal communicationInterpersonal skillsOrganizational skillsAttention to detail

Required

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

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

Preferred

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

Experience with ISOnet, SERFF and Duck Creek preferred

Benefits

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

Tuition reimbursement

Industry-related certifications

Professional training

Matching donation program

Volunteer opportunities

Employee-driven corporate giving program

Company

Crum & Forster

Glassdoor4.3

Crum & Forster specializes in commercial insurance, claims, risk assessments as well as accident and health insurance.

Founded in 1822

Morristown, New Jersey, USA

1001-5000 employees

https://www.cfins.com/

H1B Sponsorship

Crum & Forster has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (7)

2024 (10)

2023 (3)

2022 (12)

2021 (9)

2020 (12)