Product Development Specialist

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.

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.

• 5+ years product development experience.
• Significant knowledge of Commercial Lines 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.

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#AmTrust

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.