Sr. Product Compliance Specialist

Job Purpose

The Senior Product Compliance Specialist leads complex insurance product compliance initiatives and regulatory strategy across multiple jurisdictions. This role interprets insurance laws and regulations, assesses regulatory risk, and determines appropriate filing and product approaches that support enterprise objectives. The position exercises significant discretion and independent judgment on matters that impact product design, regulatory posture, and organizational risk exposure.

• Interpret state insurance statutes, regulations, bulletins, and guidance and assess impact on products, filings, systems, and operations.
• Advise underwriting, product, actuarial, IT, and leadership teams on regulatory requirements, compliance risk, and strategic options.
• Determine jurisdiction‑specific filing strategies and regulatory approaches.
• Evaluate regulatory developments and recommend proactive risk mitigation strategies.
• Ensure decisions and recommendations align with company policies, applicable laws, and privacy regulations.
• Provide technical coaching and knowledge transfer to Associates and Specialists to strengthen regulatory expertise.

• Lead compliance review and approval of new and revised surety products, forms, rates, and endorsements.
• Assess product designs for regulatory alignment, clarity, consistency, and risk exposure.
• Influence product development decisions through regulatory expertise and documented analysis.
• Guide resolution of complex compliance issues lacking predefined solutions.
• Maintain accurate, auditable documentation supporting compliance determinations and product approvals.
• Mentor associates with technical coaching and knowledge transfer to Associates and Specialists to strengthen regulatory expertise.

• Lead preparation, submission, and oversight of complex multi‑state product and rate filings through SERFF and other required systems.
• Review and approve filing exhibits, supporting documentation, and responses to objections.
• Negotiate with state regulatory agencies to resolve objections and secure approvals.
• Determine escalation based on regulatory, financial, operational, or reputational impact.
• Protect confidential and proprietary information exchanged with regulators and elevate privacy risks as appropriate.

• Assess compliance and operational risks and support enterprise risk management initiatives.
• Support audits, regulatory examinations, and internal governance activities through documentation and subject matter expertise.
• Develop and refine compliance standards, procedures, and guidance materials.
• Participate in compliance and privacy training and reinforce adherence to regulatory standards across the department.
• Collaborate with internal partners to ensure adherence to regulatory standards and enterprise compliance expectations.

• Minimum of 8 years of insurance product compliance experience.
• Demonstrated multi‑state filing experience using SERFF.
• Experience interpreting insurance statutes and regulatory guidance.

• Bachelor's Degree
• Experience in surety or commercial lines insurance.
• Professional compliance designation (e.g., CCEP or similar).