Director of State Filings, Specialty Risk Division

Chicago, Illinois
Not Specified
Oct 03, 2016
Dec 02, 2016
Risk Management
Job Type
Not Specified
Career Level
Not Specified

Title_Director of State Filings, Specialty Risk Division_

About the OrganizationAmTrust Financial Services, Inc., (Nasdaq: AFSI) headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage.

PositionDirector of State Filings, Specialty Risk Division

LocationIL, Chicago

DescriptionEssential Duties and Responsibilities include the following.
  • Provide review, analysis and advice to business partners regarding the development, filing, regulatory approval and marketing and distribution of various specialty risk/extended warranty products, including.
  • Provide strategic direction for policy filing projects in support of the Specialty Risk Division's new program initiatives in North America.
  • Participate in multi-discipline development teams to design new product offerings as well as enhance, amend, or otherwise update current product offerings to achieve maximum underwriting flexibility in accordance with state regulatory requirements.
  • Participate in multi-discipline development teams to provide the executive team with an assessment of the industry's competitor tactics, market trends and/or regulatory changes.
  • Provide guidance to Product Development, Underwriters and Program Managers on (1) policy form design and filing strategy in admitted markets; and (2) the use of alternative markets including NY FTZ, Deregulation, Surplus lines and other market options where necessary or desired
  • Serve as a technical resource for product and policy filing-related questions to internal and external MGA clients / stakeholders.
  • Assist in the development of related material for product implementation, bulletins, online manuals, and other general client communication related to product offerings.
  • Ongoing monitoring and interpretation of all relevant regulatory body requirements applicable to various specialty risk/extended warrant products and enhancements to be marketed and distributed by the company.
  • State-by-state understanding of specialty risk/extended warranty regulations as they apply to sophisticated and creative products in this segment of our business.
  • Assist in the development of related material for product implementation, bulletins, online manuals, and other general client communication related to product offerings.

    Open Date12/2/2015

    Position Requirements+ Minimum 7 years of relevant regulatory experience in property & casualty insurance, with an emphasis supporting specialty risk and related product programs for dealers, retailers and financial institutions including but not limited to, mechanical breakdown protection programs for automotive and consumer goods, mobile electronic equipment protection programs, debt protection / debt cancellation, credit protection, guaranteed asset protection (GAP), LSI / CPI, involuntary unemployment protection and credit card enhancement products.
  • Experience supporting product management, product development, and underwriting strongly preferred
  • Broad regulatory background with exposure to a variety of issues, including insurance coverage, end-user agreements, rate development and general regulatory matters preferred.
  • Bachelor's Degree or other relevant combination of education and industry experience;
  • Proficient in analytics and strategic planning, consensus building and negotiating skills; ability to organize data and documents with close attention to detail;
  • Strong interpersonal and communication skills, both written and verbal; and
  • Must be able to effectively handle multiple and diverse workload
  • Occasional travel


    Req NumberAUD-15-00024

    Shift-not applicable-

    Number of Openings1

    Employee Referral Eligible

    Employee Referral PayoutThis position is currently accepting applications.