Product Development & Compliance Specialist III - Insurance

The role

Michigan Millers Mutual Insurance Company is seeking a Product Development & Compliance Specialist III.

Responsibilities

• Monitor legislative and regulatory resources and analyze the impact of changes on Western National insurance products.
• Identify new regulatory requirements that may necessitate policy, rate, rule, or form changes; implement updates to ensure statutory compliance.
• Develop and maintain policy forms and rules to support new or revised coverage requirements.
• Partner with actuarial teams to support rate changes for assigned lines of business and communicate updates to internal and external stakeholders.
• Serve as a technical consultant and subject matter expert; train and coach Product Development Analysts.
• Participate in testing and auditing activities for assigned lines of business, both pre- and post-implementation.

Qualifications

• 3 years of Property and Casualty insurance required.
• Ability to interpret and translate legal and regulatory language into clear, compliant policy language.
• Demonstrated experience reviewing, filing, and maintaining personal and commercial lines product forms at the state level.
• Strong written and verbal communication skills, with the ability to effectively engage internal and external stakeholders.

Core Competencies

• Exceptional attention to detail and commitment to accuracy.
• Ability to manage multiple priorities, meet deadlines, and adapt to changing requirements.
• Proven ability to work independently while organizing and executing assigned responsibilities.
• Demonstrated experience planning, leading, and executing projects.

Education & Credentials

• Bachelor’s degree or equivalent related experience required.
• CPCU or other relevant insurance designation preferred.

Technical Skills

• Proficient in the use of core systems, standard office equipment, and business software applications.
• Experience with the System for Electronic Rate and Form Filing (SERFF) and insurance bureau websites preferred.

Benefits

• Medical insurance plan options and other standard employee benefits, including dental insurance, vision benefits, life insurance, disability insurance, and more!
• Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA)
• 401(k) Plan (participants are eligible for 100% matching on the first 6% of their contributions)
• Wellbeing Program, including onsite fitness studio
• Paid Time Off – including holiday, vacation, and volunteer
• 100% company-paid tuition reimbursement for approved job-relevant coursework and access to The Institutes (Risk and insurance education)
• Paid parental leave
• Bonus opportunities

Culture and Total Rewards

• Western National has long been known as “The Relationship Company®”, and caring for our employees is part of that relationship commitment.
• We value connectiveness, empowerment, and accountability, and we believe that our employees are our biggest asset.
• Currently ranked as the 41st largest private company by revenue in Minnesota (Minneapolis/St. Paul Business Journal), Western National has earned accolades year-over-year as an employer of choice and garnered multiple awards for wellness in the workplace.
• Western National has also been named a Top Workplace by the Star Tribune for consecutive years.
• In addition, the Group is consistently recognized as a Ward’s 50 property-and-casualty insurance company for its outstanding financial results.
• Western National offers full-time employees a significant Total Rewards Package, including:

• Medical insurance plan options and other standard employee benefits, including dental insurance, vision benefits, life insurance, disability insurance, and more!
• Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA)
• 401(k) Plan (participants are eligible for 100% matching on the first 6% of their contributions)
• Wellbeing Program, including onsite fitness studio
• Paid Time Off – including holiday, vacation, and volunteer
• 100% company-paid tuition reimbursement for approved job-relevant coursework and access to The Institutes (Risk and insurance education)
• Paid parental leave
• Bonus opportunities

Equal Opportunity Employer

Western National provides employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.