Product Development & Compliance Specialist III - Insurance

Core 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.

Requirements

• 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.

Must-Have Qualifications

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

Compensation Overview

The full hiring range for this role is $83,100 – $114,290, annually. However, the base pay offered may vary depending on the job-related knowledge, skills, credentials, and experience of each candidate, as well as other factors such as the scope and location of the role.

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.