Product Specialist - Specialty Risk (Travel & Renters Insurance)

AmTrust Financial Services, Inc.

3d•$90,000 - $100,000•Hybrid

About The Position

The Product Specialist – Specialty Insurance plays a critical role in the ongoing development, management, and regulatory compliance of our renters and travel insurance products. This position is designed for an insurance professional with deep expertise in specialty lines, particularly renters and travel insurance, who also possesses a strong understanding of the regulatory landscape and compliance requirements governing these products. We’re seeking an innovative, detail-oriented, and collaborative candidate who is passionate about delivering market-leading insurance solutions that address the evolving needs of today’s consumers. This role is a unique opportunity to make a significant impact in a dynamic, rapidly growing segment of the insurance industry. This role will require a hybrid work schedule in any of our US AmTrust Offices.

Requirements

Bachelor’s degree in Insurance, Business Administration, Risk Management, or a related field; advanced degrees or professional insurance designations are a plus.
Minimum 3-5 years of experience in specialty insurance products, with demonstrated expertise in both renters and travel insurance.
Comprehensive understanding of insurance product development, filings, and compliance processes.
Strong knowledge of regulatory environments relevant to renters and travel insurance.
Proven track record in managing product lifecycle, from ideation to launch and ongoing optimization.
Exceptional analytical, organizational, and project management skills, with experience using data and market insights to drive product strategy.
Excellent communication, presentation, and interpersonal skills, comfortable working with both technical and non-technical stakeholders.
High attention to detail and commitment to quality and compliance.
Ability to work independently, manage multiple priorities, and adapt to a fast-paced, changing environment.

Nice To Haves

Experience working for an insurance carrier, MGA, or broker specializing in specialty lines.
Practical knowledge of InsurTech solutions, digital distribution platforms, and customer engagement technologies.
Familiarity with international insurance regulations and cross-border product offerings.

Responsibilities

Lead the end-to-end development and lifecycle management of renters and travel insurance products, ensuring they align with market trends, company objectives, and customer needs.
Conduct market research and competitor analysis to identify gaps, opportunities for innovation, and emerging risks in the specialty insurance sector.
Gather and prioritize product and customer requirements, defining product vision, roadmap, and strategy in collaboration with key stakeholders.
Oversee the implementation of product enhancements and new features, working closely with underwriting, claims, operations, sales, and IT teams.
Monitor product performance metrics (profitability, retention rates, customer satisfaction, etc.) and recommend improvements based on data-driven insights.
Ensure all renters and travel insurance offerings are in full compliance with applicable state, federal, and international regulations, including filing processes, disclosures, policy wording, and claims handling.
Serve as the subject matter expert on all compliance-related matters for specialty insurance products, responding to regulatory changes and industry best practices.
Continuously monitor and evaluate industry trends, regulatory changes, and emerging technologies impacting renters and travel insurance lines.
Propose and implement process improvements to enhance product quality, compliance, and operational efficiency.
Develop and execute strategies for ongoing product innovation and differentiation within the specialty insurance market.