Regulatory & Filings Analyst II

AmTrust Financial Services, Inc.•Cleveland, OH

About The Position

The Regulatory & Filings Analyst II supports the Legal/Regulatory Department as an experienced insurance product professional for U.S. property and casualty business. The role works with product development professionals to assemble and submit complete, compliant insurance product proposals (filings) to state departments of insurance for review and approval. It also shares responsibility for regulatory and compliance, product governance, and implementation matters as they arise. The successful candidate is expected to understand and uphold AmTrust’s mission, vision, values, and organizational standards. The analyst serves as a contributing expert in preparing and submitting filings to 51 state jurisdictions, including understanding relevant regulations, state instructions, and supporting exhibits. The position serves as a primary contact for state regulators reviewing AmTrust product proposals and helps develop resolutions and draft responses for product leadership’s review. It monitors Insurance Services Office activity across multiple lines of business and jurisdictions, communicates significant statutory and regulatory information, and works with Product, Operations, and IT leaders on filing packages and implementation plans. Depending on expertise, the analyst may help draft insurance manual rules and form revisions and provide training to colleagues supporting filings.

Requirements

Substantive knowledge of regulatory compliance issues and state insurance laws.
At least 5 years of commercial insurance experience in a relevant area such as product compliance, underwriting, product development, or product-specific (non-financial) insurance business analysis.
Experience with at least one of these lines of business: Commercial Auto, Commercial General Liability, Commercial Property, or Commercial Umbrella.
Proficiency with Microsoft Office or Microsoft 365, including Word, Excel, SharePoint, and CoPilot, and with the NAIC industry filing portal SERFF (System for Electronic Rates & Forms Filings).
Strong organizational skills and attention to detail.
Ability to interact professionally with people at all levels of the corporate structure by phone, video, in person, and in writing.
Ability to build strong relationships and collaborate effectively with team members.
Ability to handle confidential information sensitively and discreetly.

Nice To Haves

Bachelor’s degree.

Responsibilities

Prepare and submit complete insurance product filings to state departments of insurance across 51 jurisdictions, applying relevant regulations, state instructions, and supporting-exhibit requirements.
Serve as a primary contact for state regulators reviewing AmTrust product proposals; propose resolutions and draft initial responses for product leadership’s review.
Monitor Insurance Services Office activity across multiple lines of business and 51 U.S. jurisdictions, documenting changes that affect AmTrust products.
Assist in disseminating significant statutory and regulatory information affecting AmTrust products.
Attend meetings with Product, Operations, and IT leaders to develop state filing packages and implementation plans.
Maintain an archive of implemented product changes for market conduct and IT reference.
Depending on expertise, assist product managers with drafting insurance manual rules and simple to moderate form revisions.
When appropriate, provide in-person training and guidance to Compliance Specialists and other staff supporting insurance product filings.
Perform other functionally related duties as assigned.