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Product Development Specialist - Regulatory

Munich Re - Hartford, CT

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Job Description

Product Development Specialist - Regulatory Future focused and always one step ahead! This Product Development Specialist role will support underwriting business units through effective project management, maintenance and development of new and innovative insurance products and services. The role will foster continuing development of knowledge of product lines, regulatory developments and coverage innovations. The Product Development Specialist will work closely with the Product Development team, and other stakeholders in Corporate Underwriting and functional Business Units. This role will foster continuing development of knowledge of product lines and other functions. Responsibilities In this position you will: Create and maintain speed to market guidance in regulatory compliance and drive filing strategy for proprietary P&C and Specialty Products. Draft all regulatory notices and change endorsements, and state-specific endorsements to comply with regulatory requirements in connection with form filings. Primary contact for Product Development for all regulatory inquiries relating to filings, and application of regulatory issues on surplus lines business. Regularly review regulatory and bureau (ISO, NCCI and AAIS) changes and insurance department actions to determine applicability to the Company's products. Research emerging issues related to our products and operations and make recommendations to management and updates, where needed. Continue development of depth of knowledge of specific product lines and regulatory developments, including coverage innovations. Provide ad hoc drafting support to Product Development team on P&C and Specialty products, as needed. Qualifications Successful candidates will possess the following experience/skills/qualifications: Bachelor's Degree required, Juris Doctor Degree or CPCU a plus 6-10 years product and/or insurance regulatory experience Extensive knowledge of product development and form/rate filings processes for P&C and Specialty Products based on relevant insurance experience in product development in Standard, Specialty, Primary and Excess lines of business including sophisticated underwriting applications and techniques. Experience with bureau (ISO, NCCI and AAIS) and insurance regulatory web resources. Proven ability to develop and foster relationships with key external and internal stakeholders Superior interpersonal, presentation, oral and written communication skills Excellent research, detail orientation, creative problem solving and project management skills Proficiency in enhancing existing processes and feedback loops The Company is open to considering candidates in numerous locations, including New York City (NY), Chicago (IL), Princeton (NJ), and Hartford (CT). The salary range posted below reflects market variations across various locations. The offer will be adjusted per geography. The base salary range anticipated for this position is $101,700 - $169,500, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Created: 2026-03-17

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