Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work^® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization.  For more information about Crum & Forster, please visit our website: www.cfins.com.

AVP, Product Management & Regulatory Compliance, Executive Risk

What you will do:

• Implements strategy to drive quality and process improvement goals of the department in conjunction with the leadership team
• Maintains awareness of market trends and identifies emerging threats and opportunities, new applications that may prove beneficial to our business
• Manages team to help achieve departmental goals
• Develops annual business goals for team members.  Responsible for analyzing results and maintaining accountability of team within the department
• Create new and revised products as requested by Underwriters and aid in the development of any new business initiatives (Management Liability, Crime & Fidelity, Cyber & Technology E&O and Miscellaneous & Lawyers Professional Liability)
• Act as a key resource for researching coverage nuances across Executive Risk Products in response to potential industry trends
• Develop and maintain the department’s coverage forms, endorsements, applications, quote and binder templates, and rate/rule plans for proprietary and bureau-based insurance products
• Manage product development projects (admitted and non-admitted) in collaboration with Underwriting, Claims, Legal, Actuarial, and State Filings staff members to produce final quality insurance products
• Ability to execute and formalize an insurance product filing by completing all required state checklists, certification and Flesch Test scoring as necessary
• Deliver prompt and well-written responses to state insurance department objections
• Draft manuscript endorsements, as requested by Underwriting staff, that provide needed coverage changes while maintaining the integrity of the policy form; track manuscript endorsement use and complete individual risk filings, where necessary
• Monitor regulatory changes to determine need for revisions to proprietary products or exceptions to bureaus’ products
• Create internal guidance and distribute to Underwriting staff regarding products and new or revised requirements including topics such as manuscript endorsements, memorandums of insurance, assumed reinsurance, etc.
• Maintain forms and rates/rules on a Product Management shared drive
• Support Product Business Analysts by providing regulatory guidance and answer any inquiries on policy form, rates and rules as needed; actively participate in Duck Creek calls as the user interface is being built
• Act as department resource for guidance on compliance topics such as commercial deregulation, NYFTZ, premium surcharges, TRIA, cancellation and nonrenewal, extended reporting periods, surplus lines and other regulatory issues
• Participate in internal audits in tandem with Underwriting and provide regulatory/compliance feedback as needed
• Train new hires and Underwriting staff by hosting an Executive Risk products and compliance and regulatory overview

What C&F will bring to you:

• Bachelor’s Degree and 10+ Years of experiences (J.D. preferred)
• CPCU designation or other related course work preferred, or equivalent insurance industry experience
• Proven leadership experience with the ability to lead and develop high-performing teams
• Experience in developing and implementing strategic plans that align with company goals
• Ability to translate business strategies into actionable plans for teams and manage execution to achieve results
• Extensive knowledge of primary and surplus lines insurance products and development of policy forms and rules
• Familiarity with ISO, SFAA and other insurance bureaus
• Experience with ISOnet, SERFF and Duck Creek preferred
• Five or more years’ underwriting experience, or equivalent insurance industry experience, including demonstrated expertise in the review of insurance policy forms, rates and rules
• Outstanding written and verbal communication skills
• Strong interpersonal skills
• Strong organizational skills
• High degree of accuracy and attention to detail in a fast-paced environment

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

For California Residents Only:  Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.

• Flexible work arrangements.
• Competitive compensation package.  
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
• A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
• A dynamic, ambitious, fun and exciting work environment.
• A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws.  Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $135,100 to a maximum of $198,100. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

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