Title:  AVP Regulatory Affairs & Product Filings

This role will promote trust and increase efficiency around the insurance product filing process, while providing independent value-added regulatory insights to the business.

The role is accountable for the following:

• Monitoring legislative and regulatory developments, inclusive of building and maintaining relationships with key Department of Insurance (“DOI”) contacts and industry advocacy leaders and effectively communicating HSB’s position on various policy matters. To that end, this position will develop strategies and implement steps to ensure compliance with regulations across all of our insurance products (direct and assumed).
• Oversees the successful execution of the full filing lifecycle for our insurance products, from development of proactive filing strategies for all our insurance products (new or enhanced) to development of filing materials that will result in ultimate DOI approvals, through identification of state filing requirements and actual filing submissions, through to resolution of any form, rate or rule objections for those products.
• Leads the development and maintenance of form, rate and rule materials for HSB’s direct insurance products that incorporate recent changes in the regulatory landscape. It is critical for this role to effectively navigate complex regulatory challenges, develop effective compliance solutions while maintaining a pragmatic approach for business enablement. In addition, they will work closely with AVP Client Delivery to ensure our reinsured product filing support leverages learnings from our direct experience in order to be as optimal as possible.
• Lead development of adequate RATE filing support for all products, while working closely in tandem with AVP Client Delivery who is accountable for the efficacy of the form filing materials.
• Leads a team of professional direct reports. Coaches and mentors with a focus on development and succession plans. Determines performance evaluations and strategic hiring needs for the team.

They will collaborate with many other departments within HSB, such as, but not limited to, Legal, Client Delivery, Pricing, Systems, Product and Underwriting Management. 

Education and Experience

• Bachelors degree
• 10+ years experience in state regulatory form, rate and rule filings and compliance
• Commercial and Personal lines insurance experience
• Experience in Actuarial Science or working closely with Actuaries in terms of rate filing support.
• Leadership and supervisory experience
• Experienced in resolving complex problems with limited information, leveraging intuition and analytical skills

Knowledge and Skills

• Expertise in the regulatory landscape (Departments of Insurance and industry bureaus)
• Critical, strategic and analytical thinking
• Manages complexity and ambiguity
• Mathematical skills; non-credential actuarial science a plus
• Operational mindset to implement pragmatic solutions
• Leadership skills
• Excellent communication skills (verbal and written)
• Organizational skills, including juggling of multiple priorities
• Impact analysis
• Problem solving mindset
• Relationship management with both internal and external stakeholders
• Competent understanding of actuarial support and underwriting
• Experience with Departments of Insurance, SERFF, ISO, APCIA, NAIC, etc.
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At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity 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 recruit and develop talent with a focus on providing our customers the most innovative products and services.  

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.  The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee.  Other duties, responsibilities and activities may change or be assigned at any time with or without notice.