Regulatory Affairs Director

This is a fully remote position, open to applicants in Utah.

📋 Description

• Develop and oversee the insurance regulatory affairs function at Nearmap.

• Establish regulatory strategy and interact with regulators and legislators.

• Provide guidance to insurance clients on optimal practices for utilizing Nearmap AI products in approved markets.

• Monitor bulletins and legislative bills related to imagery and AI, and disseminate Nearmap's positions.

• Serve as the designated Nearmap contact throughout the filing lifecycle, from pre-filing consultations to objection responses and post-approval maintenance.

• Take ownership of Nearmap's regulatory strategy, including decisions on registration and filings.

• Collaborate with insurance carriers to devise regulatory strategies.

• Lead objection response strategies incorporating input from actuarial and data science teams.

• Manage relationships with advisory organizations and oversee subscriber interactions.

• Create and uphold a strategy for advisory organization registration.

• Work closely with the Legal team on matters of privilege, contracts, and compliance.

• Oversee rate filing programs comprehensively, including scoping, material preparation, submission coordination, tracking, objection response, and closure.

• Organize a library of rate filing materials, including model memos, validation summaries, and methodology documentation.

• Maintain an in-depth understanding of filing requirements, confidentiality treatment, and filer eligibility on a state-by-state basis.

• Manage version control and re-filing associated with model updates, new attributes, validation findings, or regulator feedback.

• Monitor filings across all states and maintain a database of rating plans utilizing aerially derived data.

• Keep track of activities from NAIC, NAMIC, and NCOIL regarding insurance AI and imagery.

• Represent Nearmap's viewpoint at industry events.

• Advise product and data science teams on filing implications prior to the release of new attributes and scores.

• Provide Sales, Sales Engineering, and Customer Success teams with accurate positioning regarding filing history.

• Develop filing schedules, metrics, and playbooks specific to the insurance vertical.

⛳️ Requirements

• 8 to 12 years of experience in property and casualty rate filings, regulatory affairs, or state product management.

• Significant experience in personal lines property is particularly valuable.

• Proven track record in managing complete filing lifecycles and direct interactions with state insurance regulators.

• Experience with California regulations is a notable advantage.

• Proficiency in preparing materials suitable for regulators, including filing narratives, methodology summaries, actuarial exhibits, statistical plans, forms, and rate pages.

• Bachelor's degree in insurance, actuarial science, public policy, or a related field, or equivalent professional experience.

• Familiarity with SERFF and multi-state prior-approval processes.

• Capacity to translate model documentation and validation outputs into regulator-friendly language.

• Ability to manage multiple deadlines concurrently.

• Experience collaborating with carrier actuarial and regulatory teams.

• Strong writing skills with the ability to articulate technical methods clearly to reviewers.

• Possession of actuarial credentials such as ASA or ACAS, or relevant regulatory training or certification.

• Previous experience on the regulator side within a department of insurance.

• Experience with AI, predictive models, or catastrophe model filings.

• Knowledge of model governance frameworks.

• Background in establishing or maintaining advisory or rating organization status.

🏝️ Benefits

• Additional 4 "YOU" days off each year.

• Company-sponsored volunteering days.

• Generous parental leave policies.

• Work from Overseas Policy—travel the globe while working from a list of approved cities.

• Discounted Private Health Insurance plans.

• A Nearmap subscription.