Workers Compensation Product Specialist

This is a fully remote position, open to applicants in Illinois, +2 more states.

📋 Description

• Prepare, submit, and monitor Workers' Compensation rate, rule, form, and loss cost filings via SERFF and relevant state filing systems.

• Collaborate with internal teams and external filing partners to ensure prompt and precise filing submissions.

• Draft replies to regulatory objections and information requests from state insurance departments.

• Track filing statuses and maintain documentation that supports regulatory approvals and implementation actions.

• Ensure compliance with state-specific Workers' Compensation regulations across all jurisdictions where MSIG USA operates.

• Monitor NCCI circulars, state bulletins, and independent bureau updates to assess their effects on MSIG USA products.

• Oversee the review and implementation of bureau loss cost, rating, rule, and form modifications.

• Collaborate with Actuarial to facilitate loss cost multiplier filings, rate adjustments, and associated regulatory submissions.

• Maintain tracking tools and implementation timelines to guarantee bureau changes are adopted within necessary deadlines.

• Assist in assessing regulatory and competitive implications of bureau updates and market shifts.

• Support the creation and upkeep of Workers' Compensation products, forms, endorsements, and regulations.

• Work alongside Product Development and IT teams to draft and validate business requirements for enhancements to the policy administration system.

• Engage in product launches, state expansions, and system implementation projects.

• Assist with testing and validation related to product modifications and regulatory updates.

• Act as a subject matter expert on Workers' Compensation regulatory and filing requirements.

• Collaborate with Underwriting, Actuarial, Compliance, Legal, Claims, and Operations teams to support business goals and ensure regulatory compliance.

• Provide regular updates on filing activities, approval statuses, bureau modifications, and implementation schedules.

• Support internal and external audits by maintaining organized and audit-ready filing documentation.

• Identify areas for improvement in filing processes, reporting capabilities, and workflow efficiencies.

• Maintain filing procedures, templates, and documentation standards.

• Support the utilization and enhancement of filing management tools and technology platforms.

• Contribute to ongoing improvement initiatives that enhance accuracy, productivity, and regulatory responsiveness.

⛳️ Requirements

• 5-7 years of experience in Commercial Workers’ Compensation, Product Development, Regulatory Compliance, or State Filings.

• Proficient understanding of NCCI manuals, bureau procedures, Workers' Compensation rating structures, and state regulatory requirements.

• Experience using SERFF and state insurance department filing systems.

• Strong analytical and organizational abilities.

• Excellent written and verbal communication skills.

• Experience with regulatory filings, bureau adoption projects, or insurance product development efforts.

• Capability to manage multiple priorities and deadlines within a fast-paced environment.

• Experience supporting multi-state commercial lines insurance products.

• Familiarity with policy administration systems, filing management platforms, and insurance product implementation processes.

• Continuous improvement mindset and adaptability to regulatory changes.

🏝️ Benefits

• Comprehensive medical, dental, and vision coverage.

• 401(k) with a generous employer match and profit-sharing contribution.

• Wellness incentive program.

• Life and accidental death and dismemberment (AD&D) insurance.

• Flexible spending programs.

• Short-term and long-term disability plans.

• Paid time off program.

• Paid charitable leave.

• Paid parental leave.

• Tuition reimbursement program.

• Discounts on personal insurance (auto/homeowners).