Shire Jobs

SUMMARY This role is key in the creation, development, maintenance, and review of non-bureau and bureau coverage forms and endorsements. In conjunction with Specialty Lines leadership, and collaboration with other key enterprise stakeholders, this position will help drive development and maintenance of new products. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Take ownership of the entire Product Development process for Specialty Lines, including: * Collaborate with Underwriting, Claims, and Product Management for the development of new products and modifications to existing products. * Review current policy forms and endorsements to analyze and identify potential unforeseen or unanticipated liabilities. * Review forms for new products to identify gaps and limitations in proposed policy language. * Research legal and statutory requirements by state for new and existing products. * Maintain the Specialty Forms Library as well as the form's history repository. Collaborate with Underwriting and Claims to ensure consistency in policy language and claims handling. This includes: * Work with Claims to ensure underwriters are kept apprised of potentially unforeseen or unanticipated liabilities due to policy form and endorsement language, as well as emerging claim and legal trends. * Work with underwriters to ensure that Claims is kept apprised of new markets the Company is exploring, new risks the Company is considering, and new policy forms and endorsements the Company is developing. * Organize Forms Committee meetings to discuss new forms and endorsements and modifications to existing forms and endorsements. * Ensure impacted departments have input into and are aware of new or updated policy forms and endorsements. Coordinate Underwriting compliance for all Specialty Lines, including: * With OGC, coordinate responses to DOI & customer complaints with underwriting and compliance. * Assist in the coordination of responses to external inquiries (including DOI) with regard to the Company's policy forms and endorsements. * Assist OGC in coordinating expert testimony required of underwriters. * Keep abreast of and provide guidance to Underwriting on relevant DOI bulletins. * Assist Claims with their responses to various DOI inquiries with regard to claims and/or claims handling. Keep abreast of external industry developments, including in the legislative and judicial arenas. This includes: * Liaison with industry service bureaus (AAIS, ISO, MSO, etc.) to understand and develop new forms. * Analyze and develop response to legal challenges to forms and policy language within the insurance market. * In conjunction with Government Affairs, work with outside industry organizations (e.g. APCIA, WSIA, etc.) to advocate on behalf of the Company and the insurance industry. * Advise Claims and Underwriting of industry trends or legislative changes that may impact underwriting and/or claims handling. Product Development, Product Filings, and Product Compliance * Review recommended form and product changes to align with Specialty Lines strategic direction, recommend implementation options, and lead prioritization of coverage enhancements across the Division. * In conjunction with Specialty Lines Leadership team and other key stakeholders, assist in the development and maintenance of new products - ensuring that staff prepares, monitors, evaluates, drafts, and obtains regulatory approval of rates, rules, and forms utilized by admitted and non-admitted products. * Manages & leads the coordination of objection responses on admitted products filed within Specialty Lines. * Syndication and communication of all updates to Specialty Lines leadership & partner Assist on other relevant matters as requested by Specialty Lines Underwriting or Claims. EDUCATION AND EXPERIENCE * Bachelor's degree in related field required. JD preferred. * CPCU ARM preferred. * Seven (7) to ten (10) years of experience in P&C Under