Requisition Title Product Specialist - Workers' Compensation
The Product Specialist - Workers' Compensation at AmTrust Financial is a pivotal role within the Technical Services team, focusing on the maintenance, implementation, and administration of Workers' Compensation products and related business systems. This position collaborates closely with Product Management, Underwriting, Actuarial, Operations, and Information Technology teams to ensure that company systems accurately reflect approved filings and business requirements. The role offers an excellent opportunity to develop expertise in Workers' Compensation insurance, regulatory compliance, product management, systems analysis, and cross-functional project management.
Key responsibilities include monitoring Workers' Compensation bureau circulars, regulatory bulletins, and industry communications to identify changes requiring review or implementation. The specialist assists in the preparation, review, submission, and maintenance of Workers' Compensation product filings, forms, rules, rates, and related regulatory documentation. Conducting research using NCCI and independent bureau state websites supports filing, compliance, and product management activities. The role also involves supporting the implementation of product, system, and regulatory changes by documenting requirements, coordinating activities, and assisting with project execution. Performing system validation and data analysis ensures that rates, rules, forms, and product configurations are implemented accurately and align with approved filings and business requirements. Investigating system discrepancies, operational concerns, and reported issues, and collaborating with business and IT teams to identify and implement solutions, are also key aspects of the role.
Candidates should possess a Bachelor's degree in Business, Insurance, Finance, Economics, Mathematics, Information Systems, Risk Management, or a related field; equivalent experience may be considered. An interest in Workers' Compensation insurance, product management, regulatory compliance, systems analysis, or business operations is essential. Strong analytical, problem-solving, and organizational skills are required, along with advanced Microsoft Excel skills, including the ability to create formulas, utilize pivot tables, analyze and reconcile data, perform data validation, and develop reports to support business decisions. Attention to detail and a commitment to accuracy are crucial, as are effective written, verbal, and interpersonal communication skills. The ability to manage multiple assignments, prioritize workload, and meet deadlines in a fast-paced environment is necessary, as is the capacity to collaborate effectively with cross-functional teams.
The position offers a comprehensive benefits package, including medical plans with PPO and HDHP options, dental and vision coverage, company-paid life insurance, AD&D, short-term and long-term disability coverage, paid maternity leave, a 401(k) with company contributions and matching opportunities, an Employee Assistance Program (EAP), a wellness program, generous paid time off starting at 18 days annually, and 15 paid holidays each year. Additional voluntary benefits include accident, critical illness, legal services, backup child/elder care, and student loan refinancing.
AmTrust Financial is a multinational property and casualty insurance company founded in 1998, offering specialty insurance products, including Workers' Compensation, commercial automobile, general liability, and extended service and warranty coverage. The company is committed to fostering a diverse and inclusive culture, valuing the input of all employees regardless of age, race, ethnicity, gender, sexual orientation, culture, religion, or disabilities. AmTrust strives to create a workplace where employees can thrive and contribute to the company's ongoing success.