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Product Compliance Specialist bei Richmond National

Richmond National · Glen Allen, Vereinigte Staaten Von Amerika · Onsite

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Job Title: Product Compliance Specialist
Department: Legal
Location: On-site in Glen Allen, VA

Position Overview:

We are seeking a collaborative and detail-oriented professional with strong writing skills to join our Legal department as a Product Compliance Specialist. In this role, you will lead the design, evolution, and production of our commercial insurance products and policy forms. This is an excellent opportunity to join a growing team that will help shape the future of our company.

Responsibilities:
Product Design & Innovation
  • Lead the drafting, review, revision, and production of policy forms, endorsements, and applications for new and existing commercial insurance products.
  • Translate underwriting objectives and strategies into precise, legally sound policy language.
  • Monitor market trends, competitor offerings, and legal/regulatory/judicial changes to inform product enhancements.
Regulatory & Compliance
  • Partner with internal legal and compliance teams to ensure all products meet applicable regulatory requirements.
  • Research state insurance statutes and regulations as they apply to product design.
Cross-Functional Collaboration
  • Partner with internal stakeholders to align form language and risk appetite.
  • Support underwriting and claims with coverage interpretations, training, and documentation.
  • Collaborate with IT and operations teams to implement policy changes into systems and processes.
Leadership & Strategy
  • Lead internal initiatives for product standardization, innovation pilots, or compliance audits.
  • Serve as a key resource in product-related projects and internal audits.

Preferred Qualifications, Skills, and Knowledge:
  • Bachelor’s degree and/or legal training (such as a paralegal certification) preferred; J.D. is a plus but not required.
  • 3+ years of commercial lines insurance experience or relevant experience in contract drafting, regulatory work, coverage analysis, or related roles.
  • Excellent analytical, writing, and communication skills.
  • Familiarity with insurance regulatory frameworks across states.
  • Familiarity with ISO Forms a plus.
  • Strong proficiency in Microsoft Office; experience with product or contract lifecycle management tools (i.e. Mozart) is a plus.
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