Location: On-site in Glen Allen, VA
Responsibilities:
Product Design & Innovation
- Lead the development of new commercial lines insurance products and enhance existing products.
- Translate underwriting strategies into policy forms and coverages, endorsements, applications and related materials.
- Monitor market trends, competitor offerings, and legal/regulatory/judicial changes to inform product enhancements.
- Draft and review policy forms and endorsements to ensure legal soundness and clarity.
- Coordinate within internal legal and compliance department to validate state-specific regulatory adherence.
- Partner with actuarial 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.
- Lead internal initiatives for product standardization, innovation pilots, or compliance audits.
Qualifications:Skills and Experience
- 3+ years of commercial lines insurance experience.
- At least 3+ years in a product development, claims, underwriting, coverage, or related role.
- Expertise in policy or contract drafting, coverage analysis, and/or insurance law interpretation or contract law interpretation.
- Exceptional drafting, communication, and analytical skills.
- Familiarity of insurance regulatory frameworks across states.
- Familiarity with ISO Forms.
- Proficiency in Microsoft Office.
- Experience with product lifecycle management tools (i.e. Mozart) is a plus.
- Bachelor's degree with a concentration in Business, Insurance, or a related field is required.
- J.D. optional.
Top Skills
What We Do
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
We work with a select group of appointed wholesale brokers that are deeply familiar with our insurance products and our underwriting appetite in the areas in which we focus. We believe that our wholesale broker partners value access to carriers that are consistent, stable sources of wholesale-only E&S capacity that can respond quickly to opportunities.
Our company was formed by a group of highly experienced industry professionals, many of whom have worked for some of the most successful E&S carriers in the industry. Members of our management team have also been responsible for the formation or capitalization of several successful startup and early stage specialty insurance companies.
We have adopted the best practices of the specialty insurance companies we have been involved with over the last 25 years while also incorporating the use of modern, cloud-based technology to help drive efficiency across our business in order to better serve our customers and business partners.
