About Shepherd

Shepherd is a tech-enabled MGU writing P&C insurance for the commercial construction industry. Our mission is to incentivize a safe and sustainable construction industry through innovative insurance products. Shepherd launched its first Casualty products in March of 2022, and currently has Excess and Primary Casualty lines in market on both an Admitted and Non-Admitted basis. Shepherd’s unique value is centered around speed, innovative use of data through technology partnerships, and homegrown software paired alongside insurance products. About You:

We’re looking for a compliance analyst with 3+ years of P&C experience to join the Insurance team at Shepherd. You will work cross-functionally with our compliance, actuarial and underwriting teams to support our ratemaking and product design functions. You’ll get exposed to life at an early-stage startup and help build a strong culture for the actuarial team and beyond.

You would be a dream candidate if…

• At least 3 years working in P&C insurance experience, preferably in the US commercial lines environment

• You are knowledgeable in the preparation, submission and negotiation for approval of state rate, rule and form filings.

• Solid knowledge of insurance statutes, regulations and policy form/rate filing processes

• You are comfortable with coverage forms, manuscript language, and policy review.

• You are familiar with commercial insurance lines: General Liability, Commercial Auto, Workers’ Compensation, Builders Risk, etc.

• You are organized and have the ability to manage multiple tasks/projects simultaneously

• You are curious and eager to design, build and manage actuarial models; and

• You have exceptional interpersonal communication skills (verbal & written)

About the Role

Shepherd is looking for a Compliance Analyst who will be responsible for managing the insurance forms and rate/rule filing process for all new and existing Property & Casualty insurance products.

Responsibilities

• Collaborate with the Head of Compliance and Head Actuary to compile, prepare and submit rate, rule, and form filings to state departments of insurance in compliance with regulatory requirements.

• Analyze state-specific regulations and company products/processes to ensure compliance with filing requirements.

• Track changes in insurance regulations and advisory rates and ensure timely updates to company policies and procedures.

• Review feedback from insurance departments and implement necessary adjustments to filings and rating to secure approvals. Work with actuarial and engineering on implementation.

• Organize and maintain accurate records of all submitted filings, including correspondence with state insurance departments and approval statuses.

• Collaborate with Actuarial on rate level indication process.

• Provide filing requirements expertise to cross-functional teams working on new product launches.