What are the responsibilities and job description for the Finance & Insurance Product Development Manager position at Smart AutoCare?
DEPARTMENT: Product Development
POSITION: Finance & Insurance Product Development Manager
REPORTING TO: VP of Product Development and Compliance
Classification: Exempt
The Company: Smart Autocare (SAC) is people taking care of people. We provide consumer protection products within the automotive industry with integrity and longevity in mind.
The Product Development Manager role is a full-time, salaried position that reports to the Vice President of Product Development and Compliance.
The Product Development Manager is responsible for ensuring that SAC’s auto warranty products meet dealer and agent needs while meeting state and lender requirements. This role involves directing, preparing, and submitting form filings, monitoring regulatory changes, responding to comments/inquiries from regulators in tandem with the Compliance Team, and providing guidance to various departments within the organization.
Job Duties
Product Filing Management:
- Prepare product forms to be filed with state regulatory authorities and lenders (including F&I Sentinel).
- Ensure all filings are accurate and complete, and delivered to the Compliance team within SLA’s.
- Work closely with product development and operations teams to gather and review necessary documentation for filings, and facilitate the communication of filing approvals to those teams.
Advisory and Support:
- Provide expert advice to product development, marketing, and operations teams on regulatory compliance matters.
- Support the development and review of marketing materials to ensure compliance with regulatory standards.
Regulatory Monitoring and Implementation:
- Stay abreast of regulatory changes affecting the auto warranty industry.
- Interpret and communicate regulatory requirements to relevant stakeholders.
- Other duties may be assigned by leadership.
Job Qualifications
- Bachelor's degree, a minimum of 8 years experience within the auto warranty industry preparing forms and delivering products, or an equivalent combination of education and experience that demonstrates the ability to meet the responsibilities of the position.
- In-depth knowledge of state and federal auto warranty regulations and compliance requirements.
- Experience with F&I Sentinel and lender filing processes
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication and interpersonal skills.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Proficient in Microsoft Office Suite, and preferred experience with Monday.com as a project management platform
