Job Summary Supporting Financial Institutions/Management Liability/Cyber Liability/Health Care and Program business partners by:
Disseminating legal information to underwriting, claims and other management teams on legal developments that effect the above products and business.
Developing, drafting and delivering concise and clear contract language to meet market demand and support corporate underwriting appetite while safeguarding financial assets.
Creating and developing new solutions and strategies to execute underwriting strategy for new products and business opportunities efficiently and compliantly.
Directors and Officers Liability
Crime/Fidelity and Bond
Kidnap, Ransom and Extortion
Health Care E&O
Health Care Facilities Employment Practices Liability
Bankers Professional Liability
Insurance Company Professional Liability
Asset Managers and PE/VCAP Liability
Media and Technology Liability
Side A Liability
Architects & Engineers Liability
Lawyers Professional Liability
Essential Duties & Responsibilities:
Develop, revise, and maintain policy forms and endorsements for above product lines in admitted, non-admitted and international markets. Responsible for overseeing the product through its lifecycle to meet the demands of the market, regulatory environment and business partners.
Drive strategic direction of underwriting leadership by successful product development ensuring legal and regulatory compliance with end product.
Monitor, evaluate and advise business areas regarding judicial, legislative and regulatory activity and industry developments identifying, escalating and disseminating emerging issues that may impact product lines.
Report regularly to senior management on status of product lifecycle, recognizing inefficiencies and providing process solutions.
Assist business partners with coverage strategy and portfolio management, communicate and collaborate with Legal, Claims, Underwriting and Actuarial.
Deliver and coordinate learning and development opportunities for underwriting to further technical coverage knowledge and product use.
Respond to business requests, including coverage questions, compliance inquiries, product analysis and communications review for accuracy and ensuring alignment to strategies.
Establish and maintain strong collaborative relationships with internal and external customers.
May perform additional duties as assigned.
Skills and Knowledge Required:
Firm technical knowledge of insurance business including product development, underwriting, claim, legal, and regulatory issues for admitted and non-admitted forms in above identified lines of business.
Ability to resolve short term problems while supporting long-term objectives.
Excellent written and oral communications skills as well as strong time-management, prioritization and project management skills.
Demonstrated ability to work in a fast paced environment with a strong focus on teamwork.
Proven record of working independently, managing competing priorities, meeting deadlines and adding value.
Demonstrated record of collaborative relationships with customers, subordinates, senior management and external business partners.
Strong computer skills including Microsoft Office Suite, PowerPoint, SharePoint, Adobe and other business related software systems.
Detail and execution oriented.
Education & Experience Required:
Bachelor's degree with J.D.
Minimum of five to seven years related work experience in commercial specialty lines drafting and/or insurance claims.
When you Apply, don't forget to mention that you found this job on Attorneyjobsinusa.com.