Title:
AVP - Product Attorney for Financial Lines and Specialty
Company:
Company
Job Category:
Underwriting
Job Description:
The company is a prominent global reinsurance and insurance provider, with nearly 50 years of operation through subsidiaries in various territories including Europe, Bermuda, Canada, Singapore, and the US. The company excels in product and distribution capabilities, maintaining a strong balance sheet and an innovative culture. It has established itself as a leader in reinsurance, offering a broad range of Property, Casualty, and specialty products through its subsidiaries worldwide.
The role of the Product Attorney for Financial Lines and Specialty involves close collaboration with underwriters in each business segment, the claims organization, the actuarial team, and the operations team. This position is crucial for managing the existing suite of products and creating new, innovative client solutions.
Job Responsibilities:
- Draft and negotiate coverage endorsements with distribution partners and underwriters for all Specialty and Financial lines of business, including TR, D&O, E&O, EPL, Fiduciary, Crime, and Cyber Liability.
- Draft new products for all lines.
- Assist underwriting teams in analyzing legal and coverage exposures and requests on individual accounts.
- Provide training to new and existing underwriting teams on financial lines products as needed.
- Collaborate with the state filing team, underwriting, actuary, legal, and operations on new forms and maintenance/refreshes of current forms.
- Maintain the forms library.
- Monitor future/emerging exposures, communicating and coordinating across the group.
- Assist in creating and providing presentations along with various business unit heads on product and lines of business specific topics.
- Participate in claims meetings for each business segment.
- Review and approve non-disclosure agreements as needed.
- Support the goals of the Product Management Team in streamlining processes across the company's Product Units.
Education and Experience Information:
- Juris Doctorate required.
- Excellent communication and interpersonal skills.
- Ability to work independently and handle loosely defined tasks or ambiguity.
- Results-oriented and adaptable.
- Strong organization and time management skills.
- Heavy drafting experience in management liability and financial lines.
- Insurance industry experience.
- Demonstrated integrity and discretion in handling confidential information.
- Ability to communicate clearly and effectively, both written and verbal.
Knowledge, Skills, and Competencies:
- Problem Solving
- Multitasking
- Communication
- Drafting and editing
Salary Information:
Not provided.
Our Culture:
The company aims to provide global protection, helping clients and businesses thrive, fueling global economies, and creating sustainable value for colleagues, shareholders, and communities. The company values a unique and inclusive culture driven by a unified set of values and behaviors, including talent, thoughtful assumption of risk, execution, efficiency, humility, leadership, collaboration, diversity, equity, and inclusion.
Colleague Behaviors include respecting everyone, pursuing better, leading by example, owning outcomes, and winning together. All colleagues are expected to uphold and support these values and behaviors in day-to-day interactions.
Type:
Regular
Time Type:
Full time
Primary Location:
Warren, NJ
Additional Locations:
Not specified.
Equal Opportunity Employer Statement:
The company is an equal opportunity employer, considering all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, marital status, veteran status, or any other characteristic protected by law. Reasonable accommodations are provided for persons with disabilities in the application or interview process, essential job functions, and other employment benefits.
