Job Description

Job Description

Job Title: AVP, Product Development Attorney

Type: Perm

Start Date: ASAP

End Date:

Location: NYC, Jersey City, NJ, Hartford, CT, Boston, MA, Minneapolis/St. Paul, MN, Atlanta, GA, Chicago, IL

Salary Flex: $150,000 - $180,000/year - will depend upon location

Position Summary

Mid-level attorney to work with the Enterprise Product Development team within Corporate Underwriting Services (CUS).

Job Responsibilities

• Review, draft and create insurance coverage forms for multiple business units and coverage lines, with emphasis on commercial property, inland marine and commercial auto as well as other standard P&C lines.
• Communicate and collaborate with Underwriters, Managers, Claim Attorneys, Compliance and the Corporate Legal department to ensure products remain competitive while protecting their profitability.
• Help business units identify and prioritize product development needs.
• Remain apprised of and monitor U.S. case law, regulations, legal trends and emerging issues affecting insurance coverage.

Qualifications

• JD from accredited law school and law license in good standing in at least one state in the U.S.
• 2 - 5 years of insurance contract drafting and insurance industry experience.
• Strong analytical skills and attention to detail.
• Thorough understanding of insurance contract language and legal precedent
• Prior experience with commercial property, inland marine or commercial auto lines of business highly preferred.
• Ability to manage projects from concept to fruition with minimal oversight
• Excellent time management and organizational skills.
• Strong oral and written communication skills.
• Ability to review and assess the impact of legal decisions and court cases on insurance contract language.

For individuals assigned or hired to work in the location(s) indicated, the base salary range is provided... $150,000 - $180,000/year

• Total individual compensation (base salary, short & long-term incentives) offered will consider several factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

• Comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more.

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