AVP, Product Development Attorney

Reposted 3 Days Ago
Be an Early Applicant
8 Locations
In-Office
150K-180K Annually
Mid level
Financial Services
The Role
The role involves drafting insurance coverage forms, collaborating on product development, and monitoring legal trends affecting insurance coverage.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Position Summary

Mid-level attorney to work with Arch’s 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 below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$150,000 - $180,000/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of 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.

  • Arch is committed to helping employees succeed through our 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. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: White Plains, NY
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

Similar Jobs

Cox Enterprises Logo Cox Enterprises

Director, Vendor Performance Management (Cox Automotive Fleet Client Solutions and Delivery)

Automotive • Cloud • Greentech • Information Technology • Other • Software • Cybersecurity
Remote or Hybrid
IL, USA
50000 Employees
132K-219K Annually

Verkada Inc Logo Verkada Inc

Sales Manager

Cloud • Hardware • Security • Software
In-Office
3 Locations
2000 Employees
120K-175K Annually

Gusto Logo Gusto

Staff Software Engineer

Fintech • HR Tech
Easy Apply
Hybrid
6 Locations
4405 Employees
191K-265K Annually

IMC Trading Logo IMC Trading

Middle Office Operations Lead

Fintech • Machine Learning • Software • Financial Services
Hybrid
Chicago, IL, USA
1954 Employees
165K-195K Annually

Similar Companies Hiring

Yooz Thumbnail
Software • Machine Learning • Fintech • Financial Services • Cloud • Automation • Artificial Intelligence
Aimargues, FR
470 Employees
Amplify Platform Thumbnail
Fintech • Financial Services • Consulting • Cloud • Business Intelligence • Big Data Analytics
Scottsdale, AZ
62 Employees
Rain Thumbnail
Web3 • Payments • Infrastructure as a Service (IaaS) • Fintech • Financial Services • Cryptocurrency • Blockchain
New York, NY
40 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account