Product Counsel Director - Specialty

| Detroit, MI | Hybrid
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Founded in 1897 and headquartered in Chicago, CNA is a leading provider of commercial property and casualty insurance. As the 8th largest U.S. commercial insurer, we provide insurance protection and risk management services to more than 1 million businesses and professionals in the U.S. and internationally. In recent years, CNA has invested in people and infrastructure to become a more profitable, more customer-focused company.
CNA has an excellent opportunity for a Product Counsel Director to join our Product Development team. Our ideal candidate will possess a J.D. and have strong commercial insurance technical knowledge from work experience in product development and/or claim coverage in the following areas:

  • Directors & Officers Liability
  • Fiduciary Liability
  • Crime/Fidelity/Bond
  • FI Errors and Omissions Liability
  • Media/Tech Liability
  • Employment Practices Liability
  • Professional Liability
  • Cyber Liability
  • Excess Liability
  • Program Management


Job Summary
Develop, draft and deliver concise and clear contract language to meet market demand and support corporate underwriting appetite while safeguarding financial assets. Create and develop new solutions and strategies to execute underwriting strategy efficiently and compliantly, supporting Financial Institutions Liability, Management Liability and Cyber Liability business partners. Disseminating legal information to underwriting, claims and other management teams on legal developments that impact dedicated Specialty lines of business.
Essential Duties and Responsibilities
1. Develop, revise, and maintain policy forms and endorsements for identified Specialty product lines. Responsible for overseeing the product through its lifecycle to meet the demands of the market, regulatory environment and business partners.
2. Drive strategic direction of underwriting leadership by successful product development ensuring legal and regulatory compliance with end product.
3. 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.
4. Report regularly to senior management on status of product lifecycle, recognizing inefficiencies and providing process solutions.
5. Assist business partners with coverage strategy and portfolio management, communicate and collaborate with Legal, Claims, Underwriting and Actuarial.
6. Deliver and coordinate learning and development opportunities for underwriting to further technical coverage knowledge and product use.
7. Respond to business requests, including coverage questions, compliance inquiries, product analysis and communications review for accuracy and ensuring alignment to strategies.
8. Establish and maintain strong collaborative relationships with internal and external customers.
9. Create and develop new solutions and strategies to execute underwriting strategy for new products and business opportunities efficiently and compliantly.
10. Assume managerial and administrative functions as delegated.
May perform additional duties as assigned.
Reporting Relationship
AVP or above.
Skills, Knowledge and Abilities
1. Exceptional 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.
2. Ability to resolve short term problems while supporting long-term objectives.
3. Excellent written and oral communications skills as well as strong organizational and project management skills.
4. Demonstrated ability to work in a fast paced environment with a strong focus on teamwork.
5. Proven record of working independently, managing competing priorities, meeting deadlines and adding value.
6. Demonstrated record of collaborative relationships with customers, subordinates, senior management and external business partners. Prior management experience a plus.
7. Strong computer skills including Microsoft Office Suite, PowerPoint, SharePoint, Adobe and other business related software systems.
8. Detail and execution oriented.
Education and Experience
1. Bachelor's degree with J.D.
2. Minimum of five to seven years related work experience in commercial specialty lines drafting, underwriting and/or insurance claims.
About CNA
Owned by Loews Corporation, CNA is one of the country's largest writers of commercial insurance, providing protection to more than 1 million businesses and professionals in the U.S. and internationally. We offer unique expertise for the businesses and industries we serve, providing quality products and dependable services that help prevent and minimize loss. Our focus on providing solutions and inspiring trust differentiates us from other companies and supports long-term relationships. Our commitment to diversity enables us to serve a broad range of customers while supporting our communities through charitable contributions and employee volunteerism.

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An Insider's view of CNA

How would you describe the company’s work-life balance?

Work-life balance has always been a priority for me. It always will be. CNA’s hybrid working model allows me to not only maximize collaboration with my peers but also take advantage of increased flexibility by combining remote and in-office work. I’m empowered to take control of my schedule based on what works best for me and my team.

Alison Massey

Agile Scrum Master Consultant

How do you collaborate with other teams in the company?

On the Security Advisory team, collaboration is key to what we do. We sit at a unique intersection of security goals and business objectives. By working across nearly every IT team at CNA, we balance the need for maintaining secure initiatives and keeping projects on track. It’s our job to find the best, secure path to ‘Yes’ for business requests.

Zach Jones

Director, Security Advisory

How has your career grown since starting at the company?

I joined CNA as a contractor and became a full-time employee after an eight-year contractor journey. I’m passionate about solving technical challenges and CNA allows me to foster that passion. Every day, I learn about emerging technologies. I’m empowered to develop, grow, and create a career that works for me and my lifestyle.

SenthilKumar Asokan

Applications Engineer Senior Specialist

How do your team's ideas influence the company's direction?

Enterprise Architecture creates foundations for IT expectations across CNA. I’m on a team that builds reusable IT assets, communicates best practices, and decides standards for tooling, and more. I influence CNA outside of my role, too, specifically through CNA’s Employee Resource Groups. I’m empowered to influence both IT and our culture of inclus

Lisa Smith

Architecture Senior Specialist

What does career growth look like on your team?

Career growth can take on many different forms at CNA, and that’s because there are always opportunities to acquire transferrable skills. On my team specifically, we’re encouraged to identify and work toward development opportunities that matter to us. We’re empowered to make a difference while advancing our careers.

Josie Lee

Director, HR Business Partner

What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Some meals provided
Relocation assistance
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Online course subscriptions available
Paid industry certifications

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