AVP, Product Development Attorney - Professional Liability

Arch Capital Group Ltd. • Hartford, CT

61d

About The Position

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™.

Summary

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

Requirements

• 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
• 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.

Nice To Haves

• Prior experience with professional liability lines of business highly preferred.

Responsibilities

• Review, draft and create insurance coverage forms for multiple business units and coverage lines, with emphasis on professional liability products 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: No Education Listed