Corporate Counsel - Underwriting & Product Management

UFG Insurance•,

1d•$160,000 - $200,000•Remote

About The Position

UFG is hiring a Corporate Counsel to serve as a trusted legal advisor to business leaders on commercial insurance product development, underwriting strategy, insurance regulatory matters, and compliance initiatives. The role supports product innovation, regulatory compliance, and business growth through legal guidance on rates, rules, forms, policy language, underwriting practices, and emerging regulatory developments. The position may be performed remotely. Candidates who reside near a regional office may have the opportunity to work in a hybrid arrangement. The role is based in a general office environment when located near an office and requires occasional business travel estimated at 5% of time or less. The Corporate Counsel works with underwriting, product development, agency distribution, and other business teams, and supports corporate governance, Enterprise Risk Management, internal audit, market conduct examinations, financial examinations, and other regulatory reviews.

Requirements

Juris Doctor from an accredited law school.
Active bar admission in any U.S. state.
At least five years of relevant legal experience supporting insurance regulatory compliance, product development, underwriting, or commercial insurance coverage matters.
Extensive knowledge of property and casualty insurance products and the legal, regulatory, and compliance frameworks governing insurance operations.
Strong relationship-building, communication, and collaboration skills, with the ability to influence and partner effectively across organizational levels.
Ability to manage multiple tasks and work effectively under pressure.
Strong analytical and problem-solving skills, sound judgment, adaptability, and effective decision-making in complex or ambiguous situations.
Self-directed, solution-oriented approach, strong business acumen, and ability to collaborate cross-functionally to achieve enterprise objectives.
Exceptional attention to detail and organizational skills.
Ability to prioritize and complete time-sensitive projects.
Sound, mature legal judgment and the ability to influence and build effective working relationships with internal and external colleagues.
Ability to explain complex or sensitive information in a straightforward manner.
Commitment to collaboration and contributing to a high-performing, highly engaged team environment.
Proficiency with legal, underwriting, and insurance administration systems, including Guidewire, ImageRight, and related business applications.
Availability for occasional business travel, estimated at 5% of time or less.

Nice To Haves

In-house experience with a commercial lines insurance carrier is strongly preferred, but not required.

Responsibilities

Assist in reviewing and developing insurance policy language, coverage enhancements, and manuscript endorsements across commercial insurance lines.
Partner with underwriting and product development teams to design, revise, and launch insurance products, considering regulatory compliance, state-specific requirements, strategic initiatives, market expansion, and new lines of business.
Analyze, organize, and distribute information about insurance industry developments, including department of insurance bulletins, enacted legislation, and information from regulatory and non-regulatory authorities such as APCIA.
Provide practical, risk-based legal advice balancing regulatory compliance, business objectives, operational efficiency, and customer needs.
Monitor and assess underwriting operations to help ensure compliance with applicable regulatory requirements.
Review, revise, and evaluate underwriting compliance programs in accordance with regulatory expectations and industry best practices.
Support identification, implementation, and communication of operational and product changes required by regulatory authorities and industry standards.
Develop and administer internal training on insurance compliance requirements as needed.
Research and respond to internal business-unit questions concerning regulations, legislation, insurance department policies and positions, commercial deregulation, cancellation and nonrenewal, and other compliance matters.
Review and approve product-, coverage-, and underwriting-related marketing materials before distribution to ensure legal, regulatory, and compliance standards are met.
Provide comprehensive legal review of underwriting guidelines.
Collaborate with agency distribution and business teams on producer, agency, and distribution compliance requirements.
Assist with reviews to ensure corporate regulatory policies and procedures affecting all lines of business are documented, implemented, and communicated to relevant internal and external parties.
Support corporate governance, Enterprise Risk Management, internal audit activities, market conduct examinations, financial examinations, and other regulatory reviews affecting the organization.
Perform other duties as assigned.