Product Counsel - Specialty Lines (Cyber & Financial Lines Insurance Experience Required)

MSIG USA•Chicago, IL

8d•$190,000 - $220,000•Remote

About The Position

MSIG USA is seeking an experienced insurance product drafting attorney to support the development, drafting, and maintenance of specialty insurance products, with a primary focus on Cyber, Management Liability and Professional Liability. In this role, you will work closely with underwriting, state filings, actuarial, claims, and regulatory and compliance teams to draft, review, and enhance policy forms, endorsements, and related product documentation. The ideal candidate must have hands-on experience drafting specialty insurance products and a strong understanding of the legal, regulatory, and market considerations that impact specialty product development. This is a non-managerial, individual contributor role focused on technical drafting, product support, and collaboration across the product lifecycle.

Requirements

Juris Doctor (JD) degree from an accredited law school.
3–5 years of experience specifically in insurance product drafting and development.
Hands-on experience drafting and revising policy forms and endorsements for specialty products, with emphasis on management liability and professional liability lines.
Strong technical drafting, analytical, and issue-spotting skills.
Excellent written and verbal communication skills.
Proven ability to collaborate effectively with cross-functional business partners.
Highly detail-oriented with strong organizational and project management skills.
Ability to translate underwriting intent and risk considerations into clear, effective policy language.
Active membership in good standing with at least one U.S. state bar.

Nice To Haves

Experience supporting admitted and/or non-admitted (E&S) specialty products.
Familiarity with form filing processes, state insurance regulatory requirements, and responding to DOI objections.
Experience reviewing claims trends or coverage disputes to inform product language improvements.
Comfort working independently in a pure individual contributor role with responsibility for assigned product areas.

Responsibilities

Draft, review, and revise specialty insurance policies, endorsements, and related forms for cyber, management liability and professional liability products, including D&O, EPL, Fiduciary, Crime, and E&O, ensuring clarity, internal consistency, and alignment with underwriting intent.
Partner with underwriting to develop new products and coverage enhancements, and to update existing forms in response to market developments, claims experience, and legal or regulatory changes.
Support the product filing process by working with compliance and regulatory teams to prepare, revise, and respond to form-related filings, objections, and inquiries.
Review and analyze competitor policy language and industry trends to identify opportunities for product enhancement, differentiation, and risk management.
Provide technical guidance to underwriting and claims teams regarding policy language, coverage intent, and application of forms; assist with internal training related to specialty products and form changes.
Collaborate cross-functionally with underwriting, state filings, actuarial, claims, and regulatory and compliance teams stakeholders to support products throughout the lifecycle—from concept and drafting through filing, implementation, and ongoing maintenance.
Contribute to ongoing refinement of drafting standards, templates, and internal processes to promote consistency, efficiency, and technical excellence in specialty product development.