Description:

Senior level individual contributor role responsible for developing, drafting, and delivering contract language for specialty products. Consults and influences the strategy related to drafting policies, creating coverage enhancements and endorsements, writing manuscript endorsements, and meeting regulatory and filing requirements. Participates and leads in identification, development, and implementation of corporate wide initiatives based on product/legal trends.

Job Description:
Essential Duties & Responsibilities:

Performs a combination of duties in accordance with departmental guidelines:

Provides business partners and functional subject matter experts guidance and business insights in the language development and delivery of products throughout the product life cycle.
Participates with senior leadership in the development and implementation of business strategies and goals, regularly evaluating performance against goals, and holding self accountable for achieving desired results.
Leads the responses to state inquiries and objections by researching concerns, developing alternatives, and confirming resolution with all parties.
Owns drafting terms and conditions process by working closely with the product team to align on policy wording and/or risk management to understand how unique exposures should be addressed in the product.
Remains up-to-date on regulatory developments and trends in order to create product strategies and innovate coverage approaches in response to emerging risks.
Drives ongoing compliance by monitoring regulatory environment for area(s) of responsibility, researching insurance regulations and statutes, and updating polices and forms as needed.
Leads compliance-related reviews, including state regulatory exams and DOI inquiries by researching internal practices, managing and responding to form and endorsement inquiries, and making necessary adjustments as necessary.
Ensures accuracy and compliance of product-coverage related marketing materials, risk-management presentations and articles by reviewing and approving prior to use.
Leads special projects as needed and may mentor other team members.

Reporting Relationship:
Typically Director or above.

Skills, Knowledge & Abilities:

Expert knowledge of the insurance business including product development, policy and endorsement language, underwriting, claim, legal, and regulatory knowledge.
Expertise in specialty insurance contracts, coverage, and regulatory issues.
Excellent verbal and written communication skills.
The ability to develop collaborative working relationships, articulate complex information, analysis, and recommendations in a concise manner to senior management and external parties.
Demonstrated problem solving mindset with critical thinking skills and ability to effectively research, evaluate and resolve ambiguous, complex and challenging business problems.
Strong work ethic, with demonstrated time management, organizational skills, and an ability to independently drive short-term projects in a fast-paced environment.
Knowledge of Microsoft Office Suite and ability to learn business-related tools and software.
Demonstrated ability to value diverse opinions and ideas.

Education & Experience:

Juris Doctor and bar admission in a jurisdiction required.
Typically a minimum of seven years related work experience in specialty insurance, underwriting, and contract drafting.
Drafting experience preferred.
CPCU preferred.