Associate Vice President, Product Development Attorney
About the Company
Reputable property & life insurance company
Industry
Insurance
Type
Privately Held
About the Role
The Company is in search of an Associate Vice President - Product Development Attorney to join their legal department. The successful candidate will be responsible for developing and refining insurance product wordings and coverage to meet the dynamic needs of the market and regulatory landscape. This role involves handling complex insurance matters, providing expert legal advice, and working closely with cross-functional teams to ensure that new products comply with both internal and external legal and regulatory standards. The ideal candidate will have a background in product drafting within insurance policies, with a preference for those experienced in inland marine lines, and a proven track record in managing contentious insurance cases.
Key skills for this position include a deep knowledge of insurance product wordings and coverage, excellent analytical, negotiation, and communication skills, and the ability to work effectively in a high-pressure environment. The role also requires a proactive approach to identifying and resolving legal issues and the ability to evaluate and mitigate potential legal risks associated with new product lines. The candidate should be adept at staying informed about industry-wide changes and be prepared to adapt strategies to maintain a competitive edge and ensure compliance. A legal professional with a strong background in insurance law and a passion for contributing to the development of innovative insurance products will find this opportunity at the company to be both challenging and rewarding.
Travel Percent
Less than 10%
Functions
Vice President Development • Hartford, CT, United States