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Product Development Attorney

US-IL-Chicago | US-MN-St. Paul
Job ID
2017-1368
# of Openings
1
Category
Corporate UW

Overview

 

Responsibilities

  • Review, draft and create insurance coverage forms for multiple business units and coverage lines, including standard P&C lines.
  • Communicate and collaborate with Underwriters, Managers, Claim Attorneys, Compliance and the 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.

 

Qualifications

  • 3-5 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
  • 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.
  • Member of a state bar in good standing

 

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