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Product Development Attorney

Product Development Attorney

Job ID 
2017-1368
# of Openings 
1
Job Locations 
US-PA-Philadelphia
Category 
Corporate UW

More information about this job

Overview

Why Arch, you ask? That’s as obvious as asking why you need generous paid time off and a bonus! To complement these perks, we offer well rounded medical, dental and vision plans. Arch Insurance Group, an employee driven market-leading insurer provides property, casualty and specialty insurance services across the US. Our selfless environment strives to attract the most talented people in their fields so as to reward them with all of the good things in life: competitive salary, tuition assistance, comprehensive training programs, paid internships, rewards for passing Insurance and Actuarial designation exams, life insurance, 401(k) match plans...and much, much more!

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