Mid-level attorney to work with Arch’s Enterprise Product Development team within Corporate Underwriting Services (CUS).
A Product Development attorney in Arch Insurance’s Enterprise Product Development group is responsible for drafting and reviewing insurance policy language that meets the company’s needs.
We are seeking a mid-level attorney to work in Arch Insurance’s Product Development team within Corporate Underwriting Services (CUS) to service Arch Insurance’s Executive Assurance division.
The Executive Assuance division of Arch Insurance has a team of underwriting professionals that specialize in providing Management Liability Insurance to a broad range of industries. These divisions are divided into specialty units: Large Commercial Group, Financial Institutions and Financial Servcies, Alternative Asset Proection, Growth and Middle Market, and Non-Profit.
7 - 10 years of commercial insurance contract drafting with strong understanding of D&O insurance coverages and marketplace.
Strong analytical skills and attention to detail.
Thorough understanding of insurance contract language and legal precedent.
Ability to manage projects from concept to fruition with minimal oversight.
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
Review, draft and create insurance policies and related forms for Directors & Officers, Employment Practices Liability, Fiduciary Liability, Fidelity/Commercial Crime, Kidnap & Ransom, Professional Liability, and associated insurance products in the admitted and non-admitted marketplaces.
Communicate and collaborate with Underwriters, Managers, Claim Attorneys, and Compliance to ensure products remain competitive while protecting profitability.
Draft and/or facilitate responses to insurance department inquiries regarding form-related matters including the development of state amendatory and other form adjustments to meet department requests specific to the Arch business unit.
Interact with state Insurance and Financial related regulatory agencies as requested by Arch Compliance department in conjunction with the Arch business unit.
Help business unit identify and prioritize product development needs.
Remain apprised of and monitor U.S. case law, regulations, legal trends and emerging issues affecting insurance coverage
Internal Number: 2019-2915
About Arch Insurance Group Inc.
Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in North America, Europe and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten years of operating history and strong financial ratings, our track record remains solid.
Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.
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