Product Counsel – Specialty Lines, P&C Insurance Experience Required

General CounselGeneral CounselFull TimeRemoteSeniorTeam 201-500H1B No SponsorCompany SiteLinkedIn

Location

Illinois

Posted

8 days ago

Salary

$190K - $220K / year

Seniority

Senior

Professional Certificate3 yrs expEnglish

Job Description

• Draft, review, and revise specialty insurance policies, endorsements, and related forms for management liability and professional liability products, including D&O, EPL, Fiduciary, Crime, and E&O, ensuring clarity, internal consistency, and alignment with underwriting intent. • Partner with underwriting to develop new products and coverage enhancements, and to update existing forms in response to market developments, claims experience, and legal or regulatory changes. • Support the product filing process by working with compliance and regulatory teams to prepare, revise, and respond to form-related filings, objections, and inquiries. • Review and analyze competitor policy language and industry trends to identify opportunities for product enhancement, differentiation, and risk management. • Provide technical guidance to underwriting and claims teams regarding policy language, coverage intent, and application of forms; assist with internal training related to specialty products and form changes. • Collaborate cross-functionally with underwriting, state filings, actuarial, claims, and regulatory and compliance teams stakeholders to support products throughout the lifecycle—from concept and drafting through filing, implementation, and ongoing maintenance. • Contribute to ongoing refinement of drafting standards, templates, and internal processes to promote consistency, efficiency, and technical excellence in specialty product development.

Job Requirements

  • Juris Doctor (JD) degree from an accredited law school.
  • 3–5 years of experience specifically in insurance product drafting and development.
  • Hands-on experience drafting and revising policy forms and endorsements for specialty products, with emphasis on management liability and professional liability lines.
  • Strong technical drafting, analytical, and issue-spotting skills.
  • Excellent written and verbal communication skills.
  • Proven ability to collaborate effectively with cross-functional business partners.
  • Highly detail-oriented with strong organizational and project management skills.
  • Ability to translate underwriting intent and risk considerations into clear, effective policy language.
  • Licensing: Active membership in good standing with at least one U.S. state bar.

Benefits

  • Healthcare and Retirement Benefits
  • Comprehensive medical, dental, and vision coverage
  • 401(k) with a generous employer match and profit-sharing contribution
  • Wellness incentive program
  • Life and accidental death and dismemberment (AD&D) insurance
  • Flexible spending programs
  • Short-term and long-term disability plans
  • Paid time off program
  • Paid charitable leave
  • Paid parental leave
  • Tuition reimbursement program
  • Personal insurance (auto/homeowners) discounts

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