Arch Capital Group Ltd.

VP, Product Development Attorney, P&C Lines

Arch Capital Group Ltd.

full-time

Posted on:

Location Type: Hybrid

Location: Jersey CityConnecticutIllinoisUnited States

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Salary

💰 $166,900 - $225,300 per year

Job Level

About the role

  • Drive the design, development, and enhancement of insurance products and forms across multiple lines of business
  • Collaborate with Underwriting, Product Line Management, Compliance, Claims, and Actuarial teams
  • Manage a team of attorneys and drafters overseeing product lifecycle management
  • Lead the development, implementation, and communication of form development for General Liability, Commercial Automobile, Commercial Umbrella/Excess, and Commercial Property/Inland Marine products
  • Provide legal oversight and subject matter expertise for drafting policy form language and preparing coverage analyses
  • Partner with Compliance to support forms filings
  • Engage, manage, and maintain relationships with various stakeholders to monitor and share knowledge

Requirements

  • Juris Doctor (JD); admitted to a state bar in good standing
  • Minimum 10 years of experience in insurance product development, underwriting, regulatory legal, or related fields
  • Detailed technical knowledge of General Liability, Umbrella/Excess, Commercial Automobile and Commercial Property/Inland Marine with the ability to advise, train, and manage staff
  • Hands-on experience and strong aptitude with Microsoft Word, Excel, SharePoint and PowerPoint
  • Strong problem-solving, critical thinking, analytical, organizational, and time management skills; ability to analyze, organize, and present information clearly
  • Exceptional written and verbal communication, influencing, negotiating, listening, and interpersonal skills.
Benefits
  • multiple medical plans plus dental, vision and prescription drug coverage
  • a competitive 401k with generous matching
  • PTO beginning at 20 days per year
  • up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
  • basic Life and AD&D Insurance as well as Short and Long-Term Disability
  • Paid Parental Leave of up to 10 weeks
  • Student Loan Assistance and Tuition Reimbursement
  • Backup Child and Elder Care
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
insurance product developmentregulatory legalpolicy form draftingcoverage analysisproduct lifecycle managementGeneral LiabilityCommercial AutomobileCommercial Umbrella/ExcessCommercial PropertyInland Marine
Soft Skills
problem-solvingcritical thinkinganalytical skillsorganizational skillstime managementwritten communicationverbal communicationinfluencingnegotiatinginterpersonal skills
Certifications
Juris Doctor (JD)admitted to a state bar