Product Counsel – Specialty Lines, P&C Insurance Experience Required
MSIG USA
full-time
Posted on:
Location Type: Remote
Location: Illinois • United States
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Salary
💰 $190,000 - $220,000 per year
About the role
- 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.
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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
insurance product draftingpolicy language analysistechnical draftingrisk managementpolicy form revisionendorsement draftingproduct developmentcompliance filinglegal analysisissue spotting
Soft Skills
written communicationverbal communicationcollaborationorganizational skillsproject managementattention to detailanalytical skillscross-functional teamworktraining and guidanceclarity in communication
Certifications
Juris Doctor (JD)active membership in U.S. state bar