Legal Counsel
Elevance Health
Product Counsel - P&C Insurance Experience Required
MSIG USA
full-time
Posted on:
Location: Illinois • 🇺🇸 United States
Visit company websiteJob Level
SeniorLead
About the role
- Policy Drafting & Review: Draft, review, and amend insurance policies, endorsements, and related documents to ensure clarity, compliance, and alignment with underwriting intent.
- Product Development Collaboration: Work closely with underwriting and product development teams to create and refine insurance products, ensuring they meet market needs and regulatory standards.
- Competitive Analysis: Analyze competitor insurance policies to provide insights and recommendations for product enhancements and differentiation.
- Training & Guidance: Provide training and guidance to underwriting, claims, and other internal teams on policy language, coverage intent, and regulatory requirements.
- Stakeholder Engagement: Build and maintain collaborative relationships with internal stakeholders, including underwriting, actuarial, claims, and regulatory teams, to support product development initiatives.
- Continuous Improvement: Contribute to continuous improvement strategies to position the company as a technical leader in the underwriting domain.
Requirements
- Juris Doctor (JD) degree from an accredited law school.
- 8–10 years of experience in insurance law, with a focus on product development, underwriting, or claims.
- Strong analytical and problem-solving abilities.
- Excellent written and verbal communication skills.
- Ability to collaborate effectively with cross-functional teams.
- Active membership in a state bar association.
- Preferred: Experience with P&C and Specialty products; familiarity with form/rate filing processes and regulatory requirements; proficiency in enhancing existing processes and feedback loops.
