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MSIG USA provides comprehensive commercial property and casualty insurance solutions tailored to meet the evolving risks of businesses across the United States.
Product Counsel - Specialty Lines
Location
United States
Posted
104 days ago
Salary
0
No structured requirement data.
Job Description
Product Counsel - Specialty Lines
MSIG USA
This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description We are seeking an experienced insurance product drafting attorney to support the development, drafting, and maintenance of specialty insurance products, with a primary focus on Management Liability and Professional Liability. In this role, you will work closely with underwriting, state filings, actuarial, claims, and regulatory and compliance teams to draft, review, and enhance policy forms, endorsements, and related product documentation. This is a non-managerial, individual contributor role focused on technical drafting, product support, and collaboration across the product lifecycle. Key Responsibilities - Policy Drafting & Review: Draft, review, and revise specialty insurance policies, endorsements, and related forms for management liability and professional liability products, ensuring clarity, internal consistency, and alignment with underwriting intent. - Specialty Product Development: 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. - Regulatory & Compliance Support: Support the product filing process by working with compliance and regulatory teams to prepare, revise, and respond to form-related filings, objections, and inquiries. - Competitive & Market Analysis: Review and analyze competitor policy language and industry trends to identify opportunities for product enhancement, differentiation, and risk management. - Coverage Guidance & Training: 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. - Stakeholder Collaboration: Collaborate cross-functionally with underwriting, state filings, actuarial, claims, and regulatory and compliance teams stakeholders to support products throughout the lifecycle. - Continuous Improvement: Contribute to ongoing refinement of drafting standards, templates, and internal processes to promote consistency, efficiency, and technical excellence in specialty product development. Qualifications - 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. - Ability to translate underwriting intent and risk considerations into clear, effective policy language. - 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. - Active membership in good standing with at least one U.S. state bar. - Experience supporting admitted and/or non-admitted (E&S) specialty products. - Familiarity with form filing processes, state insurance regulatory requirements, and responding to DOI objections. - Experience reviewing claims trends or coverage disputes to inform product language improvements. - Comfort working independently in a pure individual contributor role with responsibility for assigned product areas. Requirements - The estimated salary range for this position is $190,000.00 - $220,000.00 per year. 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.
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.
- Ability to translate underwriting intent and risk considerations into clear, effective policy language.
- 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.
- Active membership in good standing with at least one U.S. state bar.
- Experience supporting admitted and/or non-admitted (E&S) specialty products.
- Familiarity with form filing processes, state insurance regulatory requirements, and responding to DOI objections.
- Experience reviewing claims trends or coverage disputes to inform product language improvements.
- Comfort working independently in a pure individual contributor role with responsibility for assigned product areas.
- The estimated salary range for this position is $190,000.00 - $220,000.00 per year.
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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