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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, P&C Insurance Experience Required
Location
Illinois
Posted
103 days ago
Salary
$190K - $220K / year
Seniority
Senior
Job Description
Product Counsel – Specialty Lines, P&C Insurance Experience Required
MSIG USA
• 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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