drjobs Product Regulatory Sr. Counsel, Cyber/E&O

Product Regulatory Sr. Counsel, Cyber/E&O

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1 Vacancy
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Job Location drjobs

Warren - USA

Yearly Salary drjobs

$ 97000 - 189000

Vacancy

1 Vacancy

Job Description

You have a clear vision of where your career can go. And we have the leadership to help you get there.At CNA we strive to create a culture in which people know they matter and are part of something important ensuring the abilities of all employees are used to their fullest potential.

Develops drafts and delivers expertly worded contract language (policy/coverage forms and endorsements) to meet market demand and support corporate underwriting appetite while safeguarding CNAs financial assets.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • Develops revises and maintains policy forms and endorsements for all CNA Specialty product lines with special emphasis on Financial Lines Cyber Errors & Omissions and Media products and with the ability to support other business segments and product areas as needed. Responsible for overseeing the product through its lifecycle to meet the demands of the market regulatory environment and underwriting staff.
  • Cultivates deep expertise and thought leadership on Financial Lines products. Provides counsel to underwriters and product leaders on strategic issues associated with drafting policy forms and endorsements so as to meet their business objectives and satisfy all applicable regulatory requirements. Proactively identifies potential enhancements. Advise colleagues on coverage interpretations to assist Underwriting and Legal with issues raised by external partners or customers.
  • Reviews and approves product-related marketing material and risk management presentations and articles ensuring that it correctly reflects the product content and complies with all applicable insurance laws. Interfaces with Marketing Compliance Legal and Communications as appropriate.
  • Monitors evaluates and advises business areas regarding state/federal legislative and regulatory activity and industry developments as they impact product lines.
  • Participate in insurance product-related training and onboarding of underwriters and other personnel.

May perform additional duties as assigned.

Skills Knowledge & Abilities

  • Excellent knowledge of insurance business including: product development underwriting claim legal and regulatory.
  • In depth knowledge of insurance contracts (particularly Cyber E&O and other Specialty insurance contracts) coverage and regulatory issues etc.
  • Ability to problem-solve and analyze coverage issues.
  • Ability to resolve short term problems while supporting long-term objectives.
  • Strong interpersonal skills required to interact effectively with relevant business areas and external contacts.
  • Strong organizational skills.
  • Ability to handle difficult and sensitive situations.
  • Excellent computer skills including strong working knowledge in Microsoft Office Suite Adobe and other business related software systems.
  • Ability to prioritize and multi-task.

Education & Experience

  • Juris Doctor required and bar admission in a jurisdiction.
  • Typically a minimum of seven years related work experience reflecting a combination of insurance product drafting product development and/or coverage.

#LI-CP1

#LI-Hybrid

In certain jurisdictions CNA is legally required to include a reasonable estimate of the compensation for this District of Columbia California Colorado Connecticut Illinois Maryland Massachusetts New York and Washington the national base pay range for this job level is $97000 to $189000 determinations are based on various factors including but not limited to relevant work experience skills certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees and their family members achieve their physical financial emotional and social wellbeing goals. For a detailed look at CNAs benefits please visit.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation please contact.


Required Experience:

Senior IC

Employment Type

Full-Time

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