Msigna
Product Counsel - Specialty Lines (Cyber & Financial Lines Insurance Experience
IL-Chicago, USA
Sponsorship not specified$190k-$220kDetected 33 days ago
Project ManagementCommunicationCollaborationActuarial ScienceUnderwriting
About the role
- MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world's top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions.
- Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business's unique risks.
- 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.
Responsibilities
- 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.
- 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.
Requirements
- Juris Doctor (JD) degree from an accredited law school.
- 3-5 years of experience specifically in insurance product drafting and development.
- Ability to translate underwriting intent and risk considerations into clear, effective policy language.
- The ideal candidate must have hands-on experience drafting specialty insurance products and a strong understanding of the legal, regulatory, and market considerations that impact specialty product 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.
- Licensing:
- Active membership in good standing with at least one U.S. state bar.
Nice to have
- 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.
- Comfort working independently in a pure individual contributor role with responsibility for assigned product areas.
- Life and accidental death and dismemberment (AD&D) insurance
Compensation
- The estimated salary range for this position is $190,000.00 - $220,000.00 per year.
- This is a good-faith assessment of the salary range for this position only.
- In determining the actual salary within this range, MSIG USA will consider a candidate's relevant experience, location, and other job-related factors.
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
- Flexible spending programs
- Short-term and long-term disability plans
- Paid time off program
- Paid charitable leave
- Paid parental leave
- Tuition reimbursement program
- Additional Benefit Programs
- 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.
- 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.
Visa & Work Authorization
- icy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orient
This listing is sourced directly from Msigna's careers page and normalized into a canonical job model.