Hybrid VP, Product Development Attorney, P&C Lines

at Arch Capital Group Ltd.

• Job title: VP, Product Development Attorney, P&C Lines
• Job type: Full Time
• Experience level: Lead
• Salary: $166,900 - $225,300 per year
• Degree requirement: Professional Certificate
• Location requirements: Hybrid, Jersey City, United States

About the role

• VP of Product Development driving insurance product innovation and form compliance. Collaborating across departments and managing a team to align with corporate objectives.

Responsibilities

• Drive the design, development, and enhancement of insurance products and forms across multiple lines of business
• Collaborate with Underwriting, Product Line Management, Compliance, Claims, and Actuarial teams
• Manage a team of attorneys and drafters overseeing product lifecycle management
• Lead the development, implementation, and communication of form development for General Liability, Commercial Automobile, Commercial Umbrella/Excess, and Commercial Property/Inland Marine products
• Provide legal oversight and subject matter expertise for drafting policy form language and preparing coverage analyses
• Partner with Compliance to support forms filings
• Engage, manage, and maintain relationships with various stakeholders to monitor and share knowledge

Requirements

• Juris Doctor (JD); admitted to a state bar in good standing
• Minimum 10 years of experience in insurance product development, underwriting, regulatory legal, or related fields
• Detailed technical knowledge of General Liability, Umbrella/Excess, Commercial Automobile and Commercial Property/Inland Marine with the ability to advise, train, and manage staff
• Hands-on experience and strong aptitude with Microsoft Word, Excel, SharePoint and PowerPoint
• Strong problem-solving, critical thinking, analytical, organizational, and time management skills; ability to analyze, organize, and present information clearly
• Exceptional written and verbal communication, influencing, negotiating, listening, and interpersonal skills.

Benefits

• multiple medical plans plus dental, vision and prescription drug coverage
• a competitive 401k with generous matching
• PTO beginning at 20 days per year
• up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
• basic Life and AD&D Insurance as well as Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance and Tuition Reimbursement
• Backup Child and Elder Care