Corporate Counsel managing corporate and securities matters for pioneering AI computing company. Leading legal due diligence and compliance in a high - growth environment.
About the role
- Experienced attorney serving as Underwriting Counsel for Nexus Specialty Inc. Collaborating on insurance policies, addressing regulatory challenges, and supporting underwriting teams.
Responsibilities
- Work closely with underwriting teams to create and refine insurance products, ensuring they meet market needs and regulatory standards.
- Work in conjunction with our carrier partners, confirm approved products for delegated authorities and program management agreements.
- Draft policy forms and endorsements for new products.
- Analyze competitor insurance policies for underwriting teams to provide insights/recommendations for product enhancements.
- Draft manuscript and bespoke endorsements.
- Coordinate admitted filing requests and liaise with carriers on admitted filing projects, including the drafting of state amendatory endorsements and notices.
- Maintain forms library for all underwriting teams.
- Participate in the IT implementation and testing of new products or forms in underwriting system.
- Provide training and guidance to underwriting and claims teams on policy language, coverage intent, and regulatory requirements.
- Stay current and emerging underwriting risk and coverage trends.
- Legal review of marketing materials, website and social media posts.
- Draft and maintain various NDA, warranty and notice document templates.
- Review insurance/reinsurance binders and contracts and amendments.
- Serve as licensing contact for all Nexus licenses (MGA, TPA, surplus lines).
- Review new program management and delegated authority agreements.
- Review new legislation and notice requirements and provide guidance to underwriting teams on compliance.
Requirements
- Familiarity with admitted and surplus lines-specific legal issues across property and casualty insurance products, the business of insurance and insurance regulation
- 5+ years of experience in either in-house counsel role at an insurance carrier/broker or a law firm
- Juris Doctor from an accredited law school and strong academic credentials
- Ability to work independently and collaborate effectively with colleagues across multiple departments
- Focused attention to detail and honed analytical, drafting and problem-solving skills.
Benefits
- Health Benefits : Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness : Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more.
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