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Sompo

AVP, Product and Regulatory Counsel

Sompo, Purchase, New York, United States, 10577

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Overview AVP, Product and Regulatory Counsel

to provide legal support to the North America Insurance Property and Casualty underwriting teams.

What you’ll do

Draft property and casualty policy forms and endorsements.

Advise underwriters regarding property and casualty policy terms, coverage issues, and related legal issues.

Assist underwriters in the negotiation of product coverage terms.

Review and approve legal documents such as non-disclosure agreements (NDAs) and warranty statements.

Collaborate with various functional areas across the organization, including underwriting, claims, risk control, actuarial, legal, marketing, and regulatory compliance in creating products.

Provide product-related regulatory and compliance support.

Identify opportunities for, and contribute to, continual improvement of team processes.

Other duties as determined by management.

What You’ll Bring

Juris Doctor degree required.

Minimum of five (5) years of relevant experience at an insurance company or combination of in-house and law firm experience.

Knowledge of ISO, AAIS and/or NCCI Products preferred.

Outstanding legal writing skills. Candidates may be asked to provide a writing sample.

Excellent analytical reasoning and problem-solving skills.

Exceptional attention to detail.

Strong organizational and time management skills.

Ability to make decisions with limited information.

Excellent spoken and written communication skills, including the ability to communicate effectively to both technical and non-technical audiences.

Property and casualty policy form drafting experience is a plus.

Regulatory expertise relating to product filings and state required policy provisions is a plus.

Ability to work independently and as part of a cross-functional team.

Strong commitment to providing superior client service.

Salary Salary Range: $130,000 – $175,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

Benefits and About Sompo

Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution

Pharmacy benefits with mail order options

Dental benefits including orthodontia benefits for adults and children

Vision benefits

Health Care & Dependent Care Flexible Spending Accounts

Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children

Company-paid Disability benefits with very competitive salary continuation payments

401(k) Retirement Savings Plan with competitive employer contributions

Competitive paid-time-off programs, including company-paid holidays

Competitive Parental Leave Benefits & Adoption Assistance program

Employee Assistance Program

Tax-Free Commuter Benefit

Tution Reimbursement & Professional Qualification benefits

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.

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