Nexus Underwriting
Base pay range
$100,000.00/yr - $150,000.00/yr Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Nexus Specialty Inc.
is looking for an experienced attorney to serve as
Underwriting Counsel
to join our growing team in
Chicago, IL ! The Underwriting Counsel will collaborate closely with underwriting, claims, and regulatory teams to draft, review, and enhance insurance policies, endorsements, and related forms. This position will meaningfully impact the growth and success of the US business units and contribute as a leader within the US leadership team.
How You Will Contribute
Work closely with underwriting teams to create and refine insurance products, ensuring they meet market needs and regulatory standards.
Work 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 and recommendations for product enhancements.
Draft manuscripts 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 on 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.
Skills & Experience to Be Successful
Familiarity with admitted and surplus lines-specific legal issues across property and casualty insurance products, the business of insurance and insurance regulation
3+ 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
Pay $100,000 - $150,000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
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.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Inferred from the description for this job United States $129,500 - $217,700 5 days ago
United States $175,000 - $225,000 2 days ago
Washington DC-Baltimore Area $350,000 - $550,000 3 weeks ago
Washington DC-Baltimore Area $200,000 - $400,000 3 weeks ago
United States $190,000 - $220,000 2 weeks ago
Corporate Attorney | Up to $260K Base + Bonus | New York (Remote)
Manhattan, NY $180,000 - $260,000 20 hours ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
$100,000.00/yr - $150,000.00/yr Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Nexus Specialty Inc.
is looking for an experienced attorney to serve as
Underwriting Counsel
to join our growing team in
Chicago, IL ! The Underwriting Counsel will collaborate closely with underwriting, claims, and regulatory teams to draft, review, and enhance insurance policies, endorsements, and related forms. This position will meaningfully impact the growth and success of the US business units and contribute as a leader within the US leadership team.
How You Will Contribute
Work closely with underwriting teams to create and refine insurance products, ensuring they meet market needs and regulatory standards.
Work 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 and recommendations for product enhancements.
Draft manuscripts 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 on 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.
Skills & Experience to Be Successful
Familiarity with admitted and surplus lines-specific legal issues across property and casualty insurance products, the business of insurance and insurance regulation
3+ 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
Pay $100,000 - $150,000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
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.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Inferred from the description for this job United States $129,500 - $217,700 5 days ago
United States $175,000 - $225,000 2 days ago
Washington DC-Baltimore Area $350,000 - $550,000 3 weeks ago
Washington DC-Baltimore Area $200,000 - $400,000 3 weeks ago
United States $190,000 - $220,000 2 weeks ago
Corporate Attorney | Up to $260K Base + Bonus | New York (Remote)
Manhattan, NY $180,000 - $260,000 20 hours ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr