Assistant Vice President, Product Development Attorney, Cyber & Professional Liability

Job not on LinkedIn

🔥 0 minutes ago

🌽 Illinois, New York – Remote

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💵 $133.3k - $207k / year

⏰ Full Time

🔴 Lead

👔 Vice President

👻 Ghost score 1%

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Logo of Arch Capital Group Ltd.

Arch Capital Group Ltd.

5001 - 10000 employees

Founded 2001

💼 Consulting

📦 Logistics

🛡️ Insurance

Consulting • Logistics • Insurance

Arch Capital Group Ltd. is a global leader in providing specialty insurance, reinsurance, and mortgage insurance solutions. Arch offers risk management and risk financing services across a range of industries and operates through distinct businesses in North America, Europe, and Australia. The company is known for its innovative approach to risk, utilizing cutting-edge analysis to target and price risks effectively. Arch Capital Group's portfolio and operations reflect their commitment to sustainability and governance while continually seeking new market opportunities. Additionally, Arch Capital is recognized for its financial strength and increasing shareholder value through strategic growth and investments.

📋 Description

• Drive the design, development, and enhancement of Cyber and Professional Liability insurance products and forms • Review, draft, and create insurance coverage forms for Cyber and Professional Liability products • Provide legal oversight and subject matter expertise for policy form language and coverage analyses • Collaborate with Underwriting, Claims, Compliance, Actuarial, and third-party business partners • Ensure products remain competitive, compliant, profitable, and aligned with corporate objectives • Identify and implement best practices for consistent form development and compliance • Leverage resources, technology, and processes to innovate the form development process • Partner with Compliance to support forms filings and provide forms-related guidance • Manage stakeholder relationships and monitor market trends, regulatory impacts, legal changes, and loss developments

🎯 Requirements

• Juris Doctor (JD) • Admitted to a state bar in good standing • Minimum 3–5 years of experience in insurance product development, underwriting, regulatory legal, or related fields • Detailed technical knowledge of Cyber products, including first-party, third-party, and crime coverages • Detailed technical knowledge of professional liability products • Strong written and verbal communication, influencing, negotiating, listening, and interpersonal skills • Strong problem-solving, critical thinking, analytical, organizational, and time management skills • Ability to analyze, organize, and present information clearly • Ability to participate in active strategic discussions • Ability to work independently and in a team environment • Ability to manage projects from concept to fruition with minimal oversight • Willing and able to travel approximately 15–20%

🏖️ Benefits

• Multiple medical plans • Dental, vision and prescription drug coverage • Competitive 401k with generous matching • PTO beginning at 20 days per year • Up to 12 paid company holidays per year • 2 paid days of Volunteer Time Off • Basic Life and AD&D Insurance • Short- and Long-Term Disability • Paid Parental Leave of up to 10 weeks • Student Loan Assistance • Tuition Reimbursement • Backup Child and Elder Care

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