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Product Regulatory Senior Counsel

2 months ago

DeWitt, United States CNA Full time
{"Job Summary

We are seeking a highly skilled Product Regulatory Senior Counsel to join our team at CNA. The successful candidate will be responsible for providing guidance and business insights to our business partners and functional subject matter experts in the development and delivery of products throughout the product life cycle.

" + "Key Responsibilities

* Provides business partners and functional subject matter experts with guidance and business insights in the language development and delivery of products throughout the product life cycle.
* Participates with senior leadership in the development and implementation of business strategies and goals, regularly evaluating performance against goals, and holding self accountable for achieving desired results.
* Leads the responses to state inquiries and objections by researching concerns, developing alternatives, and confirming resolution with all parties.
* Owns drafting terms and conditions process by working closely with the product team to align on policy wording and/or risk management to understand how unique exposures should be addressed in the product.
* Remains up-to-date on regulatory developments and trends in order to create product strategies and innovate coverage approaches in response to emerging risks.
* Drives ongoing compliance by monitoring regulatory environment for area(s) of responsibility, researching insurance regulations and statutes, and updating polices and forms as needed.
* Leads compliance-related reviews, including state regulatory exams and DOI inquiries by researching internal practices, managing and responding to form and endorsement inquiries, and making necessary adjustments as necessary.
* Ensures accuracy and compliance of product-coverage related marketing materials, risk-management presentations and articles by reviewing and approving prior to use.
* Leads special projects as needed and may mentor other team members.

" + "Requirements

* Juris Doctor and bar admission in a jurisdiction required.
* Typically a minimum of seven years related work experience in specialty insurance, underwriting, and contract drafting.
* Drafting experience preferred.
* CPCU preferred.

" + "What We Offer

* Competitive salary and benefits package.
* Opportunity to work with a leading insurance company.
* Collaborative and dynamic work environment.

"