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Senior Legal Counsel for Product Development

2 months ago

Saint Albans, Vermont, United States Larson Maddox Full time
Job Title: VP, Head of P&C Legal

Larson Maddox is seeking a highly skilled and experienced Vice President of Product & Compliance Legal to support the continued success and development of our product offerings.

Key Responsibilities:
  • Provide strategic legal guidance and support for new product initiatives, ensuring alignment with legal and regulatory requirements.
  • Advise on and manage legal aspects of product launches, including the evaluation of regulatory changes and their impact on existing and new products.
  • Collaborate closely with product development teams to identify legal risks and develop strategies to mitigate them.
  • Oversee and ensure compliance with relevant insurance regulations and industry standards for all products.
  • Manage relationships with regulatory agencies, ensuring effective communication and resolution of compliance issues.
  • Monitor and interpret regulatory developments and provide proactive advice to the product teams on necessary adjustments or compliance measures.
  • Develop and implement legal strategies to support the successful introduction and growth of insurance products in the market.
  • Provide training and guidance to internal teams on compliance matters related to product development and management.
  • Collaborate with external legal counsel as needed to address complex legal issues and regulatory challenges.
Requirements:
  • Juris Doctor (JD) degree from an accredited law school.
  • Minimum of 6 years of relevant experience in legal support for P&C insurance products, with a strong understanding of insurance regulations and compliance.
  • Proven expertise in managing legal aspects of product development and regulatory compliance within the insurance industry.
  • Excellent analytical, negotiation, and communication skills.
  • Ability to work collaboratively across departments and provide strategic legal counsel to support business objectives.
  • Demonstrated ability to navigate complex regulatory environments and provide actionable legal solutions.