Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
The Counsel, Financial Lines position is responsible for supporting the Financial Lines underwriting business in North America with the primary responsibility of advising business clients on management and/or professional liability policies and coverage.
- Communicate effectively with business partners, underwriting, claims professionals and Legal and Compliance colleagues to provide clear guidance on coverage developments, industry trends and new exposures in management and/or professional liability.
- Develop, draft, review and revise new and existing financial lines insurance products, as well as endorsements, contracts, marketing materials and other ancillary documents associated with such policies.
- Review and interpret applicable federal and state laws and regulations, legislative developments, case decisions and claims verdicts pertaining to financial lines in order to provide comprehensive legal advice.
- Collaborate with management, underwriting, brokers and policyholders to negotiate coverage terms and conditions.
Qualifications:
- Law degree with at least 3-5 years of experience working in insurance law and specialty insurance (management liability, professional liability and/or financial institutions).
- Experience in policy and endorsement drafting.
- Demonstrated ability to understand the insurance industry, client needs, and business goals and provide sound consultation and achieve desired results.
- Have strong interpersonal and communication skills and the ability to effectively interact with a broad spectrum of constituencies.
- Have a proven track record of results achievement, collaboration, teamwork, problem solving, and negotiation skills.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.
The pay range for the role is $102,000 to $168,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found at https://careers.chubb.com/global/en/north-america. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.