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Hudson Insurance Group · 1 day ago

Legal Counsel, Financial Line, Underwriting

New York, NY

Full-time

Onsite

Mid, Senior Level

$145K/yr - $215K/yr

Hudson Insurance Group is a market-leading specialty insurer headquartered in New York City. They are seeking a highly skilled Underwriting Legal Counsel, Financial Lines to provide legal counsel on financial lines insurance policies, draft essential documents, and collaborate with various stakeholders in the insurance industry.

Financial ServicesInsurance

Responsibilities

Provide legal counsel to support the HudsonPro underwriting business, focusing on Director & Officers Liability, Employment Practices Liability, Financial Institutions, Cyber and other management and professional liability policies

Advise underwriters on coverage options and implications related to financial institutions, private, and not-for-profit organizations

Communicate with business partners, underwriting teams, claims professionals, and Legal and Compliance colleagues to relay information on coverage developments, industry trends, and new exposures in management and professional liability

Develop, draft, review, and revise new and existing financial lines insurance products, including policies, endorsements, contracts, marketing materials, and ancillary documents

Analyze and interpret applicable federal and state laws, regulations, legislative developments, case decisions, and claims verdicts relating to financial lines to provide comprehensive legal guidance

Stay informed of industry advancements and emerging trends to ensure responsiveness to evolving client needs and regulatory environments

Foster strong relationships with internal and external stakeholders, maintaining open lines of communication to facilitate effective decision-making

Qualification

Insurance law expertiseDrafting insurance policiesFinancial lines insuranceLegal compliance knowledgeAnalytical mindsetInterpersonal skillsCommunication skillsProblem-solving skillsNegotiation skillsTeamwork

Required

Strong background in insurance law, specializing in management and professional liability coverage

Advise underwriters on coverage options and implications related to financial institutions, private, and not-for-profit organizations

Develop, draft, review, and revise new and existing financial lines insurance products, including policies, endorsements, contracts, marketing materials, and ancillary documents

Analyze and interpret applicable federal and state laws, regulations, legislative developments, case decisions, and claims verdicts relating to financial lines to provide comprehensive legal guidance

Stay informed of industry advancements and emerging trends to ensure responsiveness to evolving client needs and regulatory environments

Foster strong relationships with internal and external stakeholders, maintaining open lines of communication to facilitate effective decision-making

Proven expertise in drafting and interpreting insurance policies and endorsements, with a solid understanding of the necessary legal requirements

Strong comprehension of the insurance industry landscape, client needs, and business objectives, enabling the provision of insightful consultation and achieving positive results

Exceptional interpersonal and communication skills, capable of effectively engaging with diverse constituents, including clients, colleagues, and industry professionals

Demonstrated track record of achieving results through collaboration, teamwork, problem-solving, and negotiation in high-pressure environments

Analytical mindset with an ability to synthesize complex information and present clear, actionable recommendations

High degree of professionalism, integrity, and ethical judgment in all interactions and dealings