Richmond National · 4 days ago
Product Compliance Counsel
Richmond National is seeking an attorney to join their Legal Department as Product Compliance Counsel. In this role, you will lead the design and production of commercial insurance products while ensuring compliance with regulatory requirements and collaborating with various internal stakeholders.
ConsultingInsuranceProperty Insurance
Responsibilities
Lead the drafting, review, revision, and production of policy forms, endorsements, and applications for new and existing commercial insurance products
Translate underwriting objectives and strategies into precise, legally sound policy language
Evaluate existing products and recommend enhancements based on case law developments, regulatory changes, and market trends
Partner with internal legal and compliance teams to ensure all products meet applicable regulatory requirements
Research and interpret state and federal insurance statutes and regulations as they apply to product design
Partner with internal stakeholders to align form language and risk appetite
Support underwriting and claims with coverage interpretations, training, and documentation
Collaborate with IT and operations teams to implement policy changes into systems and processes
Lead internal initiatives for product standardization, innovation pilots, or compliance audits
Serve as a key legal resource in product-related projects and internal audits
Qualification
Required
J.D. and active bar license required
3+ years of experience in insurance coverage, product development, regulatory, or contract drafting roles
Strong understanding of commercial lines insurance products and policy form structures
Proven ability to draft, analyze, and interpret insurance policy or contract language and related legal documents
Familiarity with insurance regulatory frameworks across states
Excellent analytical, writing, and communication skills
Strong proficiency with Microsoft Office
Preferred
Experience with contract language and interpretation from a regulatory and/or litigation perspective a plus
Familiarity with ISO forms a plus
Experience with contract lifecycle management tools a plus
Benefits
Medical, Dental, and Vision insurance plans. FSA/HSA plans available.
Basic Life/AD&D/Short Term/Long Term Disability coverage.
401(k) - Company match of up to 6%
Flexible PTO plan, 11 paid company-wide holidays, plus your birthday off.
Company
Richmond National
Richmond National is an insurance company that specializes in property, casualty, and professional liability solutions.
Funding
Current Stage
Growth StageTotal Funding
$210M2025-03-25Series Unknown· $55M
2024-05-20Series A· $55M
2023-04-03Series A· $30M
Recent News
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