Underwriting Counsel jobs in United States
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Ethos Specialty Insurance Services LP · 13 hours ago

Underwriting Counsel

Ethos Specialty Insurance Services, a Bishop Street Underwriters Company, is seeking an Underwriting Counsel to draft policy wording and related documents for Transactional Liability insurance products. The role involves advising on compliance and coverage matters while working closely with the senior underwriting team.

Financial ServicesInsuranceInsurTech

Responsibilities

Drafting and negotiating policy language for primary and excess buyer and seller-side Representation and Warranties Insurance policies and Tax Liability Insurance policies
Advising Ethos underwriters regarding policy terms and coverage issues and providing related legal analysis, including analysing and interpreting applicable federal and state/provincial laws, regulations, legislative developments, case decisions, and claims verdicts
Maintaining coverage forms, endorsements, quote and binder templates for transactional liability insurance products
Ensuring compliance with contractual and regulatory/legal requirements, from development of internal guidance and implementation of operational processes and oversight of the policy issuance process
Drafting and negotiating non-disclosure agreements, engagement letters, and other various contracts in support of underwriting team
Participating in internal and external audits in tandem with underwriting team and provide regulatory/compliance feedback as needed
Performing recurring and annual filing and reporting obligations to regulators, backing carriers and other insurance partners

Qualification

J.D. degreeInsurance law experienceCorporate finance experienceM&A transaction knowledgeRegulatory knowledgeNegotiating skillsAnalytical mindsetAttention to detailInterpersonal skillsTime management

Required

J.D. from an ABA accredited law school required or equivalent degree
Minimum of 2-5 years of experience in insurance law, corporate finance or other relevant M&A deal experience
Specific experience with insurance sector or other financial institutions a strong plus
Strong written skills and attention to detail; extremely proficient in drafting of legal and commercial documents
Strong familiarity with complex corporate structuring, financing arrangements, and tax issues
Ability to negotiate with commercially and legally sophisticated advisors and clients
Highly focused, enthusiastic and creative thinker and self-starter
Strong interpersonal skills and ability to collaboratively work as part of a growing, cross-functional team
Ability to work in a fast paced/time pressurized environment, with strong time management and organizational skills
Analytical mindset with an ability to synthesize complex information and present clear, actionable recommendations
High competency in understanding complex corporate M&A transactions and drafting transaction documents
Strong negotiating skills
Specific knowledge of transactional legal exposures (warranty breaches, tax structuring issues, litigation and computation and measure of damages)
Knowledge of regulatory and legal landscape applicable to insurance products in the United States and Canada

Preferred

Familiarity with R&W insurance policies is a plus
Location near our New York or Toronto office locations preferred for hybrid working model

Company

Ethos Specialty Insurance Services LP

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Ethos Specialty’s Transactional Liability team offers multiple solutions including Representations and Warranties (R&W) and Tax insurance.

Funding

Current Stage
Early Stage

Leadership Team

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Nick Greggains
Chief Executive Officer
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Brian Thede
Senior Vice President, Healthcare Representation, and Warranty Insurance
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Company data provided by crunchbase