Oliver James · 18 hours ago
Director Product Development Counsel
New Jersey, United States
Full-time
Onsite
Lead/Staff, Director/Executive
3+ years expOliver James is seeking a Director Product Development Counsel to assist in the product development process. The role involves collaborating with underwriting, claims, and coverage teams to develop and draft new insurance products, as well as improving existing ones.
Staffing & Recruiting
Responsibilities
Assist in the product development process by working with underwriting, claims, and coverage teams to develop and draft new products, as well as improve existing products
Review and provide advice in connection with developing and drafting new insurance products and improving existing products
Advise on market standard offerings and opportunities for the carriers underwriting teams
Advise on specific implications of potential business decisions and initiatives to enhance opportunities and reduce business risk
Promote a consistent approach to coverage, coverage philosophy, coverage guidelines, and best practices
Provide counsel and strategic advice to business units and internal clients on all insurance product and regulatory related matters
Research, develop, and maintain policy forms and endorsements needed to support new and existing products
Monitor industry trends and changes in law impacting the relevant vertical markets
Liaise with regulatory and operations teams during the form filing process, lead response efforts to critiques and objections from regulators, and collaborate with underwriting, claims, and coverage teams as necessary to resolve any such issues
Ensure successful implementation of key technical initiatives by consulting with executives and other company leaders and implementing plans to improve business effectiveness
Identify and analyze complex legal issues and make solution-oriented recommendations in resolving such issues in conjunction with Product Development Team
Qualification
Required
3-6 years of experience in either a law firm or relevant in-house position with an insurance focus, insurance product development experience, or claims experience
Strong command of insurance coverage matters and coverage implications of policy wording
Strong experience with ISO, GL and Property forms
Highly organized, analytical, and detail-oriented
Ability to manage multiple projects in a dynamic environment
Strong interpersonal skills with a collaborative and energetic style are essential
Excellent writing and verbal communication skills and an eagerness to learn
Desire to learn and gain exposure to new areas
Preferred
JD is preferred
Company
Oliver James
At Oliver James, we deliver flexible hiring solutions tailored to your business needs across financial services, professional services, commerce & industry.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Alexia Bunker
VP - Client Partnerships
Dominic Reilly
Principal Business Partner
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