Counsel Underwriting-USA-EX

Join Starr a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate make impactful decisions and build lasting client relationships worldwide. At Starr youll work in an entrepreneurial culture alongside accessible leaders leveraging our financial strength and vast industry experience to deliver solutions for our clients no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

The Underwriting Counsel will be responsible for assisting the client profit center(s) in the development of policy language for new products manuscript endorsements related to specific accounts as well as other specific underwriting addition the Underwriting Counsel will work in conjunction with clients in the development of coverage philosophy and approach to address changes in legal and economic environment and the impact on underwriting analysis. The Underwriting Counsel will also assist the client profit center(s) with various transactional matters including drafting and reviewing agency and program manager agreements producer agreements broker agreements nondisclosure agreements and other vendor or service-related agreements.

Duties and responsibilities of the position:

• Assist in the development of new products forms and services as required.

• Support for both admitted and nonadmitted products in both retail and wholesale channels.

• Assist in the processing of manuscript endorsements as required.

• Assist the client profit center(s) in addressing coverage issues raised in the underwriting and negotiation process to facilitate the successful closing of business opportunities.

• Participate in the development and execution of business development strategies.

• Remain current on industry and product-related claims and coverage issues that impact the business and communicate relevant developments to management and the underwriting team to ensure awareness and an adjustment of processes and protocols as needed. Assist where appropriate in the determination of underwriting philosophy based upon the changing legal environment.

• Attend client and broker meetings and handle client and broker conference calls as necessary.

• Assist in the training and development of underwriters on legal issues and developments to consider in the underwriting process.

• Assist in the underwriting compliance process to ensure proper handling of underwriting practices.

• Assist in the marketing of products and services offered.

• Assist the underwriting team in achieving service goals (quote bind policy issuance etc.) by providing timely responses to queries raised.

Qualifications:

The ideal candidate should have or be:

Bachelors degree from four-year college or university and JD degree from ABA accredited law school.

Admitted to practice law and member in good standing of at least one U.S. state bar.

15 years of insurance industry experience primarily in the area of underwriting compliance and operations for Property and Casualty products.

Advanced knowledge of commercial insurance products product rating/administration systems.

Proficiency with Microsoft Office suite.

Experience with Legora CoCounsel or equivalent legal AI platform.

Experience with MGAs and related agreements.

Ability to work in a fast-paced environment and find creative solutions on diverse matters requiring complex legal and strategic analysis.

Comprehensive knowledge and experience handling insurance regulatory and compliance issues.

Outstanding written presentation interpersonal and verbal communication skills with the ability to convey technical and business issues in a clear concise and effective manner.

Detail-oriented with strong project management organization and planning skills with the ability to manage multiple projects and interact effectively throughout all levels of the business and organization.

Job Location:

New York Philadelphia Atlanta or Chicago.

For individuals assigned and/or hired to work in New York Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $200000 - $2500000

Starr is an equal opportunity employer which means well consider all suitably qualified applicants regardless of gender identity or expression ethnic origin nationality religion or beliefs age sexual orientation disability status or any other protected characteristic. We recruit and develop our people based on merit and were committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.