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Product Counsel

Bowhead Specialty
Posted Apr 11
Full TimeNew York City Metropolitan Area

Bowhead Specialty, partnering with American Family (rated A XV by A.M. Best) is a best in class insurance underwriting operation focused on Management Liability, Excess Casualty, Errors & Omissions and Healthcare. Our company is dynamic and growing. We encourage those who join us to be active participants in building our future.

Position Summary

This position works closely with the product team and underwriting departments to draft and review insurance policies, endorsements and other product forms. We are a small and close team, which means for the right candidate a great career track and opportunity to be involved in our future growth plans. This role reports to our Head of Product Counsel.

Job duties include, but are not limited to the following:

  • Work daily with underwriters on coverage and manuscript requests; provide advice and research coverage topics as needed;
  • Review competitor products and monitor changes to market and coverage;
  • Review policy wording and draft proposed endorsements both an account-specific and general use basis;
  • Draft new products and assist with implementation of new products internally;
  • Assist with state product filings, including responses to state insurance departments;
  • Consult and collaborate with Operations, Claims Department and Actuarial Department on product terms and features;
  • Familiarity with commercial lines products preferred, including: General Liability (ISO Products); Private, Public and Not-For-Profit Management Liability; Miscellaneous Professional Liability; Cyber/Privacy Liability; Environmental Liability; Public Entities, and Healthcare Professional and Management Liability.

Education/Experience

  • JD degree required
  • 5 years+ of insurance experience drafting and reviewing insurance policies
  • Excellent drafting and analytical abilities
  • Excellent written and oral communication skills

Compensation $165+ package based on experience