VP Product Development Lead,Insurance industry, P&C Carrier,Product drafting, wording drafting, product negotiation,Draft and negotiate new Products from scratch in the P&C Insurance space,Work with Underwriters and Claims professionals in Insurance.
VP Product Development Counsel
Our esteemed client, a leading entity in the Insurance industry, is actively seeking a dynamic and experienced individual to fill the key position of Vice President Counsel for Product Development. This influential company is renowned for its innovative approach and commitment to delivering exceptional insurance solutions.
This role is a newly created position and the opportunity to join a new and leading team on the market on their growth strategy.
Job Role and Responsibilities:
- Develop and lead the legal strategies for new insurance products.
- Ensure compliance with all applicable laws and regulations during product development processes.
- Advise on non-contentious insurance matters including policy wordings and coverage options.
- Handle contentious insurance claims and disputes efficiently.
- Collaborate with various teams across the organization to integrate legal insights and risk management into product offerings.
- Maintain constant communication with stakeholders on the implications of current insurance laws and potential changes affecting the sector.
Key Skills Required:
- Profound knowledge in insurance law, specifically in non-contentious matters, policy wordings, and coverage analysis.
- Strong experience in managing contentious insurance claims and litigation.
- Exceptional ability to strategize and implement effective legal processes for insurance product development.
- Strong collaboration and communication skills to work seamlessly with both legal and non-legal teams.
- Excellent decision-making skills with the ability to anticipate legal issues and proactively manage risks.
If interested, please reach out for a confidential call today.
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