Insurance Counsel - Product Development & Claims Jobs

Explore dynamic and challenging Insurance Counsel - Product Development & Claims jobs, a specialized legal career at the intersection of law, business strategy, and risk management. Professionals in this pivotal role serve as the critical legal backbone for insurance companies, managing the entire lifecycle of insurance products. Their work is fundamentally divided into two core, interconnected domains: proactive product development and reactive claims management. On the product development front, these attorneys are instrumental in designing, drafting, and reviewing new insurance policy forms and endorsements. They ensure all products comply with a complex web of state and federal insurance regulations, department of insurance filings, and evolving legal standards. This involves conducting legal research on coverage interpretations, advising on underwriting guidelines, and assessing potential risks associated with new lines of business or policy language. Their goal is to create clear, enforceable, and commercially viable products that protect the company while meeting market needs. The claims aspect of the role involves providing strategic legal advice on complex, high-value, or contentious claims. Insurance Counsel analyze coverage positions, interpret policy language in the context of specific losses, and advise claims adjusters on settlement strategies and reservation of rights. They often oversee litigation, managing outside defense counsel and directing legal strategy on coverage disputes or bad faith litigation. A key responsibility is mitigating financial and reputational risk by ensuring claims handling practices are legally sound and consistent. Typical requirements for these jobs include a Juris Doctor (JD) degree and active state bar admission. Successful candidates possess deep expertise in insurance law, contract interpretation, and civil procedure. Essential skills include exceptional analytical and drafting abilities, strong business acumen, and the capacity to communicate complex legal concepts to non-legal stakeholders. Experience with regulatory compliance and a detail-oriented mindset are paramount. For attorneys seeking a role that combines legal expertise with direct business impact, Insurance Counsel - Product Development & Claims jobs offer a rewarding career path full of strategic challenges. Discover opportunities where you can safeguard corporate integrity and shape the future of insurance products.