The North America Legal and Compliance Managing Counsel, Cyber and Professional Liability is responsible for supporting the Cyber, Miscellaneous Professional Liability, Media, Public Officials Management Liability and Lawyer's Professional Liability underwriting businesses in North America with the primary responsibility of advising business clients on Cyber policies and coverage and helping to manage professional liability policies and coverage.
This role can sit in our New York City; Whitehouse Station, NJ; Jersey City, Chicago, or Philadelphia offices.
Major Functional Responsibilities:
Communicate effectively with senior cyber business leadership, underwriting, claims professionals and Legal and Compliance colleagues to provide clear guidance on cyber coverage developments, industry trends and new exposures.
Develop, draft, review and revise new and existing cyber insurance products, as well as endorsements, contracts, warranties, marketing materials and other ancillary documents associated with such policies.
Review and interpret applicable federal and state laws and regulations, legislative developments, case decisions and claims verdicts pertaining to cyber insurance, and other developments in cyber in general, in order to provide comprehensive legal advice.
Collaborate with management, underwriting, brokers and policyholders to negotiate coverage terms and conditions.
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Juris Doctor degree from an accredited U.S. law school with at least 10 years of experience working in cyber insurance (professional liability experience a plus).
Experience in cyber coverage as well as policy and endorsement drafting.
Demonstrated ability to understand the insurance industry, client needs, and business goals and provide sound consultation and achieve desired results.
Strong interpersonal and communication skills and the ability to effectively interact with a broad spectrum of constituencies.
Proven track record in the cyber insurance space of results achievement, collaboration, teamwork, problem solving, and negotiation skills.
The pay range for the role is $170,000 to $240,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.
With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.
As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.
Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.
What we deliver: