Legal Counsel, Product Director

Tokio Marine Canada Ltd; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading insurance company based in Toronto seeks a skilled Legal Counsel, Product Director to provide legal advice and support for policy development. The role requires a law degree, with a minimum of 5 years’ experience in insurance law. Responsibilities include contract review, drafting policy wordings, and collaborating closely with various business units. The company offers a hybrid work environment that encourages flexibility and growth, emphasizing collaboration and inclusivity.

Benefits

Opportunities for professional development

Flexible work arrangements

Inclusive workplace culture

Qualifications

• Minimum 5 years’ experience as in-house counsel or in insurance-related law.
• Experience with contract review and drafting.
• Regulatory experience with OSFI preferred but not required.

Responsibilities

• Provide legal expertise for policy drafting and endorsements.
• Review agreements and contracts for various business units.
• Collaborate with outside counsel on product development.

Skills

Creative problem-solving

Strong communication skills

Organizational skills

Cross-functional collaboration

Education

LL.B or J.D. - Law Degree

Tools

Microsoft Office

Job description

Overview

Join Us as a Legal Counsel, Product Director

Tokio Marine Canada (TMCan) is a Canadian early-stage entrepreneurial commercial P&C insurer based in Toronto. We partner with select brokers to deliver tailored business insurance solutions across Canada. As part of the Tokio Marine Group, we are able to collaborate under a shared framework while maintaining autonomy and local decision making. We support Canadian businesses in taking smart risks by delivering practical insurance solutions and exceptional service through trusted broker partnerships.

The Opportunity

We’re looking for a skilled Legal Counsel and Product Developer to provide legal expertise and drive development of policy wordings and endorsements.

What You’ll Be Doing

• General legal duties and support for all of the business units and functional support units, including legal review of agreements and contracts.
• Draft documents such as NDAs, DUAs agreements and other miscellaneous contract requirements
• Product development – drafting and reviewing a wide variety of policy wordings, across all lines of business
• Providing legal review of new/existing products
• Working with outside counsel, as needed on product development

Who You Are

You’ll be providing legal advice to the business and functional units, including reviewing and drafting contracts and agreements as well as develop various insurance wordings for various business units.

• Minimum 5 years’ experience as in-house counsel at an insurer, or practicing as an associate at a law firm involved in insurance related work;
• Experience reviewing and drafting contracts and providing legal advice to various stakeholders;
• Strong written and verbal communication skills;
• Regulatory experience with OSFI and provincial insurance regulators preferred but not required;
• Experience with insurance products review and drafting is preferred;
• The ability to work closely and partner with different underwriting lines of business and functional units;
• A high level of organizational skills and attention to detail;
• A proven ability to manage multiple priorities and meet deadlines, driving for results;
• Thought leadership and can innovate solutions quickly;
• Experience working closely with others in an environment of cross-collaboration;
• The ability to thrive in a changing environment and be comfortable with ambiguity;
• Proficiency in Microsoft Office (Word, Excel, Powerpoint, Teams, and Outlook).
• Minimum Education level required – LL.B, or J.D. – Law Degree.

Life at Tokio Marine Canada

At TMCan, we’re a relationship company. We value collaboration, innovation, and inclusion, where every voice matters and every team member makes an impact. We believe in flexibility, authenticity, and growth: because when our people thrive, so does our business. TMCan offers the unique opportunity to work side by side with senior leaders, gaining direct exposure to strategic decision-making and business planning.

Our CARE values guide everything we do:

Collaborative: We communicate openly, support one another, and work as one team.

Achieving Excellence: We challenge the status quo and exceed expectations.

Responsive: We anticipate needs and deliver timely, exceptional service.

Ethical & Respectful: We act with integrity and empower our people to do the right thing.

Our Commitment to an Inclusive and Respectful Workplace

At TMCan, we are deeply committed to fostering a culture of equity, diversity, and inclusion. We strive to create a workplace where every individual is welcomed, respected, and valued for their unique identity and perspective. By embracing our differences and learning from one another, we aim to build a positive and empowering environment for all.

Tokio Marine Canada was proudly recognized as one of the Best Places to Work in Canada by Canadian HR Reporter in 2024.

Work Model and Recruitment Notice

We work in a hybrid model, and you should expect to split your time between working in the office and working remotely, with flexibility based on the role and the business needs. We currently have an office in downtown Toronto and will eventually be establishing offices in other provinces. Should you currently work in a province where we do not have an office, you will remain remote until such time as we establish an office.

Tokio Marine Canada is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if TMCan hires that candidate.