Assistant Vice President, Product Development Attorney, Cyber & Professional Liability (REMOTE [...]

Arch Insurance Group Inc.; New York (NY); On-site; USD 133,000 - 207,000; Full time

Benefits offered by this job

Medical plans

Dental & Vision

401k matching

PTO 20 days

Holidays

Volunteer Time Off

Life Insurance

Disability Insurance

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Backup Child & Elder Care

Job summary

Arch Insurance Group Inc. seeks a Product Development attorney to drive design and enhancement of Cyber and Professional Liability products, working with Underwriting, Claims, Compliance and Actuarial to ensure competitive, compliant offerings aligned with corporate objectives.

This is a remote role within East and Central time zones in North America. The candidate will draft forms, provide policy language oversight, and facilitate filings while traveling up to 15–20% as needed.

Qualifications

• Detail oriented legal professional with strong drafting skills for policy forms and language.
• Experience advising on cyber and professional liability insurance products.
• Ability to collaborate across underwriting, claims, compliance and actuarial.
• Willingness to travel approximately 15–20%.
• Remote role limited to East and Central time zones.

Responsibilities

• Review, draft and create insurance coverage forms on Cyber and Professional Liability products.
• Provide legal oversight and SB language for policy forms and coverage analyses.
• Collaborate with Underwriting, Claims, Compliance and Actuarial to ensure competitive, compliant products.
• Identify and implement best practices for form development and regulatory compliance.
• Leverage resources to drive innovation within the form development process.
• Partner with Compliance to support forms filings and provide materials and guidance.
• Engage and maintain relationships with key stakeholders to monitor market trends and regulatory changes.

Skills

Communication skills

Influencing

Negotiation

Interpersonal skills

Problem solving

Critical thinking

Analytical skills

Time management

Organizational skills

Team collaboration

Project management

Education

Juris Doctor (JD)

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Position Overview

In this role, the Product Development attorney will drive the design, development, and enhancement of Cyber and Professional Liability insurance products and forms and collaborate with Underwriting, Claims, Compliance, and Actuarial teams, where necessary to ensure products are competitive, compliant and aligned with corporate objectives. This role is within the Arch Insurance North America Product Development team embedded in the Corporate Underwriting (CU) division.

Key Responsibilities

Product Support & Form Development

• Review, draft and create insurance coverage forms on Cyber and Professional Liability products.
• Provide legal oversight and subject matter expertise for drafting policy form language and preparing coverage analyses on such lines of business.
• Communicate and collaborate with Underwriters, Managers, Claims Professionals, Third-party business partners, and Compliance to ensure products remain competitive while protecting their profitability.
• Identify and implement best practices to ensure proper and consistent form development and compliance while meeting business goals.
• Leverage resources, technology, and processes to drive innovation within the form development process.

Regulatory, Market, and Stakeholder Collaboration

• Partner with Compliance to support forms filings by providing necessary materials, information, and forms-related guidance, ensuring efficient handoffs of final forms and supporting documentation for Compliance use.
• Engage, manage, and maintain relationships with key partners: Underwriting, Claims, Compliance, Actuarial, and other stakeholders to monitor and share knowledge on market trends, regulatory impacts, legal changes, and loss developments.

Qualifications

• Detailed technical knowledge of Cyber products (including first-party, third-party, and crime coverages) and professional liability products.
• Strong written and verbal communication, influencing, negotiating, listening, and interpersonal skills.
• Strong problem-solving, critical thinking, analytical, organizational, and time management skills; ability to analyze, organize, and present information clearly.
• Ability to participate in active strategic discussions and to work independently and in a team environment.
• Ability to manage projects from concept to fruition with minimal oversight.

Education And Experience

• Juris Doctor (JD); admitted to a state bar in good standing.
• Minimum 3 - 5 years of experience in insurance product development, underwriting, regulatory legal, or related fields.
• Willing and able to travel approximately 15–20%.
• This is a remote position, limited to East and Central time zones.

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$133,300 - $207,000/year

• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
• Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

14400 Arch Insurance Group Inc.