AVP, Counsel

14400 Arch Insurance Group Inc.; Jersey City (NJ); On-site; USD 144,000 - 195,000; Full time

Benefits offered by this job

Multiple medical plans

401k with generous matching

PTO 20 days/year

Paid holidays

Parental Leave

Student Loan Assistance

Job summary

Arch Insurance Group Inc. is seeking an AVP, Counsel to join its North American Legal team, supporting underwriting, product development and business activities across the unit.

You will advise on complex commercial matters, manage outside counsel, lead internal projects and provide timely input to leadership for strategic initiatives and risk management.

Qualifications

• J.D. from an accredited law school and admission to practice in at least one state.
• Minimum 7 years of major law firm experience; exposure to insurance business is a plus.

Responsibilities

• Partner with underwriting to help business units achieve annual goals.
• Advise on structuring business relationships, new products, marketing and other activities.
• Provide legal counsel to insurance units, claims and client groups and oversee outside counsel.
• Support acquisitions, investments and department initiatives to reduce legal exposure.
• Coordinate with senior leadership for quarterly reports and KPIs.

Skills

Strong initiative

Excellent communication

Detail-oriented

Independent worker

Adaptability

Time management

Team leadership

Education

J.D. from an accredited law school

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 Summary

The AVP, Counsel will be a member of Arch Insurance Group Inc.’s Legal team, which provides holistic legal support to our North American insurance business, including business unit support and related litigation.

Responsibilities and Accountabilities

• Operate in partnership with the company’s underwriting team to assist assigned business unit(s) in achieving their annual goals and objectives.
• Advise on structuring business relationships, new product development, marketing efforts and other business activities.
• Work in partnership with the company's operational areas, including, as appropriate, underwriting, reinsurance, marketing, claims, finance, tax, technology and human resources.
• Provide legal counsel and guidance on the ordinary and special activities of specified insurance business unit(s), the claims department, and other client groups.
• Provide legal support, due diligence, and advice regarding acquisitions and strategic investments.
• Participate in the development and implementation of department initiatives to achieve efficiency and reduction or elimination of legal exposure.
• Provide oversight and support to the Claims Department as required on matters related to assigned business unit(s).
• Manage and collaborate with outside counsel to ensure high-quality written work product is filed on behalf of AIGI, including coordination of internal resources, review and approval of pleadings and briefs, legal analysis and formulation of strategy.
• Support internal projects as needed; provide timely and concise input to senior leadership for quarterly legal reports, team KPIs, strategic initiatives, etc.

Required Skills and Abilities

• Strong initiative and work ethic
• Focused attention to detail and honed analytical skills
• Superior oral and written communication skills
• Ability to be a self-starter and work independently
• Flexibility and a willingness to adapt to changing needs of the organization and/or business clients
• Excellent organizational and time management skills, including the ability to manage competing priorities in a fast-paced environment
• Ability to deliver creative and well-reasoned plans to resolve challenges and to execute on such plans
• Ability to motivate and supervise paralegal and administrative staff
• Interact positively and professionally with all levels of management, and clients

Education/Experience

J.D. from an accredited law school and strong academic credentials. Admitted to practice in at least one state. At least 7 years of major law firm experience, and will have some exposure to the insurance business and/or insurance-related legal work. Experience with small commercial package policies, Business Owner Policies (BOP), and Delegated Authority / Programs business is a plus.

Salary & Compensation

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. $144,000 - $195,000/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.

Benefits

• 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

About Arch

14400 Arch Insurance Group Inc. Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.