Legal Counsel

HINCX Hiscox Inc.; New York (NY); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive salary and bonus

401(k) with company matching

Comprehensive health insurance

Paid time off & holidays

Parental leave

Wellbeing programs

Job summary

Hiscox USA is seeking a Legal Counsel to provide day-to-day support to the US business unit, reporting to the VP of Legal and P&O. The role focuses on policy wordings, endorsements, product strategy, and regulatory matters, with collaboration across business units.

This hybrid position requires in-office presence at least twice a week and offers a comprehensive benefits package, competitive salary, and performance-based bonus opportunities.

Qualifications

• 4+ years of law firm or in-house insurance industry experience in the property & casualty space (preferred liability).
• Understanding of property & casualty insurance products, including cyber, D&O, E&O & GL.
• Experience with insurance policy wordings, coverage, and regulatory approval processes.
• Commercial contract negotiation experience.
• Strong understanding of insurance contract principles and regulatory requirements.

Responsibilities

• Develop policy form wordings and endorsements with product and regulatory teams.
• Draft and review insurance services and distribution agreements; support marketing initiatives.
• Advise on regulatory matters, filings, and regulator inquiries; support product updates and redesigns.
• Collaborate across legal, compliance, and other control functions on projects.

Skills

Legal experience

Insurance knowledge

Contract negotiation

Regulatory compliance

Independent work

Education

Juris Doctor (JD)

Job description

Job Type: Permanent Build a brilliant future with Hiscox Position: Legal Counsel Reporting to: VP Legal, P&O Location: Atlanta; Chicago; Manhattan

The Role: Join a collaborative team of legal professionals, where your contributions are crucial to the ambitious goals of our growing business. The Legal Counsel will provide day to day legal support to the US business unit, working in partnership with business stakeholders across the organization. Core responsibilities include policy form and endorsement drafting, product strategy development and innovation, legal support for marketing initiatives, assisting with regulatory matters, inquiries and filings, serving as legal partner on project teams, and legal research. This is an exciting opportunity for a go-getter looking for exposure to all aspects of commercial specialty insurance.

This is a hybrid position, with minimum twice a week in-office presence required.

What You’ll Be Doing:

Coordinate with partners across claims, operations, and underwriting to develop policy form wordings, including competitor market research. Coordinate with product partners to draft policy form endorsements aligning language to intent while minimizing potential ambiguity for legacy products. Partner with State Filings on form and endorsement submissions and intervening with state regulators to address identified filing inquiries. Support comprehensive product/wordings updates and re-design projects and advise on regulatory and litigation trends relevant to product strategies. Draft and review insurance services and distribution agreements, e.g., terms of business agreement (TOBA). Support issues related to consumer complaints, financial and market conduct examinations, and regulator information requests. Advising business units on insurance regulatory requirements impacting distribution, licensing, marketing, operations, etc. Collaborating across legal, compliance, and other control functions on projects as assigned.

Qualifications:

• 4+ years of law firm or in-house insurance industry experience in the property & casualty space, preferably liability insurance.
• Understanding of property & casualty insurance products, including cyber, D&O, E&O & GL.
• Experience with insurance policy wordings, coverage, and regulatory approval processes.
• Commercial contract negotiation experience preferred.
• Strong understanding of insurance contract principles and regulatory requirements applicable to the industry.
• Strong organizational, time management, and project management skills.
• Capable of working independently and/or as part of a team.
• JD required.
• Admittance to at least one state.

Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values. Courage: Dare to take a risk Ownership: Passionate, commercial and accountable Integrity: Do the right thing, however hard Connected: Together, build something better Human: Clear, fair and inclusive

What Hiscox USA Offers:

• Competitive salary and bonus (based on personal & company performance)
• 401(k) with competitive company matching
• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
• Company paid group term life, short- term disability and long-term disability coverage 24
• Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days
• Paid parental leave 4 week paid sabbatical after every 5 years of service
• Financial Adoption Assistance and Medical Travel Reimbursement Programs
• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
• Company paid subscription to Headspace to support employees’ mental health and wellbeing
• Recipient of 2024 Cigna’s Well-Being Award for having a best-in-class health and wellness program
• Dynamic, creative and values-driven culture
• Modern and open office spaces, complimentary drinks

Salary Range: $120-$180k The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

About Hiscox USA:

Hiscox USA underwrites small- to mid-market commercial risks through brokers, other insurers and distribution partners and directly to businesses. In 2026, gross written premiums for the segment will represent over $1bn. Circa 50% of the portfolio comprises small commercial business sold either online or through intermediaries, and the remaining 50% represents traditionally traded business intermediated through broking partners including Professions, Crisis Management and Specialist lines such as Media & Entertainment. Hiscox USA has built the digital business since 2010 through ongoing investment in the brand, technology and operational capabilities. The business has pursued an omni-channel approach since inception, and so are less constrained by the channel conflict which affects some competitors. Customers have a choice of buying policies online end-to-end, by connecting with a Hiscox agent over the telephone, or alternatively through a third‑party broker or insurance carrier partner. The business follows an ‘all roads lead to Hiscox’ philosophy, ensuring it is available to do business with target customers whichever way they choose.

#LI-RM1

We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we’re a business with lots of opportunity for people with talent, spark and lots of ambition.