Senior Product Counsel (Hybrid)

Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.

Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you. 

Who we are

At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.

Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.

The opportunity

We currently have an opportunity for a Senior Product Counsel to join our Legal team based in our Plymouth, MN office on a hybrid schedule. The Senior Product Counsel serves as the in-house legal expert regarding the company’s insurance products for the businesses they support. In this role, they will lead the Company’s capturing of coverage and case law knowledge from internal and external sources and will implement the necessary changes in the company’s insurance products to address any coverage and case law developments. The Senior Product Counsel is also charged with educating internal constituents regarding coverage and case law developments and advising on associated coverage implications. They are also responsible for the implementation of regulatory and compliance developments in their assigned business lines.  This role is critical to the company’s customer focus and ability to achieve profitability and growth objectives. Some of the Senior Product Counsel responsibilities include but are not limited to:

• Generates product development strategies based on market, regulatory, and legal developments in the insurance industry. Communicates strategies to legal and underwriting management.
• Develops familiarity with line of business regulatory and case law developments through participation on relevant committees and leveraging other resources, and communicating significant developments to internal constituents.
• Provides legal advice on coverage-related issues based on research and analysis.
• Drafts and revises coverage forms, endorsements, notices, and other policy documents to ensure underwriting intent is accurately captured.
• Drafts account-specific endorsements requested by business-unit underwriters.
• Drafts and revises coverage forms, endorsements, notices, and other policy documents to respond to regulatory or legal changes or business-driven changes for business unit-specific product.
• As needed, provides support for product filings by assisting with responses to objections and, if required, explanatory memoranda.
• Coordinates with functional constituents in the product development process, including Actuary, Claims, Enterprise Underwriting, and IT as needed to ensure efficient and accurate business unit product implementation.
• Identifies, raises, elevates and advises management regarding coverage issues that have or may have enterprise-wide impact or impact on the other businesses, including issues that may give rise to litigation, reputation, economic or regulatory risk.
• Trains underwriters on coverage language and coverage issues and reviews product marketing materials.

The expertise you bring

• Ability to demonstrate analytical, decision making, problem solving, and organizational skills.
• Must be able to communicate professionally and effectively using oral and written communication in various forms including video.
• Must be able to work both independently, as a member of a team, and have the ability to interact with a diverse group of individuals. 
• Demonstrate proficiency with computer software including Microsoft Office suite and other systems utilized by the department.
• Must maintain a high level of accuracy and follow-through on commitments.
• Requires the ability to maintain confidential information.
• Capable and willing to adopt to changes as needed.
• Ability to follow work instructions as directed.
• Ability to stay focused and productive during required working hours.  
• Respond to internal and external clients as established by department guidelines.
• Ability to travel when the position requires.

Our salary ranges are determined by many factors including location, role, experience, and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires, but your recruiter will share more specific compensation information with you during the hiring process. The typical base salary range for this position is: $153,000 – $204,000, based on the factors aforementioned. For candidates located in San Francisco, CA and the New York City metro area, the base salary range is $179,000 -$209,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include:

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

This position will remain posted until a final candidate is selected.  Once the role is filled, this job posting will be removed.   

Why choose Intact

We live our Values:  We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.

Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what’s right to build an inclusive society.

Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance. 

Check out our Glassdoor reviews to see why people love working for Intact!

Our promise to you

Our Values are foundational to our success at Intact. You’ll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.

In return, we promise you support, opportunities and performance-led financial rewards in a flexible work environment where you can:

• Shape the future: Help us lead an insurance transformation to better protect people, businesses and society.
• Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
• Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.

About Intact 

At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.

 

#LI-DNP

 

Salary

• $179,000 - $209,000