AVP, Counsel - Insurance Operations

Posted 6 Days Ago
Be an Early Applicant
Jersey City, NJ
130K-175K Annually
Senior level
Financial Services
The Role
The AVP, Counsel will provide legal support to the insurance operations of Arch Insurance Group. Responsibilities include offering legal counsel, compliance and regulatory guidance, advising on business relationships, and supporting acquisitions while ensuring efficient operations and legal exposure reduction.
Summary Generated by Built In

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
  • Provide legal counsel, compliance advice, and regulatory guidance, as requested on the ordinary and special activities of specified insurance business unit(s), and other client groups
  • 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 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
  • 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

  • Ability to deliver creative and well-reasoned plans to resolve challenges and to execute on such plans
  • Ability to motivate and mentor paralegal and administrative staff

EDUCATION/EXPERIENCE

  • J.D. from an accredited law school and a member in good standing of the bar of any US jurisdiction
  • Attorney with at least seven years of major law firm experience, and will have some exposure to the insurance business and/or insurance-related legal work and familiarity with insurance compliance and regulatory work.
  • Experience with small commercial insurance and package policies, Business Owner Policies (BOP), and Delegated Authority / Programs business is a plus.

#LI-Hybrid

#LI-EO1

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.

$129,500 - $174,800/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.

Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.

The Company
HQ: White Plains, NY
285 Employees
On-site Workplace
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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