About the Role
The Product Development Attorney will drive the design, development, and enhancement of Cyber and Professional Liability insurance products and forms, collaborating with various teams 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.
Responsibilities
- 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.
- 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 for proper and consistent form development and compliance while meeting business goals.
- Leverage resources, technology, and processes to drive innovation within the form development process.
- Partner with Compliance to support forms filings by providing necessary materials, information, and forms-related guidance.
- 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.
Requirements
- 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.
- Ability to work independently and in a team environment.
- Ability to manage projects from concept to fruition with minimal oversight.
- Willing and able to travel approximately 15–20%.
Skills
- Cyber products knowledge
- Professional liability products knowledge
- Written communication
- Verbal communication
- Influencing
- Negotiating
- Listening
- Interpersonal skills
- Problem-solving
- Critical thinking
- Analytical skills
- Organizational skills
- Time management skills
- Strategic discussion participation
- Independent work
- Teamwork
- Project management
Location
- Remote
Work Type
- Remote
- Full-time
Experience Level
- 3-5 years
Education Level
- Juris Doctor (JD)
- Admitted to a state bar in good standing
Salary/Compensations
- $133,300 - $207,000/year
Benefits
- Multiple medical plans
- Dental coverage
- Vision coverage
- Prescription drug coverage
- Competitive 401k with generous matching
- PTO beginning at 20 days per year
- Up to 12 paid company holidays per year
- 2 paid days of Volunteer Time Offer
- Basic Life and AD&D Insurance
- Short-Term Disability
- Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance
- Tuition Reimbursement
- Backup Child and Elder Care
About the Company
- 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℠.
Equal Opportunity
- Arch is committed to helping employees succeed through our comprehensive benefits package...
