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About the Role

We are seeking a highly skilled and motivated Drafting Lawyer to join our team within the Healthcare and Financial Lines divisions. The ideal candidate will possess a strong background in insurance law, specializing in management and professional liability coverage. This role will involve advising business clients on financial lines insurance policies, drafting essential documents, and collaborating with various stakeholders to navigate legal complexities in the insurance industry.

Responsibilities

Provide legal counsel to support the Healthcare and Financial Lines underwriting business, focusing on medical malpractice, including Tech E&O and Products Liability, and Management and Professional Liability policies.
Advise business clients on coverage options and implications related to healthcare and financial institutions products.
Develop, draft, review, and revise new and existing policies, endorsements, contracts, marketing materials, and ancillary documents.
Collaborate with management, underwriters, brokers, and policyholders to negotiate and establish favorable coverage terms and conditions.
Communicate with internal business partners, including Underwriting, Claims and Compliance, to relay information on coverage developments, industry trends, and new exposures relating to products.
Analyze and interpret applicable federal and state laws, regulations, legislative developments, case decisions, and claims verdicts relating to financial lines to provide comprehensive legal guidance and ensure compliance with state requirements.
Stay informed of industry advancements and emerging trends to ensure responsiveness to evolving client needs and regulatory environments.
Foster strong relationships with internal and external stakeholders, maintaining open lines of communication to facilitate effective decision-making.

Requirements

Proven expertise in drafting and interpreting insurance policies and endorsements, with a solid understanding of the necessary legal requirements.
Strong comprehension of the insurance industry landscape, client needs, and business objectives, enabling the provision of insightful consultation and achieving positive results.
Exceptional interpersonal and communication skills, capable of effectively engaging with diverse constituents, including clients, colleagues, and industry professionals.
Demonstrated track record of achieving results through collaboration, teamwork, problem-solving, and negotiation in high-pressure environments.
Analytical mindset with an ability to synthesize complex information and present clear, actionable recommendations.
High degree of professionalism, integrity, and ethical judgment in all interactions and dealings.

Location

New York City, NY

Experience Level

Minimum of 10 years of experience in insurance law, specialty insurance (healthcare, management liability and professional liability).

Education Level

Juris Doctor (JD) degree from an accredited law school

Salary/Compensations

$225,000-$275,000

Benefits

May also be eligible to participate in a discretionary annual incentive program.

About the Company

Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, whole-salers and program administrators.
Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through, Hudson Excess Insurance Company.
Hudson Insurance Company is admitted in all U.S. jurisdictions.
Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Excess Insurance Company.
Collectively known as Hudson Insurance Group, its companies are rated A+ (Superior) by A.M. Best, Financial Size Category XV.
Hudson Insurance Group is the U.S. Insurance Division of OdysseyRe, a leading worldwide underwriter of reinsurance and specialty insurance and wholly-owned by Fairfax Financial Holdings Limited.

Equal Opportunity

We are an E-Verify employer - all hired positions require successfully passing an E-Verify Check.