VP, Legal - Property & Casualty page is loaded
VP, Legal - Property & Casualty
Apply locations USA, Atlanta USA, Chicago USA, New York - Manhattan time type Full time posted on Posted 2 Days Ago job requisition id R0016444Job Type:
PermanentBuild a brilliant future with Hiscox
Join a collaborative Legal Department where your contributions are crucial to the ambitious goals of our growing business. The VP P&C Legal will lead a talented team of lawyers and legal professionals supporting the US business unit. You will provide advice and counsel on a broad array of legal issues, with a focus on product, marketing and advertising, and insurance regulatory matters.
What you’ll be doing:
- Lead and manage attorneys and legal professionals on the P&C Legal team, developing talent and promoting a culture of integrity and teamwork in line with the Hiscox values. Responsible for performance management and professional development of the team.
- Provide strategic advice and counsel to senior business and legal colleagues on regulatory matters and developments of significant impact, working proactively with the business to support compliance and develop risk mitigation strategies.
- Oversight of regulatory complaint management and company response to regulatory inquiries; lead management of regulatory audits including financial and market conduct.
- Collaborate with functional areas such as UW, Claims, Risk, Marketing and Compliance to support marketing and product initiatives, ensuring high quality legal support with respect to product innovation, marketing campaigns and incentives, policy form and endorsement drafting, and regulatory and coverage guidance.
- Strong partnership with State Filings to maintain product library and facilitate filing approvals.
- Maintain close working relationships with internal clients, working strategically and in collaboration with various business areas to resolve legal issues, provide solution-oriented legal advice, and mitigate risk.
- Contribute to process improvements and assist with legal budget management to meet departmental goals and drive cost-effective results.
Qualifications:
- 10+ years of P&C insurance industry experience in a law firm and/or in house legal department, with at least 2+ years of people management experience.
- JD from an accredited law school and admitted to practice law in at least one state.
- Ability to develop and execute legal strategy and objectives.
- Strong understanding of contract principles, insurance law, and regulatory requirements applicable to the P&C industry.
- Ability to build strong cross functional relationships with internal clients.
- Demonstrated experience advising senior stakeholders on complex legal matters within short timeframes.
- Superior business judgment, time management skills, and ability to manage and prioritize multiple matters and deadlines.
What we offer:
- 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 plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 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
- 2023 Gold level recipient of Cigna’s Healthy Workforce Designation for having a best-in-class health and wellness program
- Dynamic, creative and values-driven culture
- Modern and open office spaces, complimentary drinks
- Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation
Please note that this position is hybrid and requires two (2) days in office each week. Position can be based in the following office locations:
- Atlanta, GA (preferred)
- Chicago, IL
- Manhattan, NY
Salary range: $220k-$250k
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About us
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. If you want to build a great career with a company that prioritises strong values – such as integrity and courage – where our people always pull together to do the right thing for each other and our customers, then we’d love to hear from you.
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