Product Counsel Director - Financial Lines

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. 

This manager position is primarily responsible for providing product counsel services to the Financial Lines Business Units and Product Managers. Responsibilities include (i) maintaining a strategic partnership with senior level business leaders to ensure effective implementation of strategic objectives relating to Financial Lines products; (ii) identifying priorities to support business initiatives and transactions; (iii) managing highly complex Financial Lines product-related matters; and (iv) providing expert legal advice and guidance.

JOB DESCRIPTION:

Essential Duties and Responsibilities
Performs a combination of duties in accordance with departmental guidelines.

• Leads, directs and manages Financial Lines product counsel team with an emphasis on talent management. 
• Provides leadership to product counsel supporting Financial Lines business units and ensures that the team members provide proactive, protective and efficient product counsel services to the businesses. 
• Provides strategic and tactical product related counsel to Financial Lines product managers and underwriters.
• Drafts and advises on complex insurance product wordings, form rewrites and other related documents, such as non-disclosure agreements, no known loss letters, and non-renewal, conditional renewal and cancellation letters.
• Reviews external communication materials, marketing collateral, presentations, and training materials.
• Partners with Financial Lines business leaders to manage and mitigate legal, compliance, and regulatory risks.
• Supports regulatory, litigation, claims and coverage counsel on matters, including filing objections, market conduct exams, consumer complaints, coverage litigation and bad faith lawsuits.
• Conducts legal research on various Financial Lines insurance product and service related matters.
• Facilitates business partner learning by developing and delivering training, and works on special projects.

Skills, Knowledge and Abilities

• Significant experience working within the insurance industry and drafting Financial Lines insurance products.   
• Demonstrated ability to draft complex insurance product wordings.
• In-depth understanding of CNA products and services, as well as competitor products and services.
• Demonstrated ability to partner with and support the growth and development of the Financial Lines business.
• Experience working as a trusted advisor with internal business clients and sophisticated leadership team.
• Ability to effectively interact and communicate with all levels of external and internal business partners, and a demonstrated ability to succinctly present complex topics through an approachable and relatable presence.     
• Excellent analytical and problem solving skills and ability to manage ambiguous situations.
• A high proficiency in time management, leadership, influence, and project management skills. 
• A proven track record of results achievement, collaboration, teamwork and negotiation skills.   

Education and Experience

• JD and a license to practice law in at least one jurisdiction required.
• A minimum of ten years of related legal work experience in key specialties.

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $97,000 to $189,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals.  For a detailed look at CNA’s benefits, please visit cnabenefits.com.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.