Senior Legal Counsel

2 weeks ago


Old Toronto, Canada CNA Insurance Full time

Are you a seasoned legal professional seeking a challenging role in insurance product development?

CNA Insurance invites experienced lawyers to apply for the position of Senior Legal Counsel, where they will utilize their expertise to drive business growth and ensure compliance.

Job Overview

The ideal candidate will have a strong background in insurance law, with experience in product development, underwriting, claims, and regulatory compliance. They will be responsible for providing daily legal research, counsel, and guidance on legal/compliance questions or issues.

Key Responsibilities:

  • Provide daily legal research, counsel, and guidance on legal/compliance questions or issues.
  • Develop, revise, and maintain insurance policy forms and endorsements for all enterprise product lines.
  • Prepare internal corporate policies and procedures documentation, reviews and/or drafts contracts and legal documents, such as NDAs and vendor agreements.
  • Provide counsel on coverage interpretations to assist Underwriting and Claims with issues raised by external partners or clients.
  • Assist with litigation management.
  • Monitor, evaluate, and advise business areas regarding federal and provincial/territorial legislative and regulatory activity and industry developments to ensure compliance.
  • Review and approve marketing material and risk management presentations and articles ensuring they correctly reflect the product content and comply with all applicable insurance laws.
  • Interface with marketing, corporate compliance, corporate legal, and corporate communications as appropriate.
  • Support high-priority legal and compliance initiatives, including knowledge management, workflow enhancements, and legal expense management initiatives.
  • May perform additional duties as assigned.

Requirements

To be successful in this role, the ideal candidate will possess:

  • In-depth knowledge of the insurance business including product development, underwriting, claim, legal, and regulatory.
  • Excellent verbal and written communication, negotiation, and presentation skills.
  • Excellent analytical and problem-solving skills.
  • Strong organizational skills.
  • Ability to exercise independent judgment, and to work with and maintain confidential and sensitive information.
  • Proven ability to take a proactive long-term view of business goals and objectives in order to achieve strategic business results.

What We Offer

CNA Insurance offers a comprehensive benefits package, competitive salary range of $117,000 to $146,000 annually, and opportunities for career growth and professional development.


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