UFG is currently hiring a Corporate Counsel, Underwriting and Product Management
to serve as a trusted legal advisor to business leaders on commercial insurance
product development, underwriting strategy, insurance regulatory matters, and
compliance initiatives. This role supports product innovation, insurance
regulatory compliance, and business growth by providing legal guidance on rates,
rules, forms, policy language, underwriting practices, and emerging regulatory
developments.
While we can offer a remote work arrangement, if the ideal candidate resides
near a regional office there is opportunity for a hybrid work arrangement.
Essential Duties & Responsibilities:
Assist in reviewing and developing insurance policy language, coverage
enhancements and manuscript endorsements across all lines of commercial
insurance.
Partner with underwriting and product development teams to design, revise,
and launch insurance products, ensuring regulatory compliance, state-specific
considerations, and support for strategic business initiatives, market
expansion, and new lines of business.
Analyze, organize, and effectively distribute information on insurance
industry developments, including department of insurance bulletins, enacted
legislation, and other information issued by regulatory and non-regulatory
authorities such as the American Property Casualty Insurance Association
(APCIA).
Provide practical, risk-based legal advice that balances regulatory
compliance, business objectives, operational efficiency, and customer needs.
Regularly monitor and assess underwriting operations to help ensure
compliance with applicable regulatory requirements.
Review, revise, and evaluate underwriting compliance programs in accordance
with regulatory expectations and industry best practices.
Support the identification, implementation, and communication of operational
and product changes required by regulatory authorities and industry
standards.
Develop and administer internal training on insurance compliance
requirements, as needed.
Research and respond to questions from internal business units concerning
regulations, legislation, insurance department policies and positions,
commercial deregulation, cancellation and nonrenewal, and other
compliance-related issues.
Review and approve product, coverage, and underwriting-related marketing
materials to ensure legal, regulatory, and compliance standards are met prior
to distribution.
Provide comprehensive legal review of underwriting guidelines.
Collaborate with agency distribution and business teams to support producer,
agency, and distribution compliance requirements.
Assist with reviews to ensure that all corporate regulatory policies and
procedures affecting all lines of business are properly documented,
implemented, and communicated to relevant internal and external parties.
Support broader corporate governance, Enterprise Risk Management (ERM),
internal audit activities, market conduct examinations, financial
examinations, and other regulatory reviews affecting the organization.
Other duties as assigned.
Job Specifications:
Education:
Juris Doctor from an accredited law school required.
Active bar admission in any U.S. state required.
Experience:
Minimum of five (5) years of relevant legal experience supporting insurance
regulatory compliance, product development, underwriting, or commercial
insurance coverage matters.
Extensive knowledge of property and casualty insurance products and the
legal, regulatory, and compliance frameworks governing insurance operations.
In-house experience with a commercial lines insurance carrier is strongly
preferred, but not required
Strong relationship-building, communication, and collaboration skills, with
the ability to influence and partner effectively across all levels of the
organization.
Knowledge, skills & abilities:
Ability to manage multiple tasks and work effectively under pressure
Strong analytical and problem-solving skills, sound judgment, adaptability,
and the ability to make effective decisions in complex or ambiguous
situations.
Self-directed and solution-oriented professional with strong business acumen
and the ability to collaborate cross-functionally to achieve enterprise
objectives.
Exceptional attention to detail and organizational skills.
Ability to prioritize and complete time-sensitive projects
Must deploy sound, mature legal judgment, and influence to build effective
working relationships with a wide variety of internal and external colleagues
Ability to explain complex and/or sensitive information in a straightforward
manner
Commitment to collaboration and contributing to a high-performing, highly
engaged team environment.
Proficiency with legal, underwriting, and insurance administration systems,
including Guidewire, ImageRight, and related business applications.
Working Conditions:
General office environment if located near an office (remote work possible)
Must be available for occasional business travel (estimated to be 5% of time
or less).
Pay Transparency Statement:
UFG Insurance is committed to fair and equitable compensation practices. The
base salary range for this position is $160,000 - $200,00 annually, which
represents the typical range for new hires in this role. Individual pay within
this range will be determined based on a variety of factors, including relevant
experience, education, certifications, skills, internal equity, geography and
market data.
In addition to base salary, UFG Insurance offers a comprehensive total rewards
package that includes:
Annual incentive compensation
Medical, dental, vision & life insurance
Accident, critical Illness & short-term disability insurance
Retirement plans with employer contributions
Generous time-off program
Programs designed to support the employee well-being and financial security.
This pay range disclosure is provided in accordance with applicable state and
local pay transparency laws.