Risk Management

 

• Working knowledge of the following lines of insurance – Accident & Health, Air Cargo & Ocean Marine, Air Transit, Auto, Aviation, Builder Risk, Catastrophic, Commercial General Liability, Commercial Hull, Commercial Property, Construction, Crisis Management, Cyber, Employer Liability, Employment Practices Liability, Energy, Environmental, Excess, Fidelity, Fleet Trucking, Homeowners, Inland Marine, Longshore, Management Liability, Marine, Maritime Programs, Ocean Cargo, Occupational Accident, Professional Liability, Property & Casualty, Railroad Protective, Site Pollution, Spoilage, Surety, Surplus, Travel Accident, Umbrella, Vessel Pollution, Workers’ Compensation.

 

• Implemented reputational risk management corporate procedures, policies and protocols, and spearheaded the corporate responses to reputational attacks.

 

• Legal support and management for planning, development, drafting, filing, implementation and introduction of new and revised insurance products, including endorsements.

 

• Reviewed current state and federal statutes, to ensure compliance regarding new and revised insurance products.

 

• Provides management with effective advice on company risk management strategies and their implementation.

 

• Continuously monitors, analyzes and reports to management on legal and regulatory developments related to new and revised insurance products and risk management developments.

 

• Led the internal and external legal teams to spearhead corporate strategic and tactical legal initiatives related to new and revised insurance products and risk management strategies.

 

• Designed and implemented the development and expansion of an online forms library containing all product templates.

 

• Consultation for underwriters regarding the use of alternative markets, such as the New York Free Trade Zone (NYFTZ), deregulated states, and surplus lines.

 

• Negotiated, drafted and reviewed policies, applications and endorsements for insurance.

 

• Worked closely with underwriters and claims professionals to improve the efficiency and effectiveness of the underwriting process as it relates to product development and implementation.

 

• Analyzed and reported to management regarding products of competing entities.

 

• Created, defined and executed legal products strategy and rollout roadmap.

 

• Works cross-functionally with claims, IT, operations and underwriting to implement new and revised insurance products.

 

• Legal support for analysis of sales and performance metrics.

 

• Engaged and managed consultants, outside counsel and subject matter experts (SMEs) when necessary.

 

• Advocate for ethics, integrity and best practices in all company transactions, and created corporate policies therefore.

 

• Conducted extensive legal research regarding relevant statutes in all US jurisdictions and some foreign jurisdictions, and then prepared detailed legal memoranda to address various matters related to product development.

 

• Managed the state regulatory filings team to ensure timely and accurate submissions of admitted filings to individual states with regard to various projects, as well as prepared relevant responses to regulatory objections.

 

• Training for insurance professionals regarding the legal content in state financial examinations and market conduct examinations.

 

• Drafting and submission to administrative agencies of questions regarding state inconsistencies and state amendatory endorsements, and prepared all submissions and required supporting documents for regulatory authorities.

 

• Maintained, updated and provided training annually and to new hires on the legal aspects of various underwriting guidelines.

 

• Provides support to executive management and claims regarding potential or actual product-related disputes.

 

• Assisted HR with education policy development, and reviewed IT, marketing, procurement, real estate, sales and other corporate operational contracts.

 

• Managed corporate records retention, IT development issues, and electronic media development and use issues.

 

• Ensures that all corporate documentation was accurate and issued on time internally and externally.

 

• Compliance with regulatory and statutory policies, procedures, protocols and regulations, through spot audits and training.

 

• Development of templates and forms of contracts for all risk management and insurance agreements.

 

 Last updated 200722_1427