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CapSpecialty, Inc.

Senior Counsel

CapSpecialty, Inc., Madison, Wisconsin, United States,


Benefits:Medical, Dental, Vision, Open Vacation Plan; Matching 401(k); Company Paid Life Insurance, Short-Term Disability, Long-Term Disability; Generous Paid Sick & Family Bonding Leave; Tuition & Educational ReimbursementsLocation:This is a hybrid position requiring 3 days in the office at either our Hartford, CT, Chicago, IL, or Middleton, WI office location.At CapSpecialty, we are a specialty underwriting company driven by well-informed, entrepreneurial, and proactive employees. Join our exciting company where you can make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence, and corporate culture.We offer competitive compensation and benefits packages – including an innovative open vacation plan, generous paid sick and parental leave, fully vested matching 401(k), company-paid group term life insurance, and short- & long-term disability plans, professional and educational growth opportunities, a flexible and casual work environment, and recognition for exceptional performance.Position Overview:CapSpecialty is seeking a Senior Counsel who, under the guidance of the General Counsel, will act as in-house corporate counsel, providing legal advice to support the Company on a variety of legal, regulatory, compliance, and insurance issues. The Senior Counsel will be responsible for all aspects of product drafting and/or coverage analysis, coverage litigation, and extracontractual or bad faith matters. This position also involves providing strategic and technical guidance on policy wordings and coverage matters, including determining when outside counsel is necessary.Duties/Responsibilities:Researching, analyzing, and advising business units and corporate functions on applicable laws and regulations on various regulatory, compliance, insurance, and corporate issues.Collaborating with key business stakeholders on key projects and initiatives.Staying abreast of legal and regulatory developments relevant to the business of insurance and CapSpecialty's products and services.Drafting corporate policies, procedures, and training materials.Drafting policy wordings, endorsements, and other policy-related documents, and supporting underwriters across all lines of business.Communicating with internal and external stakeholders on policy language and providing strategic recommendations regarding coverage issues and coverage litigation.Working with claims management on strategic coverage decisions, including researching, investigating, and analyzing coverage issues on specifically identified claims.Overseeing certain corporate and coverage litigation, including directing and supervising outside counsel.Participating in product development, large loss discussions, and special projects as directed.Providing assistance, analysis, guidance, and direction to department staff and others as requested or assigned.Providing guidance and training to the Company, including the claims staff, on specific claims and emerging issues related to coverage.Performing other duties as requested by the General Counsel.Supervisory Responsibilities:None.Education and Experience:Bachelor's Degree, Juris Doctorate, and admission to a state bar.5+ years in an insurance company, preferably property/casualty, or law firm in an insurance-related practice. Claims and coverage experience is relevant.Physical Demands:Prolonged periods of sitting at a desk and working on a computer.May be required to lift up to 15 lbs at times.May require occasional travel to office locations in other states.CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety, and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A "Excellent" rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.

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