What are the responsibilities and job description for the Policy Specialist position at CRC Group?
About the Job:
Euclid Transactional (“ET”) has an exciting opportunity to join our dynamic counsel team. As part of our collaborative counsel team, you will play a key role in drafting insurance policies.
Essential Functions:
• Draft representations and warranties policy contracts based on corporate standard wordings, client clauses, and agreed terms.
• Update standard policy templates.
• Assists with policy negotiations.
• Provide suggested policy form wording to address specific client needs.
• Organize policy resources and maintain policy procedures.
• Participate in Counsel Team projects.
• Keep current on representation and warranties policy wording.
• Develop specialized knowledge of policy provisions/mechanics.
• Collaborate with Counsel, Underwriter and Claims team colleagues to maintain and improve quality of the policies.
• Set challenging goals and work to meet them.
• Effectively manage time.
Education Requirements:
• Bachelor’s degree required.
• JD preferred or 2 years of contract/document interpretation experience.
Desired Qualifications, Skills, and Experience:
• 2-4 years of related experience
• Ability to read and analyze complicated language in policies
• Legal/contract interpretation background and knowledge a plus
• Excellent analytical and communication skills
• Ability to work independently and collaborate with colleagues within and across departments
• Excellent Word skills; proficient in technology
• Ability to be flexible and adjust to changing factors, conditions, or situations
• Self-motivated, eager to learn and geared towards internal client service
• Strong interpersonal and communication skills with a collaborative and team-focused approach
• Excellent time management, organization, attention to detail, and task prioritization skills
Work Schedule/Location: Hybrid, 2-3 days per week in office. Full-time based in our NY office.
Base Salary Range: For candidates based out of our New York, NY office, the annual base salary range for this specific position is ($120,000 - $180,000) based on experience. Base salary range for fully remote positions may vary. The position is also eligible for an annual discretionary bonus.
General Description of Available Benefits for Eligible Employees of CRC Group: At CRC Group, we're committed to supporting every aspect of teammates' well-being – physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock units and/or a deferred compensation plan.
CRC Group supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC Group is a Drug Free Workplace.
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Salary : $120,000 - $180,000