Assistant Vice President, Bond Counsel

This position plays a critical role in aligning legal strategy with CNA’s broader business objectives and partners with the Surety Underwriting team! The AVP, Bond Counsel will provide expert legal and regulatory services to surety underwriters and senior management on indemnity agreements and complex bond contracts. Responsibilities including negotiating with agents and bond customers to draft contracts, surety bond forms, indemnity agreements and similar contractual arrangements. Essential Duties & Responsibilities: Implements strategic objectives with substantial impact on the short-term success for legal support for assigned specialty area. Responds to inquiries regarding business practices and evaluates possible resulting legal implications related to area of expertise. Provides legal support in area of expertise to assist assigned business lines or functions in business decisions and strategies. Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent management and succession planning in accordance with corporate strategic direction. Researches laws and regulations that impact the underwriting of surety products. Monitors legal and regulatory developments impacting the surety and construction business. Reviews and drafts surety bond forms and amendments Prepares and provides legal advice concerning indemnity, subordination, capital retention, release and similar agreements with its bond customers. Reviews and provides advice on terms and conditions of contracts considered for bonding. Provides in-house seminars for surety underwriters on legal topics impacting the surety business. Provides advice and assists in drafting of underwriting manuals and forms.