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Financial Lines Insurance Jobs (NOW HIRING)

Develop, draft, review and revise new and existing financial lines insurance products, as well as endorsements, contracts, marketing materials and other ancillary documents associated with such ...

Financial Lines Attorney

Chicago, IL · On-site

$150K - $200K/yr

Kennedys, a Legal 500 and Chambers-ranked global law firm serving insurers and the London market, is seeking motivated and dynamic attorneys to join its national and international financial lines ...

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Financial Lines Insurance information

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$31K

$58.2K

$86.5K

How much do financial lines insurance jobs pay per year?

As of May 29, 2026, the average yearly pay for financial lines insurance in the United States is $58,198.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $66,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in Financial Lines Insurance, and why are they important?

To thrive in Financial Lines Insurance, you need a solid understanding of financial products, risk assessment, and policy underwriting, typically supported by a degree in finance, business, or a related field. Familiarity with insurance management systems, risk modeling software, and certifications such as Chartered Insurance Professional (CIP) or Associate in Risk Management (ARM) is highly valuable. Strong analytical skills, attention to detail, and effective client communication are vital soft skills for this role. These competencies ensure accurate policy structuring, effective risk management, and strong client relationships in a highly specialized and regulated sector.

What are some common challenges faced by professionals in Financial Lines Insurance, and how can they be managed?

Professionals in Financial Lines Insurance often encounter challenges such as staying updated with evolving regulations, understanding complex client risks, and managing large volumes of policy documentation. To manage these, it's crucial to engage in continuous professional development, collaborate closely with underwriters and legal teams, and utilize specialized software for compliance and risk assessment. Building strong client relationships also helps in proactively identifying changes in risk profiles and offering tailored solutions.

What is financial lines insurance?

Financial lines insurance refers to a range of commercial insurance products designed to protect businesses and professionals against financial losses resulting from claims of negligence, errors, omissions, or wrongful acts. Common types of financial lines insurance include Directors and Officers (D&O) liability, Professional Indemnity, Cyber Liability, and Employment Practices Liability. These policies help cover legal costs, settlements, or damages arising from lawsuits or regulatory investigations. Financial lines insurance is essential for businesses seeking to manage their risks in an increasingly complex regulatory and litigation environment.

What is the difference between Financial Lines Insurance vs Underwriter?

AspectFinancial Lines InsuranceUnderwriter
Required CredentialsInsurance certifications, finance knowledgeInsurance licenses, risk assessment skills
Work EnvironmentInsurance companies, brokerage firmsInsurance companies, underwriting departments
Industry UsageDesigns policies for financial risksEvaluates risks to approve policies

Financial Lines Insurance professionals focus on creating policies for financial risks like errors & omissions or directors & officers liability, while underwriters assess risks and decide on policy issuance. Both roles require insurance knowledge, but their functions differ: one designs policies, the other evaluates risks.

More about Financial Lines Insurance jobs
What cities are hiring for Financial Lines Insurance jobs? Cities with the most Financial Lines Insurance job openings:
What states have the most Financial Lines Insurance jobs? States with the most job openings for Financial Lines Insurance jobs include:
Infographic showing various Financial Lines Insurance job openings in the United States as of May 2026, with employment types broken down into 100% Full Time. Highlights an 92% In-person, and 8% Remote job distribution, with an average salary of $58,198 per year, or $28 per hour.
Counsel, Financial Lines

Counsel, Financial Lines

Chubb

Philadelphia, PA

$140K - $170K/yr

Full-time

Posted 23 days ago


Chubb rating

8.1

Company rating: 8.1 out of 10

Based on 63 frontline employees who took The Breakroom Quiz

131st of 259 rated insurance


Job description

The Counsel, Financial Lines position is responsible for supporting the Financial Lines underwriting business in North America with the primary responsibility of advising business clients on management and/or professional liability policies and coverage for financial institutions and private/not-for profit organizations. 

  • Communicate effectively with business partners, underwriting, claims professionals and Legal and Compliance colleagues to provide clear guidance on coverage developments, industry trends and new exposures in management and/or professional liability. 
  • Develop, draft, review and revise new and existing financial lines insurance products, as well as endorsements, contracts, marketing materials and other ancillary documents associated with such policies. 
  • Review and interpret applicable federal and state laws and regulations, legislative developments, case decisions and claims verdicts pertaining to financial lines in order to provide comprehensive legal advice. 
  • Collaborate with management, underwriting, brokers and policyholders to negotiate coverage terms and conditions. 
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
  • Law degree with at least 3 years of experience working in insurance law and specialty insurance (management liability and professional liability) or working with financial lines coverage issues.
  • Experience in policy and endorsement drafting. 
  • Demonstrated ability to understand the insurance industry, client needs, and business goals and provide sound consultation and achieve desired results. 
  • Have strong interpersonal and communication skills and the ability to effectively interact with a broad spectrum of constituencies. 
  • Have a proven track record of results achievement, collaboration, teamwork, problem solving, and negotiation skills. 

The pay range for the role is $140,000-$170,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.


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About Chubb

Sourced by ZipRecruiter

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US