Jim Sheldon

Experience

• 

  MCPDA

  Jan 1992 - Jan 1995

  Deputy Public Defender

  Criminal litigation

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  AT&T

  Jan 1997 - Jan 2000

  Telecom regulatory and M & A.

  • Contractor

    Jan 1997 - Jan 2000

  • Contractor

    Jan 1997 - Jan 2000
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  Porzio Bromberg & Newman P.C.

  Jan 2000 - Jan 2001

  Contract Associate

  Mass tort defense for asbestos and Phen-fen litigation.

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  AIG

  Aug 2001 - Sept 2005

  Product Manager

  Designed policy forms and endorsements, new product development, maintained underwriting standards, audited underwriting files, marketing and business development. Developed RE Assure (Real Estate E &O) form and grew real estate book by 23%.

• 

  Philadephia Insurance Companies

  Sept 2005 - Apr 2009

  Director of Compliance

  • Identify new opportunities, analyze competitor forms, create market entry strategy including feasibility of potential products, competitor profile and market size. Design new product form and supporting libraries along with supporting legal research. Examples: Employed Lawyers Liability, Event Cancellation Liability, Colorado Mortgage Broker Professional Liability, Cover-Pro (MPL), BOP rewrite, School and Security Guard package coverages and Nose Coverage. Member of New Product Committee, which consists of executive officers and product managers who determine whether or not to pursue a new product. Work with actuarial on rates for new products. Successfully negotiate rate and form filings with departments of insurance. Work with marketing • Regulatory compliance, complaint handling including initiating negotiation with departments of insurance, company licensing, formulating underwriting policies and market conduct reviews.• Design and revise policy forms and endorsements, legal research, document review, miscellaneous document drafting and manuscripting, litigation management, deal negotiation. Show less

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  Tower Group Companies

  Apr 2009 - Feb 2013

  VP. Product Development

  • Design new product forms. Current examples: Non standard Legal Professional Liability, Garage Coverages, Auto for BOP and Restaurant Coverages, Pizza • Program. Designed homebuilder program. Analysis of competitor forms. Legal research. Coordinate with actuarial on rates for new products. Successfully negotiate rate and form filings with departments of insurance.• Draft and revise policy forms and endorsements.• Member of privacy council• Regulatory compliance. Designed new compliance process for company. Driver for new agent appointment and termination processes. Escalated complaint handling including negotiation with and argument before department of insurance, Created regulatory guides for each state for management and underwriters.• Underwriting due diligence team for acquisition opportunities.• Vendor negotiation. Show less

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  AIG

  Aug 2013 - Jan 2014

  Consultant

  Advising on state filing and compliance projects.

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  ProSight Specialty Insurance

  Jan 2014 - Mar 2016

  Senior Counsel and Director of Regulatory Affairs

  • Manage compliance department• Advise Chief Legal Officer and C-Level officers on compliance and regulatory matters• Coordinate and respond to Financial and Market Conduct Examinations• Manage governmental relations • OFAC, Fraud and AML Officer• ERM and ORSA and other Holding Company Filings in Domiciliary Jurisdictions• Provide compliance education and training to all employees• Litigation management• Built out a data reporting unit for stat reporting and data calls• Support Lloyd’s syndicate• Consult on Marketing Materials and Product Differentiators• Policy form review and drafting• Advise on enterprise risk management and insurance coverage for the organization• Advise on privacy matters including HIPAA Show less

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  Generali U.S. Branch

  Apr 2016 - Jun 2016

  Consultant

  Drafting new policy forms and updating the existing library.

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  Self-employed

  Jul 2016 - now

  Consultant
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  Arch Insurance Group Inc.

  Jan 2018 - now

  • AVP

    Jan 2018 - now

  • Assistant Vice President

    Jan 2018 - Mar 2024
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  Lockton Affinity

  Mar 2024 - now

  Vice President of Underwriting and Product Line Manager