Overview
This role serves as legal counsel for the organization's assumed and ceded reinsurance businesses, providing strategic, transactional, and regulatory support across a broad range of reinsurance matters. The Corporate Counsel will advise business and functional stakeholders on treaty and facultative reinsurance transactions, contract wording, collateral and security arrangements, claims, dispute management, and related governance and regulatory considerations. The position requires strong technical reinsurance knowledge, sound judgment, and the ability to collaborate effectively with underwriting, claims, finance, and senior business leaders in a fast-paced, global environment.
Responsibilities
- Serve as lead legal counsel on assumed and ceded reinsurance matters, including assumed treaty arrangements for domestic and international property and casualty business.
- Draft, review, analyze, interpret, and negotiate treaty and retrocession contracts, including commutations, amendments, collateral instruments, confidentiality agreements, NDAs, broker agreements, and other commercial contracts to ensure consistency and protection of the organization.
- Advise on contract wording, allocation issues, coverage intent, and the legal and commercial implications of proposed reinsurance structures.
- Partner closely with underwriting, claims, finance, operations, and executive leadership to deliver practical, business-focused legal guidance aligned with organizational objectives.
- Support strategic transactions and corporate initiatives, including mergers and acquisitions, due diligence, transaction structuring, and negotiation of reinsurance-related terms.
- Conduct legal research and monitor developments in reinsurance law, insurance regulation, reinsurance accounting, and corporate governance, translating changes into actionable guidance.
- Develop internal policies, playbooks, templates, and training materials to improve consistency, risk management, and contracting efficiency across the reinsurance portfolio.
- Build strong internal and external relationships with brokers, reinsurers, counterparties, and industry groups to support negotiations, market engagement, and best practices.
- Leverage technology and process improvements to enhance contract review, knowledge management, reporting, and overall legal operations.
- Perform other duties as assigned.
Requirements
- Juris Doctor (JD) degree from an accredited law school.
- Admission to at least one U.S. state bar.
- Extensive experience (5+ years) practicing law in reinsurance or insurance, ideally with meaningful exposure to assumed and ceded reinsurance transactions.
- Experience in reinsurance (ceded, assumed, facultative).
Preferred Qualifications
- CPCU or ARe designation is desirable.
- Demonstrated expertise in drafting and negotiating complex reinsurance agreements, including treaty and facultative contracts and related transactional documentation.
- Strong knowledge of insurance and reinsurance legal principles, regulatory requirements, and market practices affecting domestic and cross-border transactions.
- Keen analytical abilities and excellent judgment with a pragmatic approach to problem solving.
- Flexibility to adapt and thrive in a constantly changing environment.
- Ability to make sound decisions amid ambiguity and imperfect information.
- Self-directed, solution-focused with strong work ethic and business acumen.
- Ability to collaborate cross-functionally to achieve enterprise-wide results.
- Skilled attention to detail and strong organizational skills.
- Ability to manage multiple priorities and deadlines, especially during renewal cycles and peak business periods.
- Experience with legal technology, contract management tools, or process improvement initiatives.
- Ability to explain complex or sensitive information clearly.
- Desire to be a collaborative member of a highly engaged, high-performing team.
Working Conditions
- General office environment.
- Occasional business travel required, estimated at 5% of time or less.
Compensation & Benefits
- Base salary range: $135,000 - $175,000 annually, determined by factors including experience, education, certifications, skills, internal equity, geography, and market data.
- Annual incentive compensation.
- Medical, dental, vision, and life insurance.
- Accident, critical illness, and short-term disability insurance.
- Retirement plans with employer contributions.
- Generous time-off program.
- Programs supporting employee well-being and financial security.
Location
Not specified.