Overview
A specialty niche reinsurer domiciled in California and licensed as an admitted insurer in 36 states (including the District of Columbia) is seeking a Counsel - Reinsurance. The reinsurer focuses on property casualty reinsurance, including both prospective and legacy reinsurance, with expertise in run-off management of U.S. legacy insurance liabilities. The organization supports affiliates and third parties with claims administration for asbestos, environmental, workers compensation, general liability, and construction defect liabilities. It has approximately 150 employees nationwide, mostly remote, and holds an "AA-" rating by Standard & Poor's. As of December 31, 2025, the reinsurer reported total admitted assets of USD $3.6 billion and policyholders' surplus of $265 million.
The Counsel - Reinsurance position reports to the General Counsel and is part of a legal team supporting multiple U.S. legal entities including holding companies, special purpose investment vehicles, and a reinsurance intermediary. This role provides legal support for prospective reinsurance business and other transactional matters.
Responsibilities
- Review, prepare, and negotiate legal and transactional documents related to prospective reinsurance transactions.
- Manage internal governance approval processes and ensure compliance with internal policies and procedures.
- Support regulatory filings for transaction approvals under the Insurance Holding Company Act and the California Insurance Code.
- Provide timely legal assessments and solution-oriented advice to underwriting teams, business units, and management.
- Support affiliates on U.S. and international reinsurance transactions and advise on U.S. regulatory and legal issues.
- Research and provide legal advice on relevant legal and regulatory matters.
- Monitor and analyze new federal and state legislation affecting the reinsurer, affiliates, and the reinsurance industry.
- Advise on interpretation and application of agreement terms, corporate rules, policies, and organizational documents.
- Utilize artificial intelligence tools and resources to enhance legal work.
Requirements
- Juris Doctor (JD) degree from an ABA-accredited law school.
- Active California State Bar license in good standing.
- 3-5 years of legal experience at a major law firm, specializing in reinsurance and/or financial transactions; experience in corporate governance and insurance regulation preferred.
- Excellent academic credentials and references.
- Strong business or transactional experience with excellent drafting skills.
- Strong analytical, oral, written communication, and negotiation skills.
- High level of personal integrity, accountability, and a self-starter able to work independently in a remote environment.
- Intellectual curiosity and eagerness to learn new areas of law.
- Ability to make sound decisions, prioritize, and manage multiple initiatives concurrently.
- Creative and strategic thinking to evaluate legal risks and support business objectives.
- Effective interpersonal skills to work collaboratively across teams and geographies.
- Proficiency with Microsoft Office (Excel, PowerPoint, Word), online legal research tools, and openness to new technologies.
- Ability to develop expertise in new subject areas and support general corporate matters.
- Must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future.
Compensation & Benefits
- Salary range: $140,000 to $210,000 (base salary only).
- Eligibility for an annual incentive program.
- Final salary determined by geographic location, experience, skills, competencies, education, and internal equity.
- The salary range represents the full base salary range; hiring near the maximum is not typical to allow for future growth.
Location
- Nationwide remote work arrangement with employees located across the U.S.