Legal Counsel

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 has expertise in run-off management of U.S. legacy insurance liabilities and services affiliates and third parties, including claims administration for asbestos, environmental, workers compensation, general liability, and construction defect liabilities. The organization has approximately 150 employees nationwide, mostly remote, and holds an "AA-" rating by Standard & Poor's. As of December 31, 2025, it 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 supports 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 and internal governance approvals for prospective reinsurance transactions.
• Provide transactional reinsurance-related legal support and advice to business units and executive management on legal and regulatory issues affecting operations.
• Support affiliates on U.S. and international reinsurance transactions and advise on U.S. regulatory and legal matters.
• Research and provide legal advice on legal and regulatory issues.
• Monitor, review, and analyze new federal and state legislation and regulations impacting the reinsurer, affiliates, and the reinsurance industry.
• Advise on interpretation and application of agreement terms, corporate rules, policies, and corporate organizational documents.
• Deliver legal advice efficiently to enable achievement of strategic and commercial goals.
• Utilize artificial intelligence tools and resources (e.g., generative AI) in legal work.

Requirements

• Juris Doctor (JD) degree from an ABA-accredited law school.
• California State Bar license in good standing (required).
• 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 work ethic, personal integrity, accountability; self-starter able to work independently in a virtual/remote environment.
• Intellectual curiosity and interest in learning new areas of law.
• Ability to make sound decisions, use independent judgment, think commercially, prioritize, and manage multiple initiatives concurrently.
• Ability to define legal issues, evaluate risks, think creatively and strategically, and find innovative legal solutions.
• Strong management and interpersonal skills; ability to work effectively within a team and build relationships across business and geographic areas.
• Ability to analyze, research, and communicate legal issues related to statutes and regulations affecting insurance and financial services.
• Ability to understand and draft complex agreements and transactions and communicate effectively with senior business leaders.
• Proficiency with Microsoft Office (Excel, PowerPoint, Word), online legal research tools, and enthusiasm for new technologies.
• Ability to develop expertise in new subject areas and provide support on general corporate matters and initiatives.
• Must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas.

Compensation & Benefits

• Salary range: $140,000.00 - $210,000.00 (base salary only).
• Eligible for an annual incentive program.
• Final base salary determined by geographic location, experience, skills, competencies, education, and internal equity.
• Hiring near the maximum of the range is not typical to allow for future salary growth.

Location

• Remote work with employees located nationwide.
• Must hold a California State Bar license.