Overview
A specialty risk platform within a leading financial services organization is seeking a Senior Corporate Counsel to support its reinsurance-backed and structured program business. This role involves providing senior legal advice, structuring, drafting, reviewing, and negotiating complex program-related agreements, and ensuring cohesive legal documentation across underwriting, reinsurance, operations, and finance. The position also supports core domestic insurance businesses by drafting and negotiating agreements and providing regulatory guidance.
This role offers a hybrid work schedule based in either the New York City or Southington, Connecticut office.
Responsibilities
- Draft, review, and negotiate agreements including MGA, TPA, reinsurance, credit, collateral, trust, and letters of credit (LOC).
- Ensure consistency and alignment across all legal documentation supporting reinsurance-backed and hybrid fronting programs.
- Provide strategic legal counsel on program structure, risk allocation, and governance.
- Identify and mitigate legal and regulatory risks related to specialty program structures.
- Collaborate with underwriting, finance, operations, and compliance teams.
- Manage relationships with external counsel, reinsurers, MGAs, TPAs, and business partners.
- Support audits, due diligence processes, and regulatory examinations.
- Provide legal training and guidance to internal stakeholders.
- Offer guidance on insurance laws and regulations impacting the business.
- Draft insurance policy forms and endorsements for various lines of business, including commercial, financial, and credit insurance.
Qualifications
- Juris Doctor (JD) degree from an accredited law school.
- Active license to practice law in at least one U.S. jurisdiction.
- Minimum of 5-7 years of experience in insurance, reinsurance, or specialty program business.
- Strong experience with MGA, TPA, reinsurance, and collateral agreements.
- Excellent communication, negotiation, and organizational skills.
- Familiarity with financial and commercial lines and credit insurance.
Compensation & Benefits
- Salary range: $150,200 to $250,000 annually. Actual compensation will depend on factors such as skills, experience, education, role responsibilities, and market conditions.
- Benefits include medical and dental plans, life insurance (including coverage for eligible spouses and children), health care flexible spending accounts, dependent care accounts, 401(k) savings plans, and paid time off.
Location
- Hybrid work schedule based in either the New York City office or the Southington, Connecticut office.