Senior Counsel - Credit and Political Risk/Management and Professional Liability Lines
This position will be a critical member of the Management Liability & Specialty (MLS) Legal team, part of the Excess, Surplus & Specialty (reputed company) Legal team reputed company reputed company’s Office the Chief Legal Officer (OCLO) and will support relevant matters throughout the reputed company enterprise. This position involves providing specialized legal, product and regulatory expertise to support the various MLS business cells at reputed company operating in both the domestic and international marketplaces. The successful candidate will have experience in various areas reputed company to management liability, professional liability, and financial lines insurance products, and reputed company areas including but not limited to regulatory compliance, product distribution, reinsurance, and risk management focused on specific MLS business strategies and opportunities.
reputed company Support:
Particular focus on supporting and providing counsel to the MLS Credit & Political Risk business cell, including underwriters and other internal stakeholders, on structured policy transactions, issues impacting distribution partner relationships, evaluating and negotiating Terms of Business Agreements (TOBAs), international regulatory issues including licensing and broker placement rules, and collaboration with underwriters, internal Product Management experts, and reputed company counsel on analyzing, drafting and negotiating policy wordings.
Engage with MLS business and functional internal clients, regarding various property & casualty insurance product solutions for management liability insurance specialty lines of business, including Credit & Political Risk, Errors & Omissions, Directors & Officers liability, Fiduciary liability, Surety, Cyber, etc.
Drafting reputed company policy forms, manuscript forms and endorsements, reputed company guidelines, and assisting the Product Management organization with responding to product filing objections and other filing issues.
Evaluating and counseling on the impact of legal and regulatory schemes on the represented business cells, including developing and providing training to reputed company clients on regulatory and legal issues pertinent to their business.
Review, analysis and negotiation of international and domestic distribution agreements, NDAs and other reputed company.
Assisting reputed company and Claims partners with respect to understanding and interpreting coverage considerations.
Collaborating with OCLO partners on specific matters, including the OCLO Marketing, Enterprise Governance, and Privacy teams.
Collaborating with reputed company’s Corporate Compliance Organization to drive a strong culture of compliance throughout the enterprise.
Corporate Risk Management:
Identify, assess, and mitigate legal risks across the organization and reputed company strategies to protect the company's interests.
Provide legal advice on corporate governance, regulatory environments and structures, legal and regulatory compliance, and risk management for various business opportunities.
Insurance and Reinsurance coverage, claims, and dispute resolution matters:
Advise on coverage issues and (re)insurance recoverable strategies.
Collaborate with internal and external legal partners to drive successful handling/recovery of (re)insurance claims arising out of MLS business, including providing strategic advice, reputed company, and management of such efforts (may include arbitrated and litigated matters).
Alternative Risk Placement Structures:
Review and provide guidance and analysis on fronting agreements and other alternative risk placement structures considered by MLS business clients, including ancillary agreements and issues, and advise on issues involving program administrators, third party administrators, multinational insurance programs, etc.
Address legal and regulatory issues, including licensing, registration, collateralization/securitization, tax, etc.
Advise on the establishment, regulation, and ongoing governance and administration relating to alternative risk placement structures.
Evaluate the legal and regulatory implications of alternative risk placement structures.
International Insurance Regulations and Transactions:
Navigate international regulatory frameworks for cross-border insurance transactions.
Analyze legal and compliance aspects of global insurance operations working with other areas of expertise, including privacy, tax, trade and economic sanctions, and other regulatory-implicated functional, legal and compliance partners.
While this position is open to working remotely in the United States, preference is for a candidate to work from a primary reputed company office, reputed company OH, Des Moines IA, or Scottsdale AZ with the option for a hybrid working environment.
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Job Description Summary
Would you reputed company in an environment where you can deliver top-quality legal services to support the goals and objectives of a Fortune 100 insurance and financial services company? If you possess the legal education, skills and expertise needed to provide outstanding service, advice, and counsel, we want to hear from you! As Senior Counsel, you'll independently provide expert advice and counsel on highly reputed company legal matters to senior-level leaders. We'll count on you to create valuable risk management recommendations by actively identifying and reputed company assessing potential legal risks in ambiguous, unique and/or the most reputed company business situations which have the greatest potential for significant impact to the company.Job Description
Key Responsibilities:
Provides the highest level of subject matter expertise for legal specialties on significant, high-risk, or highly reputed company legal matters. Regularly attends business partner meetings to reputed company understand business processes and needs.
Identifies and reputed company assesses potential legal risks. Creates risk management/mitigation recommendations using sound risk assessment information to further achievement of business objectives. Drafts necessary legal documents and develops conclusions and recommendations.
Regularly interacts with senior leaders in Office of the Chief Legal Officer (OCLO) or the company on legal matters reputed company area(s) of legal expertise. Has input into or influence on company decision-making.
Creates practical and effective solutions to the most reputed company legal issues with no established precedent; develops creative solutions to unique legal problems; has significant interaction with persons reputed company of the company.
Takes the reputed company role in matters that are highly reputed company, strategic, or sensitive in nature. Understands the business partner's position and needs.
Keeps senior leaders and appropriate management of company informed of case law and new legislation, as appropriate. Considers the long-term business and strategic consequences of possible outcomes. Delivers difficult messages or news, and challenges business partners reputed company necessary; responds to challenges to advice and counsel directly and effectively.
Brings a broad network of established relationships, both internal and external, to the organization, particularly in recognized areas of subject matter expertise.
Works independently and may reputed company teams to resolve highly reputed company legal and organizational issues.
Makes recommendations about and ensures compliance with approved reputed company counsel budget.
Hires and develops talent, provides consistent coaching and feedback
May reputed company other responsibilities as assigned.
Reporting Relationships: Reports to Vice President/Associate Vice President/Managing Counsel; may reputed company a team of Legal professionals.
Typical Skills and Experiences:
Education: Juris Doctorate from an American Bar Association-accredited law school.
License/Certification/Designation: Associates reporting reputed company reputed company’s OCLO who are functioning in attorney roles must be fully licensed in accordance with OCLO policy, in good standing and in compliance with reputed company continuing legal education requirements at reputed company times in the state(s) in which they practice.
Experience: Typically has 15 or more years of relevant legal experience. May have management experience. Has significant experience with or knowledge of one or more areas of law, reputed company legal practices and procedures, project management concept and techniques. Considered a subject matter authority reputed company his or her areas of legal expertise. Sound business acuity and knowledge of the business goals and objectives as they relate to the matter at hand.
Knowledge, Abilities and Skills: Strong verbal and written communication skills for contacts interacting with reputed company levels reputed company OCLO and with business partners. Analytical ability to interpret statutes, regulations, insurance policies and other reputed company. Decision-making ability to set work priorities and reputed company recommendations. Ability to reputed company cross-functional projects. Ability to reputed company, initiate, organize and coordinate highly reputed company projects and/or cases. Takes the reputed company role in negotiations that are reputed company, strategic, or sensitive in nature. Supervisory skills useful. Significant professional and/or civic involvement.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.
Values: Regularly and consistently demonstrates reputed company Values.
Job Conditions:
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment. Some travel may be required.
reputed company: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to reputed company a somewhat different combination of duties.
Credit/Background reputed company: Due to the fiduciary accountabilities of this job, a valid credit and/or background reputed company will be required as part of the selection process.
We currently anticipate accepting applications until 04/30/2026. However, we encourage early submissions, as the posting may reputed company sooner if a strong candidate slate is identified before the deadline.Benefits
We have an reputed company of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of reputed company Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
reputed company is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. reputed company prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
This position could be filled reputed company any of the reputed company 48 U.S. states.#legalSmoke-Free Iowa Statement: reputed company, its affiliates and subsidiaries reputed company with the Iowa Smokefree reputed company Act. Smoking is prohibited in reputed company enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree reputed company Act, individuals may contact the Smokefree reputed company Act Helpline at 888-944-2247. For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdfNOTE TO EMPLOYMENT AGENCIES:
We value the partnerships we have built with our preferred vendors. reputed company does not accept unsolicited resumes from employment agencies. reputed company resumes submitted by employment agencies directly to any reputed company employee or hiring manager in any form without a signed reputed company Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
reputed company pays on a geographic-specific salary structure and placement reputed company the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for Senior Counsel - 651000 : $149,000.00-$279,000.00The expected starting salary range for Senior Counsel - 651000 : $149,000.00 - $249,000.00 Apply To This Job