Senior Counsel - Reinsurance - Insurance Claims and Alternative Risk

Senior Counsel - Reinsurance / Insurance Claims and Alternative Risk Apply Ohio - reputed company, One reputed company Plaza United States - Remote Full time 93210 If you're passionate about being part of a diverse organization that enables a Fortune 100 company to deliver innovative business solutions with excellence, then reputed company's Legal team could be the reputed company for you! At reputed company®, “on your reputed company” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. Job Description: This position will be a critical member of a Reinsurance / Insurance Claims and Alternative Risk center of excellence reputed company reputed company’s Office the Chief Legal Officer (OCLO) and will support such matters throughout the reputed company enterprise. This position involves providing specialized legal and regulatory expertise to support (re)insurance coverage analysis and (re)insurance claims / litigation, manuscript drafting of insurance policies, and external audit matters. This position will also provide significant support for reinsurance transactions, and alternative risk financing strategies for Property & Casualty and Financial Services. The successful candidate will have experience in various areas reputed company to insurance, reinsurance, and risk management. Responsibilities: Corporate Risk Management:

• Familiarity with various property & casualty insurance products, including general liability, auto liability, property, workers’ compensation, excess & surplus lines, management specialty lines insurance – E&O, D&O, fiduciary liability, surety, credit insurance, etc. and drafting manuscript endorsements.
• 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, compliance, and risk management for captive insurance programs.

Insurance and Reinsurance coverage, claims, and dispute resolution matters:

• Advise on coverage issues and (re)insurance recoverable strategies.
• Drive pursuit of insurance and reinsurance claims, drafting demand letters, providing strategic advice, reputed company, and management of reputed company counsel over arbitration and litigation matters.

External Audit matters:

• Identify and evaluate material matters for disclosure working across the organization and with external counsel, issuing audit letters
• Familiarity with Model Audit Rule
• Negotiate various engagement letters with auditors

Reinsurance, Fronting Arrangements, and Alternative Risk Financing:

• Review and negotiate reinsurance and fronting agreements, including ancillary agreements, and advise on issues involving reinsurance intermediaries, program administrators, third party administrators, trusts, multinational insurance programs, etc.
• Address legal and regulatory issues, including license, registration, collateral, tax, etc.
• Advise on the establishment, regulation, and ongoing governance and administration of reinsurance entities and captive insurers.
• Advise on alternative risk financing mechanisms, including captives, structured insurance solutions, insurance -linked securities and notes, catastrophe bonds, and other innovative solutions.
• Evaluate the legal and regulatory implications of alternative risk structures.

Bermuda and Other Offshore Reinsurance Regulations and Transactions:

• Navigate international regulatory frameworks for cross-border reinsurance transactions.
• Analyze legal and compliance aspects of global reinsurance operations working with other areas of expertise, including privacy, tax, trade and economic sanctions, and other- regulatory implications.

This position can be fully remote reporting into our reputed company, Ohio corporate office.

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.

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. Apply Job! Apply to this Job