Corporate Counsel - Reinsurance

Reposted 13 Days Ago
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Cincinnati, OH, USA
In-Office
Senior level
Insurance
The Role
The Corporate Counsel manages reinsurance portfolios by drafting contracts, providing legal guidance, and advising on strategic transactions while ensuring compliance with laws and corporate standards.
Summary Generated by Built In

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Core Specialty is seeking a Corporate Counsel who enjoys making an impact and loves to solve problems working in a fast-paced environment and within a changing landscape.  The primary focus of this position is to manage Core Specialty’s reinsurance portfolio under the supervision of the Deputy General Counsel. 

Key Accountabilities/Deliverables:
 

  • Draft and review assumed and ceded reinsurance contracts, advise on reinsurance contract related matters and engage with internal and external stakeholders to negotiate and finalize the terms of reinsurance contracts in line with applicable law, regulations and company policies.

  • Provide guidance to business unit leaders and corporate functions regarding reinsurance contract interpretation and best practices as a subject matter expert.

  • Maintain reinsurance tracker and maintain contract wording/tracker

  • Advise on reinsurance-related aspects of strategic transactions

  • Review and assist in the development of policy forms and endorsements.

  • Provide corporate legal advice to various entities and operational areas.

  • Negotiate service and consulting agreements.

  • Review NDAs

  • Perform special projects/other duties as assigned.

Technical Knowledge and Understanding:

  • Deep knowledge of legal and contractual principles and practices relating to reinsurance.

  • Strong understanding of P&C products and the reinsurance market.

Experience:

  • Law degree from an ABA accredited law school required.

  • State bar admission, with ability to obtain limited in-house admission as necessary to fulfil applicable state registration requirements.

  • 5+ years’ experience focused on reinsurance matters including experience with reinsurance wording and best practices.

  • Experience advising business leaders on complex reinsurance transactions within aggressive timeframes.

  • Experience with fronting arrangements preferred but not required.

The ideal candidate will also:

  • Demonstrate exceptional verbal and written communication skills to effectively convey complex information to diverse audiences.

  • Build trust and clarity through transparent and professional interactions with internal and external stakeholders.

  • Provide prompt, accurate responses to inquiries and requests, ensuring deadlines and service standards are consistently met.

  • Maintain a sense of urgency and prioritization in a fast-paced environment.

  • Thrive in dynamic settings by quickly adjusting to evolving business priorities and organizational strategies.

  • Embrace change with flexibility and a proactive mindset to support continuous improvement.

  • Work seamlessly across teams, fostering a culture of collaboration and mutual respect.

  • Apply innovative thinking to develop practical solutions for complex challenges.

#LI-Hybrid
 

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.  We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

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The Company
HQ: Cincinnati, Ohio
390 Employees

What We Do

Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses. We have the capital to take on risk, the underwriting talent in place, decisive leadership team, infrastructure, and a proven track record of making things happen – fast! When you’re ready to solve your toughest insurance needs, we’re ready to get it done for you. We free customers up to focus on their business by taking the load of complicated specialty insurance off their hands. We break down the walls of bureaucracy to provide optimal underwriting solutions for brokers. We’re ready, equipped, and motivated to get the job done, efficiently and professionally, by empowering experts with what they need to move quickly on behalf of customers and their brokers. Our specialty focus is the essential part of our identity. It is at our core

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