Apply on Employer Site

Liberty Mutual Insurance · 14 hours ago

Reinsurance Counsel

US-MA-Boston

Full-time

Onsite

Mid Level

$114K/yr - $198K/yr

3+ years exp

Liberty Mutual is seeking a motivated attorney to join its Reinsurance Legal team within its Enterprise Legal group. This role will provide quality legal advice and support across business functions to further Liberty’s ceded and assumed reinsurance needs, while maintaining high standards of legal and business ethics and professional responsibility.

FinanceFinancial ServicesInsurance

Responsibilities

Provides high quality oral and written legal advice in an efficient manner to internal clients

Advises clients on pragmatic solutions that align with legal and regulatory requirements and prudent risk management

Performs comprehensive research and analysis of reported cases, statutes, regulations, and other legal materials, often regarding issues lacking clear legal precedent, and renders clear and unambiguous legal opinions and advice

Represents business partners in complex legal and business transactions, generally with minimal supervision, where the facts, law or precedents involved are subject to differing interpretations or are in dispute

Reviews, drafts, analyzes, interprets, negotiates and advises on various forms of reinsurance agreements involving Liberty’s U.S. and non-U.S. companies including ceded and assumed reinsurance contracts (treaty and facultative), commutations, adverse development covers, and related documentation, such as contract amendments and reinsurance collateral arrangements

Participates in the reinsurance aspects of mergers and acquisitions including due diligence and appropriate structuring, document preparation, review, and negotiation as necessary

Assists with, and oversees, reinsurance disputes, arbitrations and audits, including management of outside counsel

Develops and maintains reinsurance resources, training programs and self-help tools, including playbooks, templates and regulatory summaries

Qualification

J.D.L.L.B.Reinsurance experienceLegal researchAnalysisCommunication skillsManage prioritiesClient focusAttention to detail

Required

Completion of law school with a J.D. or L.L.B. and admission to the bar of at least one jurisdiction within the United States

Generally requires at least three years' experience as a practicing attorney

Excellent oral and written communication skills, client focus, ability to manage multiple priorities, attention to detail and demonstrated ability to conduct research and analysis of legal issues

Preferred

Experience with assumed or ceded reinsurance and insurance transactions and coverage, including insurance coverage litigation or arbitrations, opinions or advice, is preferred but not mandatory for a candidate who demonstrates a keen interest in reinsurance matters