Nationwide · 5 hours ago
Senior Counsel - Specialty Finance / Financial Risk Solutions
United States
Full-time
Remote
Senior Level, Lead/Staff
$136K/yr - $268K/yr
15+ years exp
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Responsibilities
Advise on legal and regulatory issues related to financial lines insurance products and related transactions.
Provide counsel on insurance transactions, including drafting and negotiating insurance policies, collateral agreements, term sheets, NDAs, reinsurance agreements, and other ancillary agreements.
Advise on compliance with relevant insurance laws, regulations, and standards.
Manage and oversee cross-border insurance and reinsurance transactions.
Collaborate with internal stakeholders and external partners to support business objectives, including engagement of U.S., Bermudian, Cayman and European counsel, as necessary.
Stay up to date on changes in insurance laws and regulations and advise the company accordingly.
Assistance with claims handling matters and preparation for dispute resolution proceedings and negotiations, as needed.
Provides the highest level of subject matter expertise for legal specialties on significant, high-risk, or highly complex legal matters. Regularly attends business partner meetings to better understand business processes and needs.
Identifies and logically 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 within area(s) of legal expertise. Has input into or influence on company decision-making.
Creates practical and effective solutions to the most complex legal issues with no established precedent; develops creative solutions to unique legal problems; has significant interaction with persons outside of the company.
Takes the lead role in matters that are highly complex, 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 when 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 lead teams to resolve highly complex legal and organizational issues.
Makes recommendations about and ensures compliance with approved outside counsel budget.
Hires and develops talent, provides consistent coaching and feedback.
Qualification
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Required
Juris Doctorate from an American Bar Association-accredited law school.
Associates reporting within Nationwide’s OCLO who are functioning in attorney roles must be fully licensed in accordance with OCLO policy, in good standing and in compliance with all continuing legal education requirements at all times in the state(s) in which they practice.
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, complex legal practices and procedures, project management concept and techniques.
Considered a subject matter authority within his or her areas of legal expertise.
Strong verbal and written communication skills for contacts interacting with all levels within OCLO and with business partners.
Analytical ability to interpret statutes, regulations, insurance policies and other contracts.
Decision-making ability to set work priorities and make recommendations.
Ability to lead cross-functional projects.
Ability to lead, initiate, organize and coordinate highly complex projects and/or cases.
Takes the lead role in negotiations that are complex, strategic, or sensitive in nature.
Supervisory skills useful.
Significant professional and/or civic involvement.
Preferred
Deep experience with financial insurance regulation (e.g., credit, surety, financial guaranty, residual value) and supporting complex transactions, including cross-border insurance and reinsurance transactions.
Experience with securitization transactions and other types of lending and structured financing transactions.
Benefits
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 Unity Day paid time off
401(k) with company match
Company-paid pension plan
Business casual attire
Company
Nationwide
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States.
10,001+ employees
Funding
Current Stage
Late StageLeadership Team
Jim Fowler
Chief Technology Officer
Ramon Jones
Executive Vice President and Chief Marketing Officer
Recent News
2024-11-08
Google Patent
2024-11-08
EIN Presswire
2024-11-01
Company data provided by crunchbase
