Senior Legal Counsel, Ceded Reinsurance

* Draft and negotiate commutation amendments and legacy claim clean‑ups; coordinate with Finance/Claims and audit trail requirements.* Serve as the backup legal interface with Nephila counsel and internal partners (Head of ILS Solutions, Managing Director Ceded Re, Accounting Policy, Claims), facilitating quick issue resolution and document execution.* Partner with Ceded Re leadership to embed counterparty concentration and credit‑risk controls into master QS language/MOUs and future fronting frameworks.* Ensure all agreements are executed on a timely basis to meet internal Markel Service Level Agreements, as well as the appropriate regulatory requirements.* Maintain and manage a library of all ceded reinsurance clauses and wordings and appropriate supporting documentation.* Maintain and enhance Markel’s standard reinsurance wording library used in reinsurance contracts, trust agreements, non-disclosure agreements, commutation agreements, broker arrangements, etc. and ensure they remain aligned with industry best practices and the latest industry trends.* Build relationships with Markel’s reinsurance brokers and their contract wording teams.* Work closely with Markel partners and reinsurers on deals placed on a direct basis.* Negotiate trust agreement language with reinsurers and their financial institutions.* Bring all current Markel reinsurance agreements up to our global wording standards, while catering for local regulatory and commercial requirements where needed.* Partner with and leverage our local internal legal teams where required.* Facilitate any engagement with outside counsel where needed.* Lead and participate in special projects as required.* 8+ years of experience in (re)insurance transactional work, with deep knowledge of fronting, quota shares, trust agreements, ILWs, and collateralized ILS programs.* Transactional drafting and negotiation.* BMA regulatory fluency and governance.* Credit, collateral and concentration risk acumen to master quota share guardrails and fronting carrier protection.* Expertise in Bermuda insurance regulation and BMA filings.* Familiarity with specialty products such as BESS.* Comfortable leading complex cross-border negotiations with counterparties and external counsel.* Excellent written and oral communication skills.* Solid understanding of US, Bermuda, and England/Wales re/insurance law, including regulatory requirements surrounding reinsurance contracts.* Strong negotiating skills.* Strong project management and organization skills.* Excellent attention to detail.* Ability to deliver outstanding customer service.* Excellent skills in Microsoft Office products (Excel, Outlook, Power Point, Word, Copilot and AI).* Ability to work in a global team environment and ability and willingness to work independently and remotely.* Strong desire for continuous improvement.**Who we are:**Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.**We’re all about people | We win together | We strive for better****We enjoy the everyday | We think further****What’s in it for you:**In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.* We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.* All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.* We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.Choose **‘Apply Now’** to fill out our short application, so that we can find out more about you.Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. 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