Corporate Insurance Counsel

Salary$175000 - $215000LocationNew York, NY, USAContractPermanentIndustryLegalContactDeclan View email address on click.appcast.io Corporate Insurance CounselOur client, a leading, growing, international and award winning speciality carrier are seeking a leading Corporate Insurance Counsel to join their impressive legal team and business. Position Overview:Reporting to the Head of Corporate Counsel, the Corporate Counsel, U.S. Insurance will serve as a key member of the U.S. Corporate Legal team, with primary responsibility for contract negotiation and commercial and strategic transactions. This role combines day-to-day transactional legal work with meaningful engagement across the specialty insurance business and requires a trusted advisor who can partner effectively with underwriting, reinsurance, claims, finance, and other internal stakeholders. This is an opportunity to make a significant contribution within a growing organization and to help support the continued development of Ascot U.S.the business. Responsibilities:Serve as a legal partner to insurance and reinsurance businesses, including ceded and captive reinsurance, programs, and claims operations, while supporting underwriting, finance, operations, and other internal stakeholders as needed.Draft, review, and negotiate a broad range of commercial agreements, including producer and distribution agreements, TOBAs, vendor contracts, NDAs, employment agreements, office leases, IT procurement agreements, statements of work, and other third-party arrangements.Review and negotiate reinsurance agreements and related documentation, including captive reinsurance transactions, treaty and facultative placements, slip terms, loss portfolio transfers, and other supporting materials.Support the programs business by drafting, reviewing, and negotiating program administrator agreements, fronting arrangements, profit commission schedules, and related distribution agreements.Advise claims leadership on coverage issues, claims-related contractual matters, and dispute resolution, including coordination with outside counsel on litigation and arbitration matters as appropriate.Partner with the U.S. General Counsel, Senior Corporate Counsel, and other senior leaders on complex strategic and commercial transactions.Manage outside counsel relationships, engagements, and legal spend effectively.Work closely with the Controller and CFO teams to support finance-related matters, including investments, auditor interactions, and capital markets activity such as debt issuance or capital raising, as needed.Collaborate with other members of the Legal team on legal, regulatory, compliance, corporate governance, and other matters supported by the U.S. Corporate Legal function.Perform other related duties and special projects as assigned.Qualifications:Juris Doctor required.Minimum of five years of legal experience in a law firm and/or relevant in-house legal role.At least three years of experience in the insurance industry, either in-house at an insurance or reinsurance company or in private practice serving insurance and financial services clients.Strong understanding of commercial insurance and reinsurance concepts, including distribution, risk-sharing, ceded reinsurance structures, and intercompany contracting; experience in property and casualty or speciality property and casualty insurance is strongly preferred.Experience drafting, reviewing, and negotiating reinsurance agreements, program administration agreements, and/or insurance coverage matters.Strong organizational and project management skills, with the ability to manage multiple competing priorities and drive matters to completion.Commercially minded and results-oriented, with the ability to balance legal risk with business objectives and deliver practical solutions.Admitted to practice law in a relevant state jurisdiction.If interested, please apply for a confidential conversation today!