Insurance and Contracts Associate Counsel| OVG Corporate

1 month ago


Philadelphia, Pennsylvania, United States teamworkonline Full time

Overview

­­­­­­­­­­­The Insurance and Contracts Associate Counsel provides legal advice and support under the direction of the VP, Risk Management; provides contractual risk management support on legal matters affecting the company including commercial transactions, corporate governance, and litigated matters. Must be a team player, able to work across different departments and management levels, and focus on solving business and legal problems in a timely and practical manner.

This role will pay a salary of $143,000 to $169,000.

For FT roles: Benefits: Health, Dental and Vision insurance, 401(k) savings plan, 401(k) matching, and paid time off (vacation days, sick days, and 12 holidays).

Remove after Sept 15th, 2024

Responsibilities

This position will be responsible to:

  • Perform risk management in the structuring, drafting, reviewing and negotiating of company contracts, including corporate contracts, vendor sourcing, construction contracts, venue-level contracts and customer agreements. Primary focus on insurance requirements, indemnification language and other liability provisions in company contracts.
  • Fully understand the Corporate Insurance structure and coverage across all operations, domestic & foreign.
  • Provide general support for commercial transactions.
  • Respond to general legal inquiries from internal departments.
  • Review and respond from a risk management perspective to Requests for Proposals (RFPs), Requests for Information (RFIs) and other similar bid documents.
  • Perform research, analysis, and draft legal memoranda as requested by the VP Risk Management.
  • Assist in the oversight of outside coverage counsel, including insurance claims in litigation.
  • Proactively assist in the negotiating settlement of claims within evaluation and designated authority level.
  • Perform legal research and provide legal coverage opinions to claims personnel involving coverage issues.
  • Keep abreast of insurance coverage case law, trends and experience
  • Develop and present training programs to internal departments and participate in roundtable conferences with claims personnel on legal coverage matters.
  • Work collaboratively with other members of the corporate legal teams, risk management and claims teams and partners.
  • Travel as necessary to attend arbitrations, mediations, settlement conferences or trials. Participate in customer service visits or to further customer service relations.

Other Duties and Responsibilities:

  • Special Projects: Complete special projects and other tasks as assigned by leadership.
  • Continuing Education: Attend educational seminars and conferences. Enroll and complete continuing education programs for both professional and personal development

Qualifications

Skill Sets / Education & Experience Requirements:

  • Prior general business legal experience in a law firm or in-house environment.
  • Experience with drafting and negotiating contracts, commercial litigation, and/or corporate governance and transactional work.
  • Deep insurance background (5+ years of insurance focus), either in claims, underwriting, or insurance product development
  • Licensed to practice law in at least one jurisdiction; licensed or eligible to become licensed to practice law as in-house counsel in the State of Colorado or Commonwealth of Pennsylvania.
  • Knowledge of general legal terminology and legal principles.
  • Familiarity with legal concepts, statutes, and regulations.
  • Experience with contract drafting and negotiation, corporate governance and transactions, and/or civil litigation.
  • Ability to work independently under supervision of the VP, Risk Management.
  • Strong aptitude for managing and prioritizing multiple projects and deadlines.
  • Ability to function well under pressure and in a fast paced environment.


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