Reinsurance Contracts Specialist
3 weeks ago
Reinsurance Contracts Counsel Role
At Safety National, we're committed to fostering a supportive team environment where our employees can grow and thrive. As a Reinsurance Contracts Counsel, you'll play a critical role in achieving our company's goals by providing legal guidance related to assumed and ceded reinsurance contracts, coverages, and legal issues.
Key Responsibilities:
• Reviewing all contracts for new and renewal assumed reinsurance transactions, including multiple iterations from initial draft to firm order terms/final contract
• Advising underwriters and decision makers on material terms of each reinsurance agreement, including coverage, data, and other material provisions
• Reviewing all non-disclosure agreements (NDAs), addenda, and endorsements for assumed reinsurance business
• Ensuring consistency across clauses, contracts, including standardized contract wordings that are required by the company
Requirements:
• Attorney with primary responsibility for identifying confidentiality and privacy requirements, including GDPR, CCPA, and other privacy-related laws and provisions, across all reinsurance agreements
• Fluent in translating legal advice into actionable guidance for business teams
• Sharp analytical and communication skills, and a diligent, proactive, and collaborative approach having shown balanced legal and business judgment and strategic thinking
• Ability to prioritize high-volume workload and manage several large projects simultaneously with minimal supervision
Qualifications:
• Education: Must have a J.D. from an accredited law school
• Required Qualifications: 7+ years minimum of casualty and/or professional lines reinsurance contractual experience
• Must be currently licensed to practice law in at least one state
• Proficiency in the use of Microsoft Office
• Ability to work independently on complex tasks with a proven record of producing excellent work product
• Demonstrated understanding of the reinsurance insurance industry and reinsurance operations
Benefits:
At Safety National, we offer a comprehensive benefits package that includes incentive award bonuses, an annual holiday bonus, and profit-sharing contributions. We also provide generous healthcare coverage, a 401(k) match, enhanced paid caregiver leave, and family-forming benefits for adoption, surrogacy, and fertility. Our hybrid working environment and employee appreciation events throughout the year promote balance and well-being.
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