Reinsurance Contracts Counsel

Company:  Safety National
Location: St. Louis
Closing Date: 19/10/2024
Salary: £200 - £250 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Stop searching. Start growing. It’s time to build a meaningful career where you can grow, your ideas can thrive, and you are recognized and valued. Join a team committed to your excellence, and apply to Safety National today!

This opportunity is in the Legal Department. Working actively with executive and senior leadership teams, our Legal department assists in achieving the company’s goals by not only partnering with the business, but also managing corporate liability and compliance. Employees within the department work on various legal and business-related issues daily. As a group of forward-thinking individuals, our progress and success rely heavily on prioritizing the use of technology and innovation as well as fostering a supportive team environment.

Role Description:

In the role of Reinsurance Contracts Counsel, you will work under the direction of the Assistant Vice President & Senior Counsel to provide legal guidance related to assumed and ceded reinsurance contracts, coverages and legal issues by leveraging demonstrated ability for sound business judgment while supporting a growing reinsurance organization in these areas.

Your day-to-day responsibilities as Reinsurance Contracts Counsel will include:

  1. Reviewing all contracts for new and renewal assumed reinsurance transactions, including multiple iterations from initial draft to firm order terms/final contract
  2. Advising underwriters and decision makers on material terms of each reinsurance agreement, including coverage, data and other material provisions
  3. Reviewing all non-disclosure agreements (NDAs), addenda and endorsements for assumed reinsurance business
  4. Responsible for and ensuring consistency across clauses, contracts, including standardized contract wordings that are required by the company. Must be able to maintain a consistency of approach by program, line of business, treaty and/or broker
  5. In conjunction with the General Counsel, you will serve as a resource to the Ceded Reinsurance Department and will provide contractual review of the Company’s ceded reinsurance agreements

The ideal candidate is:

  1. Attorney with primary responsibility for identifying confidentiality and privacy requirements, including GDPR, CCPA and other privacy-related laws and provisions, across all reinsurance agreements
  2. Fluent in translating legal advice into actionable guidance for business teams
  3. Sharp analytical and communication skills, and a diligent, proactive and collaborative approach having shown balanced legal and business judgment and strategic thinking
  4. Ability to prioritize high-volume workload and manage several large projects simultaneously with minimal supervision

Qualifications:

Education:

  1. Must have a J.D. from an accredited law school

Required Qualifications:

  1. 7+ years minimum of casualty and/or professional lines reinsurance contractual experience
  2. Must be currently licensed to practice law in at least one state
  3. Proficiency in the use of Microsoft Office
  4. Ability to work independently on complex tasks with a proven record of producing excellent work product
  5. Demonstrated understanding of the reinsurance insurance industry and reinsurance operations

If this role describes you, apply today! Remote employment is available.

A Benefits Structure That Puts Employees First

Safety National’s approach to benefits reaches far beyond competitive fixed compensation. Instead, we construct a total rewards benefits package for each valued member of our team. Highlights include incentive award bonuses, an annual holiday bonus, and profit-sharing contributions. Other exceptional benefits include generous healthcare coverage, a 401(k) match, enhanced paid caregiver leave, and family-forming benefits for adoption, surrogacy, and fertility. We also promote balance by offering a hybrid working environment and several employee appreciation events throughout the year. Apply today to learn more about our total rewards approach.

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