What are the responsibilities and job description for the Senior Legal Contracts Counsel (Regulatory & Reinsurance) position at Oliver James?
Senior Legal Contracts Counsel (Regulatory & Reinsurance) (JOB-022025-269841) New York, New York Salary : USD225000 - USD250000 per annum bonus, benefits, fully remotePosition Overview / Summary : Senior counsel will support the insurance, reinsurance and legal / regulatory / finance / claim functions performed by the companies Legal team. This individual is responsible for drafting, reviewing, and negotiating various types of agreements critical to the fronting business model : general agency agreements, and their companion reinsurance and claim agreements, and various ancillary agreements, including collateral agreements and servicing agreements.Due to the fast-paced nature of the legal and insurance business environments, this individual must have excellent analytical skills and be able to quickly adapt to change and to multi-task various assignments. The individual must be able to provide legal guidance that balances both legal and regulatory requirements while meeting business objectives.Role and Responsibilities : Draft, negotiate, manage, and monitor various new and renewal contracts for assigned programs in accordance with the business standards and regulatory environment.Review, analyze and interpret new or revised laws, regulations, bulletins, and regulatory publications applicable to the business, as directed.Provide legal advice and guidance to internal constituencies and external stakeholders, as directed.Develop guidelines and / or processes for transactional, regulatory and compliance projects, including corporate governance, as directed.Required Skills, Key Competencies and Experience : Must have strong communication skills in framing and presenting legal and business perspectives and offering views in a concise and clear manner to internal business units and outside business partners.Familiarity with general agency agreements, claims administration agreements, reinsurance agreements, non-disclosure agreements, and service agreements.Demonstrated in-house experience advising and providing practical solutions to internal clients on contractual provisions with general agents, reinsurers, third-party administrators and vendors.Good understanding of commercial lines, personal lines and specialty insurance products and regulations applicable to such lines and products.Ability to effectively organize, prioritize, and meet deadlines for multiple, simultaneous projects.Strong analytical ability to draft and review contracts and analyze policy provisions, inclusive of coverage related matters.Demonstrated ability to successfully work independently as well as within a team to support the goals of the company.Good time management and high attention to detail are critical to this position.Qualifications and Education Requirements : Juris Doctorate from an accredited law school and currently licensed to practice law in at least one U.S. jurisdiction.8 years related experience within a law firm and / or in-house insurance legal department.Prior Property and Casualty Program business experience is a plus.Experience drafting and negotiating various agency, reinsurance, claims and vendor contracts, inclusive of handling contentious matters.#J-18808-Ljbffr
Salary : $225,000 - $250,000
