Counsel - Insurance Regulatory and Compliance

About the role

The primary purpose of this position is to provide legal advice and strategic counsel to business leaders on a broad array of property and casualty insurance matters in admitted and surplus lines of business, including regulatory and insurance compliance, market conduct and other exams, insurance filings, insurance‑related transactions such as reinsurance arrangements, distribution and delegated authority agreements, and agreements for claims administration and other insurance services. The role requires a practical, business‑oriented attorney who can balance legal risk with commercial objectives in a highly regulated environment.

Responsibilities

• Provide legal counsel on a variety of insurance matters for both admitted and surplus lines, including regulatory compliance, market conduct exams, financial and operational exams, producer and adjuster licensing issues, and consumer complaint responses.
• Support the preparation, review, and submission of regulatory filings, including rate and form filings, change‑of‑control and holding‑company filings, withdrawal plans, regulatory notices, and investments.
• Advise business leaders on legal and regulatory implications of strategic initiatives, new products, operational changes, and (re)insurance regulatory and compliance matters.
• Review, draft, and negotiate intercompany reinsurance agreements, ceded and assumed reinsurance agreements, MGA agreements, claims administration agreements, and other reinsurance‑related agreements.
• Conduct legal and regulatory research to ensure compliance with applicable laws and regulations.
• Monitor relevant legal and regulatory developments across applicable jurisdictions.
• Maintain knowledge of the organization’s operations and legal documents.
• Apply working knowledge of data privacy and cybersecurity laws in negotiations.
• Partner with supporting functions to implement processes that mitigate identified legal risks.
• Perform additional tasks as required by the General Counsel.
• Collaborate with the Legal and Compliance team and other departments to ensure consistency in legal advice and provide top‑notch customer service.
• Work independently with strong attention to detail and professionalism, upholding ethics and integrity.

Requirements

• Juris Doctor (JD) degree from an accredited law school.
• Minimum of 5 years of relevant experience as an attorney focusing on insurance compliance and regulatory work.
• Active and in good standing membership in a U.S. state bar.
• Strong foundation in insurance law matters.
• Ability to research insurance laws, regulations, and case law, and to interpret and apply them.
• Excellent written and verbal communication skills.
• Strong analytical and problem‑solving abilities.
• Attention to detail with the capacity to manage multiple projects simultaneously.
• Demonstrated ability to provide practical, strategic, and solutions‑driven legal advice.

Applicants must be legally authorized to work in the United States. Sponsorship for employment visas is not available.

Pay

• Chicago: $173,706 – $208,386
• New York City: $189,618 – $227,562
• Albany: $158,000 – $189,516
• Base salary ranges for other locations will vary based on local cost of labor; compensation will be commensurate with candidate experience.
• Eligibility for an annual bonus based on company and individual performance.

Benefits

• Competitive compensation package with performance‑based incentives.
• Comprehensive health, dental, and vision coverage.
• 401(k) plan with company match.
• Paid time off.
• Professional development opportunities.

Core Values

• Integrity
• Collaboration
• Pursuit of Excellence
• Forward Thinking