Reinsurance Counsel
Larson Maddox · New York, NY · 1 wk ago
LegalFull-time
About the role
We are seeking a highly skilled and business-oriented Corporate Counsel to join a well established Insurance client. This attorney will serve as a key legal advisor to underwriting, ceded reinsurance, assumed reinsurance, finance, and executive leadership teams, providing strategic legal support on complex reinsurance transactions and commercial arrangements. The ideal candidate will have substantial experience negotiating and drafting reinsurance agreements, strong knowledge of insurance and reinsurance markets, and the ability to balance legal risk with business objectives in a fast-paced environment.
Responsibilities
- Provide legal support throughout the lifecycle of reinsurance transactions, from structuring and negotiation through execution and ongoing administration.
- Partner closely with underwriting, finance, actuarial, claims, risk, and compliance teams to develop and implement reinsurance programs aligned with corporate objectives.
- Advise business stakeholders regarding treaty interpretation, coverage disputes, commutation agreements, claims allocation issues, insolvency provisions, collateral requirements, and dispute resolution matters.
- Support strategic transactions involving reinsurance assets and liabilities, including mergers, acquisitions, portfolio transfers, and other corporate initiatives.
- Review and negotiate ancillary transaction documents, including trust agreements, collateral agreements, letters of credit, NDAs, and service agreements.
- Provide guidance regarding state insurance regulations, credit for reinsurance requirements, and other regulatory considerations affecting reinsurance structures.
Qualifications
- Juris Doctor (JD) from an accredited law school.
- Active license to practice law in at least one U.S. jurisdiction.
- 5+ years of relevant legal experience, including significant exposure to reinsurance transactions.
- Experience gained at a law firm, insurance carrier, reinsurer, broker, MGA, or other insurance-related organization.
- Strong experience drafting, reviewing, and negotiating sophisticated reinsurance agreements.
- Working knowledge of insurance regulatory frameworks and credit for reinsurance requirements.