Reinsurance- Director ll

About the role

Cincinnati Re, a division of The Cincinnati Insurance Company, seeks an experienced attorney to join the Cincinnati Re Legal team.

Responsibilities

• Serve as a legal advisor to the Cincinnati Re business, providing practical, business-oriented legal counsel to underwriting, claims, operations, finance, and senior management
• Advise on U.S. and international reinsurance regulatory matters, including licensing, regulatory filings, corporate governance requirements, market conduct considerations, and ongoing compliance obligations
• Monitor, analyze, and communicate legal and regulatory developments affecting the reinsurance industry and assess their impact on Cincinnati Re’s business activities
• Partner with compliance and business stakeholders to develop and implement policies, procedures, and controls designed to meet applicable legal and regulatory requirements
• Provide legal support for strategic initiatives, new markets, and reinsurance transactions
• Identify, assess, and mitigate legal and regulatory risks across the Cincinnati Re organization
• Review, analyze, draft, and negotiate assumed and ceded reinsurance agreements and related transaction documents
• Provide legal guidance regarding the interpretation and administration of reinsurance contract provisions and assist in resolving contractual issues that arise during the life of an agreement
• Advises underwriters and business leaders regarding contract wording trends, market practices, emerging legal issues, and regulatory developments
• Collaborate with claims professionals regarding coverage, claims, and reinsurance recovery matters when legal support is needed
• Manage relationships with outside counsel and regulators, as appropriate
• Prepare legal memoranda, presentations, and training materials for business stakeholders
• Effectively manage multiple priorities, exercise sound judgment, and meet deadlines in a dynamic business environment

Requirements

• Substantial experience advising insurance, reinsurance, or other financial services organizations on legal and regulatory matters
• Strong knowledge of insurance and reinsurance laws, regulations, regulatory frameworks, and industry practices
• Working knowledge of reinsurance structures, underwriting practices, and claims processes
• Experience reviewing, drafting, negotiating, and interpreting reinsurance contracts and related commercial agreements
• Excellent legal research, analytical, negotiation, and problem-solving skills
• Exceptional written and verbal communication skills
• The ability to translate complex legal and regulatory issues into practical business advice
• Strong attention to detail and sound legal judgment
• The ability to work independently while collaborating effectively with colleagues across multiple departments
• Proficiency with Outlook, Word, Adobe, Excel, and other business technologies
• A proactive, solution-oriented approach to legal and regulatory challenges

Qualifications

• Juris Doctor (J.D.) degree from an accredited law school
• Active membership in good standing in at least one U.S. state bar
• A minimum of five years of legal experience in insurance, reinsurance, financial services, or a related regulated industry
• Significant experience handling insurance and reinsurance regulatory matters
• Experience reviewing and negotiating reinsurance agreements and contract wording issues
• PREFERRED: Experience at a reinsurance company, insurance company, law firm, or insurance regulatory authority

Skills

• Legal research and analytical skills
• Negotiation and problem-solving skills
• Written and verbal communication skills
• Attention to detail and sound legal judgment
• Ability to work independently and collaboratively
• Proficiency with relevant software and technology
• Proactive and solution-oriented approach to legal and regulatory challenges

Benefits

• Substantial compensation package including salary range of $175,000 - $225,000 annually
• Annual cash bonus and stock incentives based on company and individual performance
• Comprehensive benefits package