обновлено 7 дней назад
Senior Legal Counsel, Ceded Reinsurance
116 080 - 159 610$
Мэтч & Сопровод
Для мэтча с этой вакансией нужен Plus
Описание вакансии
Текст:
TL;DR
Senior Legal Counsel, Ceded Reinsurance (Reinsurance/ILS): Structuring, drafting, negotiating, and closing complex outwards reinsurance, trust, collateral, fronting, quota share, ILW, and ILS agreements with an accent on Bermuda regulation, governance, and counterparty risk controls. Focus on leading cross-border negotiations, maintaining global reinsurance wording standards, and coordinating timely execution across underwriting, finance, claims, brokers, and external counsel.
Location: Richmond, Virginia, United States; hybrid. US work authorization is required, and visa sponsorship is not available.
Salary: $116,080–$159,610 per year, plus 25% bonus potential.
Company
Group is a Fortune 500 holding company operating insurance, reinsurance, specialist advisory, and investment businesses across more than 20 countries.
What you will do
- Provide end-to-end legal support for outwards reinsurance and collateralized risk transfer transactions.
- Structure, draft, negotiate, and finalize reinsurance, trust, broker, commutation, confidentiality, and specialty product agreements.
- Support fronting, quota share, industry loss warranty, and Insurance Linked Securities programs for Bermuda Limited.
- Maintain trust and collateral frameworks, Risk Transfer Framework Agreements, signatory governance, and collateral sufficiency controls.
- Advise underwriting, ceded reinsurance, finance, claims, brokers, Nephila legal teams, reinsurers, and external counsel on complex transactions.
- Maintain global reinsurance wording libraries and ensure timely execution, regulatory compliance, governance alignment, and risk controls.
Requirements
- Bachelor’s degree and JD required.
- 8+ years of transactional experience in insurance or reinsurance.
- Deep knowledge of fronting, quota shares, trust agreements, ILWs, collateralized ILS programs, and transactional drafting and negotiation.
- Expertise in Bermuda insurance regulation, BMA filings, governance, collateral, credit, and concentration risk.
- Understanding of US, Bermuda, and England and Wales reinsurance law and regulatory requirements.
- US work authorization required; does not provide visa sponsorship.
Nice to have
- Familiarity with specialty products such as BESS.
- Experience leading complex cross-border negotiations with counterparties and external counsel.
- Experience working with ILS groups, brokers, reinsurers, or Bermuda-based transactions.
Culture & Benefits
- Hybrid work environment with the ability to work independently and as part of a global team.
- Health, dental, vision, life, disability, and AD&D insurance options for full-time employees.
- 401(k) with employer match and Employee Stock Purchase Plan.
- PTO, corporate and floating holidays, and parental leave.
- Focus on collaboration, continuous improvement, customer service, and work-life support.
Hiring process
- Submit an application through Careers.
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