UFG is currently hiring Corporate Counsel to focus on contracts insurance and this role you will be responsible for drafting reviewing and finalizing formal documentation memorializing terms and conditions applicable to commercial contracts agency / broker agreements and reinsurance treaties. You will be challenged to learn and remain well informed of industry concepts and developments as well as trends and regulations to remain competitive.
Essential Duties and Responsibilities :
- Draft review and negotiate a broad range of contracts including reinsurance treaties agency / broker agreements vendor / service agreements software licenses / SaaS agreements and commercial real estate leases
- Identify terms that vary from company standards and policies to ensure consistency alignment with company strategies and appetite compliance with laws and regulations and recommend appropriate modifications
- Collaborate closely with the vendor management team to develop and maintain standard vendor contract templates playbooks and SLA terms
- Support the development and implementation of a library of preferred reinsurance provisions and formalized contract review procedures
- Stay updated on insurance / reinsurance rulings legal regulatory and emerging issues modifying or drafting new contract terms as necessary
- Oversee components of the insurance regulatory function including management of data call requests periodic reporting to state agencies and other ad hoc requests (e.g. sustainability disclosures)
- Develop specialized knowledge of particular lines of business or structures
- Assist in corporate governance and risk management activities as they pertain to reinsurance
- Provide accurate and timely counsel to the different internal business units and executives on a variety of legal topics including analysis of contract terms and conditions and strategies for resolving contract disputes
- Assist in improving and maintaining contract workflows document management and retention procedures and other company policies and records
- Champion a robust contract lifecycle management process
- Develop and deliver training on contract and regulatory issues to business stakeholders
- Undertake special projects and tasks as needed addressing unique legal challenges and supporting new business initiatives in a dynamic environment
Job Specifications : Education :
Juris Doctor (JD) degree from an accredited law schoolAdmission to at least one U.S. state barExperience :
Extensive experience (6 years) drafting reviewing and interpreting insurance reinsurance and / or commercial contracts preferably gained at an insurance or reinsurance companyExperience in reinsurance (Ceded Assumed FAL) strongly preferredCPCU or Are designation desirableKnowledge skills & abilities :
Advanced knowledge of contract terms conditions and legal ramificationsDemonstrated interest in expanding knowledge into new practice areas including corporate governance and evolving ESG reporting obligationsStrong knowledge of insurance and reinsurance principles contract structures and regulatory requirements.Excellent communication and interpersonal skillsStrong negotiation and contract management skillsAbility to manage multiple tasks and work effectively under pressureKeen analytical abilities and excellent judgment a pragmatic approach to problem solving flexibility to adapt and thrive in an environment that is constantly changing and the ability to make smart decisions in the face of ambiguity and imperfect informationSelf-directed solution-focused individual who has a strong work ethic strong business acumen and the ability to collaborate cross-functionally to achieve enterprise-wide resultsSuperior organizational and written and verbal communication skillsSkilled attention to detail and organization requiredAbility to prioritize and complete time-sensitive projects on timeMust deploy sound mature legal judgment and influence to build effective working relationships with a wide variety of internal and external colleaguesAbility to explain complex and / or sensitive information in a straightforward mannerDesire to be a collaborative member of a highly-engaged high performing teamWorking Conditions :
General Office EnvironmentMust be available for occasional business travel. Estimated to be 5% of time or less.Pay Transparency Laws
The salary range for this position (intended for U.S. applicants) is $110000 - $135000 USD. The actual salary will vary based on applicants education experience skills and abilities as well as internal equity and alignment with market data. The salary may also be adjusted based on applicants geographic location.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this job. It is not designed to contain or be interpreted as a comprehensive list of all duties responsibilities and skills required. Additional tasks and requirements may be assigned as necessitated by business need. UFG retains the right to modify the description of this job at any time.
Key Skills
Sales Experience,Time Management,Marketing,Customer Service,Communication skills,Retail Sales,Business Management,Outside Sales,Telemarketing,Insurance Sales,Medicare,Phone Etiquette
Employment Type : Full-Time
Department / Functional Area : Legal
Experience : years
Vacancy : 1
Monthly Salary Salary : 110000 - 135000