Sr. Reinsurance Counsel

Description

Liberty Mutual is hiring a Senior Reinsurance Counsel to

serve as a key member of its Reinsurance Legal Team, serving as the primary

lead on assigned complex ceded and assumed reinsurance matters, providing

expert transactional and dispute advice and working closely with actuarial,

finance, and business stakeholders. The Reinsurance Legal team is a

collaborative group of experienced attorneys and legal professionals supporting Liberty’s ceded and assumed reinsurance business across the enterprise.

 

Typical starting salary is $179,000-$209,000

 

Key Responsibilities:

• Serve as lead counsel on domestic and non‑U.S. reinsurance matters, including drafting, reviewing, analyzing, interpreting, advising on, and negotiating ceded and assumed reinsurance contracts (treaty and facultative), commutations, adverse development covers, contract amendments, and collateral arrangements.
• Provide reinsurance legal support on transactional matters (e.g., ILS, M&A, and other corporate transactions), including due diligence, deal structuring, documentation review, and negotiation.
• Assist with and oversee reinsurance disputes, arbitrations, collections, and audits; engage and manage outside counsel where appropriate.
• Represent and advise the Company on reinsurance components of strategically important legal and business transactions involving complex or novel issues.
• Perform and direct comprehensive legal research on reinsurance and related accounting, regulatory, and corporate governance issues.
• Coordinate the Company’s position in response to changes in law; represent the Company before legislative, regulatory, and administrative bodies as needed.
• Provide technical guidance and ad hoc mentorship to junior staff (without formal people‑management responsibilities).
• Maintain current knowledge of legal developments in reinsurance and related areas; perform other duties as required by the practice group.

 

Qualifications

 

Minimum Qualifications:

• J.D. or L.L.B. degree and admission to the bar of at least one U.S. jurisdiction.
• Minimum of 8–10 years’ experience as a practicing attorney, with substantial and demonstrable experience in reinsurance transactional matters.
• Expert knowledge of reinsurance law and demonstrated ability to handle highly complex legal assignments with minimal supervision.
• Excellent analytical skills, legal writing, and oral communication.
• Strong client focus and proven ability to interact effectively with internal stakeholders, business leaders, outside counsel, and counterparties.
• Proven business judgment and ability to provide technical leadership on complex matters; experience mentoring junior attorneys preferred.
• Familiarity with corporate and insurance business operations and objectives.

About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefitsLiberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco