Investment / Real Estate Counsel

State Farm Insurance Cos   •  

Bloomington, IL

Industry: Finance & Insurance

  •  

Not Specified years

Posted 45 days ago

Duties and Responsibilities:

State Farm Insurance Companies is offering a Counsel opportunity with a Fortune 50 in-house legal team within the Investments Unit located in Bloomington, Illinois. This is not a virtual position. Primary job responsibilities include counseling State Farm on: (i) commercial mortgage loan transactions; (ii) the acquisition, development and sale of investment real estate; (iii) fixed income and private placement investments; (iv) private equity investments; (v) the formation and governance of affiliated entities; and (vi) laws and regulations impacting the investment activities of an insurer and its affiliates.

Interested candidates should have:

  • Experience in representing financial institutions in complex commercial mortgage loan transactions and construction loans.
  • Experience in counseling financial institutions on purchases and sales of commercial real estate and real estate construction and development issues.
  • Advanced document drafting skills associated with commercial mortgage loan and real estate transactions.
  • An understanding of real estate joint venture transactions and financial relationships between investors.
  • An understanding of private equity investments.
  • Experience in fixed income and private placement investments.
  • An understanding of limited liability company and partnership organizational structures and governance.
  • An awareness of current economic trends and laws and regulations impacting the investment activities of insurers and institutional investors.
  • Demonstrated legal, organizational and interpersonal skills.
  • Demonstrated ability to work independently in a fast-paced environment.
  • Demonstrated ability to multi-task and coordinate the services of numerous transaction parties.
  • Superior written and verbal communication skills.
  • A strong work ethic and customer-service mentality.
  • The ability to work in an environment that emphasizes information sharing, collaboration, teamwork, mutual respect and integrity.

Additional Details:

Competencies required for this role include: Critical Thinking; Technical/Functional Expertise; Communication; Resourcefulness; Relationship Building; Initiative; Work Ethic; Integrity

  • Law degree and excellent academic credentials from an ABA-accredited school required
  • Must have active license to practice law in at least one state and a member in good standing of the bar
  • Must obtain a limited license if not already appropriately licensed in IL
  • Other than as authorized by the General Counsel or his designee, employees are not permitted to handle any legal business outside of State Farm except authorized pro bono work
  • Newly hired employees must cease all outside practice and all suit involvement before joining State Farm
  • Travel may be required via commercial transportation or driving to job related activities
  • May work irregular hours due to workload and nature of the work