Cincinnati Financial Corp

Reinsurance- Director ll

Cincinnati Financial Corp • $175K — $225K *
Fairfield, OH 45014In-Person
Legal & Accounting
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Juris Doctor (J.D.) degree from an accredited law school
  • Active membership in good standing in at least one U.S. state bar
  • Minimum of five years of legal experience in insurance, reinsurance, or financial services
  • Significant experience handling regulatory matters in insurance and reinsurance
  • Preferred experience in reviewing and negotiating reinsurance agreements

Responsibilities

  • Serve as a legal advisor to Cincinnati Re, providing practical legal counsel across departments
  • Advise on U.S. and international reinsurance regulatory matters and compliance
  • Monitor and analyze legal developments affecting the reinsurance industry
  • Partner with stakeholders to develop policies meeting legal requirements
  • Provide legal support for strategic initiatives and reinsurance transactions
  • Identify and mitigate legal risks within the organization
  • Review and negotiate reinsurance agreements and related documents

Benefits

  • Diverse workplace culture fostering lifelong learning and professional development
  • Access to tools and training for success in the insurance field
  • Flexible remote work arrangement
  • Variety of benefits and amenities to support associate well-being
  • Opportunity to develop strong relationships with independent agents
Full Job Description
Cincinnati Re, a division of The Cincinnati Insurance Company, seeks an experienced attorney to join the Cincinnati Re Legal team. This position will serve as legal advisor to Cincinnati Re, providing strategic legal guidance across all aspects of the business, with a particular focus on reinsurance regulatory matters, corporate governance, compliance, transactional support and reinsurance contract wording review and analysis. The position is fully remote.

Salary : The pay range for this position is $175,000 - $225,000 annually. Pay is based on the applicant's education, experience, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

Be ready to:

  • 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
  • advise 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


Be equipped with:

  • 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


Bring education and experience from:

  • 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 preferred


Enhance your talents

Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you're new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional - all while enjoying a meaningful career.

Enjoy benefits and amenities

Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities.

Embrace a diverse team

About Cincinnati Financial Corp

Cincinnati Financial Corporation is a property casualty insurance company that primarily operates in the Midwest and Southeastern regions of the United States. The company offers a wide range of insurance products, including personal, commercial, and life insurance. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio. The company has a strong financial position and has consistently paid dividends for over 60 years. Cincinnati Financial Corporation is committed to providing excellent customer service and has received numerous awards for its claims handling and customer satisfaction.
Learn more about Cincinnati Financial Corp
Size
5,166 employees
Market Cap
$16.5 billion
Industry
Finance & Insurance
Net Income
$1.2 billion
Founded
1950
5 Year Trend
+12.1%
Revenue
$7.5 billion
NASDAQ
CINF
* Ladders Estimates

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