Liberty Mutual

Sr. Reinsurance Counsel

Liberty Mutual$179K — $209K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • J.D. or L.L.B. degree and bar admission in at least one U.S. jurisdiction
  • 8-10 years of legal experience focusing on reinsurance transactional matters
  • Expertise in reinsurance law with minimal supervision
  • Strong analytical, legal writing, and oral communication skills
  • Client-focused with effective interaction with stakeholders
  • Proven business judgment with an ability to provide technical leadership
  • Familiarity with corporate and insurance operations

Responsibilities

  • Lead counsel on domestic and international reinsurance matters, including contract drafting and negotiations
  • Provide legal support on transactions such as ILS and M&A, including due diligence and documentation
  • Oversee reinsurance disputes and manage outside counsel
  • Advise the Company on reinsurance aspects of legal and business transactions
  • Conduct legal research on reinsurance, accounting, and regulatory issues
  • Represent the Company in response to legal changes before regulatory bodies
  • Mentor junior staff and share technical guidance

Benefits

  • Collaborative work environment with experienced legal professionals
  • Opportunity to work on complex and high-impact reinsurance matters
  • Potential for professional development and mentorship
  • Involvement in strategic company transactions
  • Access to ongoing legal education and resources
Full Job Description
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 supportingLibertys 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 nonU.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 Companys 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 peoplemanagement 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 810 yearsexperience 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.

About Liberty Mutual

Since 1912, Liberty Mutual Insurance have committed theirselves to providing broad, useful and competitively-priced insurance products and services to meet their customers' ever-changing needs. Their delivery on this commitment is the reason they're now the third largest property and casualty insurer in the U.S. based on 2012 direct premium written according to the National Association of Insurance Commissioners.

Liberty Mutual Careers

Join the vibrant team at Liberty Mutual, a leading global insurance company, where your career is in your hands. At Liberty Mutual, we are committed to fostering an inclusive culture that values diversity and innovation. With a variety of job opportunities across multiple fields, this is where your professional journey can truly flourish.

Work You’ll Do

At Liberty Mutual, you’ll be part of a team that’s dedicated to empowering people to live safer, more secure lives. Whether you’re interested in a position in claims handling, underwriting, or customer service, you’ll find a platform here to enhance your skills and push the boundaries of what you can achieve.

Explore Our Job Opportunities

Liberty Mutual offers a range of career paths for both seasoned professionals and those just starting out. Our internship programs provide invaluable hands-on experience, helping to bridge the gap between education and full-time employment. For those seeking to grow their career, we offer positions that challenge and inspire, backed by benefits that support both professional and personal growth.

Innovate with Us

Innovation is at the heart of Liberty Mutual. We encourage our team to bring fresh ideas that drive industry leadership and improve customer experiences. By joining our team, you’ll collaborate with talented professionals who are keen on developing solutions that lead the market.

Develop Your Career

Liberty Mutual is deeply invested in the professional development of its employees. With comprehensive diversity training and leadership programs, we prepare you to take on leadership roles within the company. Networking opportunities within the company can lead to mentorship and further career advancement.

Benefits of Joining Liberty Mutual

Working at Liberty Mutual comes with numerous benefits. From competitive salaries to health and wellness programs, we ensure our team members are well taken care of. More than just a job, a position at Liberty Mutual is a stepping stone to a fulfilling career.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Liberty Mutual. We are actively hiring and looking for individuals who are passionate, curious, and ready to drive change. Enhance your resume, prepare for your interview, and become part of a company that values your unique skills and vision.

Stay Connected

Keep up to date with the latest from Liberty Mutual Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get insights into new postings and career tips directly from our team.

Liberty Mutual: A Place to Grow, Innovate, and Lead

Discover how you can make a difference. Visit our careers page to find the position that’s right for you and join a team that’s committed to growth, leadership, and innovation. At Liberty Mutual, your career is what you make it.
Learn more about Liberty Mutual
Size
45,000 employees
Industry
Founded
1912

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