[Remote] Corporate Counsel - Contracts, Insurance & Reinsurance

Remote Full-time
Note: The job is a remote job and is open to candidates in USA. UFG Insurance is currently hiring a Corporate Counsel to focus on contracts, insurance, and reinsurance. In this role, you will be responsible for drafting, reviewing, and finalizing formal documentation related to commercial contracts and reinsurance treaties while staying informed on industry trends and regulations. 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 Skills • Juris Doctor (JD) degree from an accredited law school • Admission to at least one U.S. state bar • Extensive experience (6+ years) drafting, reviewing and interpreting insurance, reinsurance and/or commercial contracts, preferably gained at an insurance or reinsurance company • Advanced knowledge of contract terms, conditions and legal ramifications • Strong knowledge of insurance and reinsurance principles, contract structures, and regulatory requirements • Excellent communication and interpersonal skills • Strong negotiation and contract management skills • Ability to manage multiple tasks and work effectively under pressure • Keen 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 information • Self-directed, solution-focused individual who has a strong work ethic, strong business acumen, and the ability to collaborate cross-functionally to achieve enterprise-wide results • Superior organizational and written and verbal communication skills • Skilled attention to detail and organization required • Ability to prioritize and complete time-sensitive projects on time • Must deploy sound, mature legal judgment, and influence to build effective working relationships with a wide variety of internal and external colleagues • Ability to explain complex and/or sensitive information in a straightforward manner • Desire to be a collaborative member of a highly-engaged, high performing team • Experience in reinsurance (Ceded, Assumed, FAL) strongly preferred • CPCU or Are designation desirable Benefits • Annual incentive compensation • Medical, dental, vision & life insurance • Accident, critical Illness & short-term disability insurance • Retirement plans with employer contributions • Generous time-off program • Programs designed to support the employee well-being and financial security. Company Overview • The United Fire Group (UFG) companies join together to offer a range of property/casualty products. It was founded in 1946, and is headquartered in Cedar Rapids, Iowa, USA, with a workforce of 501-1000 employees. Its website is Apply tot his job
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