AVP & Associate General Counsel

Requirements

• Law degree from an ABA accredited law school
• State bar admission, with ability to obtain limited in-house admission as necessary to fulfil applicable state registration requirements.
• Experience in insurance regulatory matters.
• 4 + years' experience focused on insurance regulatory and/or insurance contracting matters.
• Experience with insurance agency, program administrator, third-party claims administrator, and/or reinsurance agreements preferred by not required.
• Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.
• #LI-Hybrid
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Benefits

Additional Information

- Core Specialty is seeking an Associate General Counsel to serve as a lead advisor for Core Specialty's regulated insurance distribution and risk-transfer relationships. The Associate General Counsel will own the review and drafting of contracts with insurance producers, managing general underwriters, program administrators, third-party claims administrators, and reinsurers. The Associate General Counsel will also act as a trusted advisor to business leadership on insurance regulatory matters impacting distribution, reinsurance, and other insurance operations matters, ensuring alignment with applicable laws and regulations. Key Accountabilities/Deliverables: Lead the review, drafting, and negotiation of: Producer, agency, and broker agreements; Managing general underwriter and program management agreements; Third-party claim administrator agreements; and Assumed and ceded reinsurance agreements. Engage with internal and external stakeholders to ensure such contracts are in line with applicable laws, regulations, and company policies. Provide proactive, business-oriented guidance to company leaders regarding insurance regulatory matters, contract interpretation, and best practices as a subject matter expert. Partner with compliance and business teams to translate regulatory requirements into operational practices. Advise on insurance regulatory aspects of strategic initiatives, including mergers and acquisitions, program launches, new product development, and new distribution arrangements involving producers, brokers, managing general underwriters, and third-party claim administrators. Oversee tracking and reporting of reinsurance agreements, including key terms, renewals, and compliance requirements. Provide general corporate and cross-functional legal support and assist with special projects. Technical Knowledge and Understanding: Knowledge of legal and contractual principles and practices relating to insurance agencies, third-party claim administrators, and reinsurance preferred but not required. Strong understanding of the property and casualty insurance industry. Strong analytical, communication and writing skills. Ability to balance commercial objectives with legal and risk considerations.

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