Berkley

  • Vice President and Senior Counsel

    Location Name CT, Greenwich
    ID
    2019-2813
    Date Posted
    2 months ago(7/5/2019 10:03 AM)
    Company
    W. R. Berkley Corporation
    Primary Location
    US-CT-Greenwich
    Category
    Legal
  • Company Details

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    "Our Company provides a state of predictability which allows brokers and agents to act with confidence."

     

    Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

     

    Along the way, we’ve been listed on the New York Stock Exchange, seen our revenue soar well past $7 billion, and become a well-respected Fortune 500 Company.

     

    Today, the Berkley brand comprises 53 Berkley companies worldwide. Still managed by our founder and largest shareholder, W. R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

     

    In April 2017, W. R. Berkley Corporation celebrated the 50th anniversary of its founding.

    Responsibilities

    The Vice President and Senior Counsel will be an active member of W. R. Berkley Corporation’s management teams for its Global Reinsurance Segment and its group-wide ceded reinsurance function, participating in the development of corporate policies, procedures and programs, and giving continual legal counsel to business colleagues and senior management, including to Berkley Insurance Company’s international branches.  The successful candidate will be a business-savvy leader capable of aligning the law department function with the operational goals of the Company, and providing critical support and legal advice to the Company’s reinsurance operations. The attorney will skillfully represent the Company when dealing with outside counsel, as well as domestic and international regulatory and licensing agencies.

     

    Some of the key points which make this opportunity attractive include:

    • Counsel and advise business clients on the reinsurance operations of a multi-billion dollar S&P and Fortune 500 corporation recognized as an industry leader, positioned for continued growth.
    • Work directly with W. R. Berkley’s General Counsel and in partnership with one of the most sophisticated teams of business executives, lawyers and compliance professionals in the country.
    • Work for a company whose leaders pride themselves on integrity, the culture for their employees and a reputation of relationships built on trust and respect with customers and government regulators.
    • Provide legal and regulatory support to global reinsurance operations, including locations in the US, UK, Canada, Hong Kong, Singapore, Labuan, Australia and Latin America.

    Responsibilities:

    • Hold legal and regulatory responsibility for W. R. Berkley Corporation’s reinsurance transactions and disputes, as well as related regulatory and corporate matters. Work directly with domestic and foreign treaty and facultative reinsurance units. Support the Company’s ceded reinsurance function at the group level, including assisting with internal and external reinsurance structures and wordings.
    • Develop and maintain relationships with key regulators, including with Berkley Insurance Company’s international regulators.
    • Provide counsel for reinsurance operations, including business and regulatory issues, product development, and managing outside counsel.
    • Work closely and proactively with senior management, providing legal counsel and guidance for both the ordinary and special activities of the Company to ensure maximum protection of its legal rights and to maintain its operations within the limits prescribed by law.
    • Advise on and draft treaty wording and other documentation in collaboration with business colleagues to accomplish stated business objectives while protecting the Company’s legal position.
    • Provide litigation and arbitration analysis, formulate dispute resolution strategies and select, manage and evaluate outside counsel, as needed, for reinsurance matters.

    Qualifications

    Requirements:

    • J.D. and membership in applicable bar association.
    • 10+ years of legal experience (in-house and law firm), including extensive reinsurance / insurance transactional and regulatory expertise.
    • Solution-oriented creative and strategic thinking to help business partners navigate legal and regulatory issues.
    • Business savvy and sound judgment in reinsurance matters combined with deep knowledge of law and industry practice to frame legal advice suited to the business context and objective.
    • Willingness to take initiative when needed; undaunted by occasional need to stretch and tackle unfamiliar problems.
    • Ability to analyze and manage litigation or arbitration and define strategies which position the Company to prevail while minimizing risk.
    • Expert skill in persuasion, negotiation, problem analysis and resolution.
    • Highly proficient multi-modal communicator effective with colleagues, business executives, outside counsel, and regulatory and governmental agencies.

     

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