Senior Counsel - Financial Risk Solutions Legal

If you're passionate about being part of a diverse organization that enables a Fortune 100 company with nearly $70 billion in annual sales to deliver innovative business solutions with excellence, then Nationwide's Legal team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

The Senior Counsel will be a critical member within Nationwide’s Office the Chief Legal Officer (OCLO) and will support various insurance regulatory matters and transactions involving financial insurance and risk transfer solutions for Nationwide’s Specialty Finance department.  The successful candidate will have deep experience supporting complex transactions, including investment, M&A, capital markets and/or cross-border insurance and reinsurance transactions. 

 

Responsibilities:

• Advise on legal and regulatory issues related to financial lines insurance products and related transactions.  
• Provide counsel on insurance transactions, including drafting and negotiating insurance policies, financing agreements, collateral agreements, term sheets, NDAs, reinsurance agreements, and other ancillary agreements.
• Advise on compliance with relevant insurance laws, regulations, and standards.
• Manage and oversee cross-border insurance and reinsurance transactions.
• Collaborate with internal stakeholders and external partners to support business objectives, including engagement of U.S., Bermudian, Cayman and European counsel, as necessary.
• Stay up to date on changes in insurance laws and regulations and advise the company accordingly.
• Assistance with claims handling matters and preparation for dispute resolution proceedings and negotiations, as needed.

This can be a hybrid work opportunity.

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Job Description Summary

Would you thrive in an environment where you can deliver top-quality legal services to support the goals and business objectives of a Fortune 100 insurance and financial services company? If you possess the legal education, skills and expertise needed to provide outstanding service, advice, and counsel, we want to hear from you!

As Senior Counsel, you will independently provide deep expert legal advice and counsel on highly complex legal matters with senior level leaders. You will negotiate significant income generating deals on behalf of business partners and the enterprise. We’ll count on you to create valuable risk management recommendations by leveraging sound risk assessment information and actively identifying and logically assessing potential legal risks in ambiguous, unique and/or the most complex business situations which have the greatest potential for significant impact to the company.

Job Description

Key Responsibilities: 

• Provides legal subject matter expertise on specialized privacy, real estate, investment, or capital markets related matters and transactions.

• Advises, counsels, develops conclusions and recommendations, negotiates on behalf of business partner, drafts necessary legal documents, and closes deals that are financially significant, high-risk, or highly complex and that directly generate income and affect the enterprise’s profitability.

• Creates valuable risk management/mitigation recommendations leveraging sound risk assessment information to further achievement of the enterprise’s privacy, real estate and