Senior Counsel - Litigation

Coaction Specialty Insurance Group•Morristown, NJ

12d•Hybrid

About The Position

At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients. At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients. The Senior Counselor will have approximately 10 years legal experience handling insurance related litigation including contractual disputes, compliance and regulatory matters, and coverage litigation. A strong litigation background is desired. This senior counselor is responsible for representing the organization in litigation, while protecting the organization's rights, obligations and privileges and its legal interests by providing expert legal advice on litigation and regulatory enforcement matters.

Requirements

10 years of broad legal experience (preferably a blend of law firm and corporate in-house) working on increasingly more complex legal, transactional and governance matters.
Broad and in-depth understanding of commercial Property & Casualty business, as well as knowledge of the insurance business generally
Expertise in drafting contracts such as but not limited to MGA/MGU agreements, TPA agreements, vendor agreements, and M&A agreements.
Well-honed negotiation, consultative and facilitation skills with the ability to effectively and appropriately interact with internal and external business partners.
Excellent verbal and written communication, negotiation and presentation skills
Ability to exercise independent judgment, and to work with and maintain confidential and sensitive information, while also working effectively within a team and collaborating with other attorneys in group
Solutions oriented with strong project management and collaborative skills with colleagues and clients; ability to lead and facilitate projects including multidisciplinary meetings and to resolve and close matters on a timely basis.
Excellent analytical and problem-solving skills, with senior level competency in managing ambiguous situations and issues.
Proven ability to take a proactive long-term view of business goals and objectives in order to achieve strategic business results.
Ability to develop and maintain “trusted advisor” relationships with internal clients, as well as the Board and shareholders
Strong interpersonal skills with a collaborative and energetic style
Bachelor's degree with JD, and admission to the bar of at least one state.
The role is required to be onsite on our hybrid work schedule in either our NYC or Morristown, NJ office.

Nice To Haves

Securities law expertise a plus

Responsibilities

Provide sound, timely and business savvy legal counsel to senior management on legal, transactional, and contentious matters affecting Coaction companies
Proactive manages and advises on litigation involving the company.
Draft and advise on corporate contracts and business agreements.
Provides legal advice, guidance, and counsel to business partners on escalated disputes in advance of litigation.
Identifies, evaluates, and addresses issues of litigation or regulatory risk.
Act as lead counsel and project manager on corporate transactions, including acquisitions, financings, joint ventures and dispositions
Supervise and reach favorable resolution on contentious and pre-contentious matters involving corporate, distribution, and reinsurance issues
Negotiate significant agreements, including distribution agreements, reinsurance and retrocession policy wordings and information technology arrangements
Review and provide legal advice in connection with developing and drafting new insurance products and improving existing products
Provide pro-active and preventative counselling to reduce exposure to litigation and other legal risks
Researches, analyzes, and interprets proposed and existing laws, statutes, and regulations
Develop, implement and embed compliance and ethics policies
Effectively manage outside counsel expenditure through advantageous and alternative fee arrangements
Monitor legal and regulatory developments; communicate relevant law changes and counsel management regarding changes
Provide opinions and prepare position papers on various legal issues and interpretation of contractual provisions.