Counsel - Management Liability & Specialty Lines

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.

Nationwide's Management Liability & Specialty (MLS) Legal team is seeking to hire a Counsel role to provide dedicated legal support across a portfolio of complex specialty insurance lines. In this role, you will draft, review, and negotiate policy forms and endorsements across management liability and specialty coverages — including D&O, EPL, Fiduciary, Crime, Cyber/Tech, Professional Liability, Financial Institutions, Surety, Trade Credit/Credit & Political Risk — and advise underwriters, product managers, and business partners on coverage interpretation, surplus lines and admitted product matters, regulatory compliance, and product development. Counsel will also have the opportunity to collaborate with the Reinsurance and Alternative Risk Transfer group.

The ideal candidate brings substantive experience in management liability or specialty insurance coverage law, thrives in a fast-paced, product development-driven environment, and is comfortable serving as a trusted legal advisor to sophisticated business partners across multiple lines of business simultaneously.

This position will be fully remote.

Job Description Summary

Would you thrive in an environment where you can deliver top-quality legal services to support business objectives of a Fortune 100 insurance and financial services company? If you have legal talent and great interpersonal and communication skills, we want to know more about you!

We provide legal expertise that reflects our commitment to innovative thinking, effective collaboration and a proactive approach to our work. As Counsel, you'll provide expert advice and build strong relationships with fellow team members and business leaders across many levels. We'll count on you to recommend risk management strategies by actively identifying and assessing risks in unique and complex situations that have potential for significant impact to the company.

Job Description

Key Responsibilities:

• Provides advice and expertise on a broad range of legal matters with minimal direction within a specific area of responsibility. Attends business partner meetings to better understand business processes and needs.

• Identifies and assesses risks in unique or complex business situations. Creates risk management/mitigation recommendations demonstrating sound risk assessment and legal skills.

• Addresses situations of high exposure or risk; understands business risk tolerance and considers it in the context of risk management strategies and actions. Has input into or influence on company decision-making.

• Builds creative, practical and effective solutions to issues with no established precedent. May interact with persons outside of the company on behalf of the organization.

• Leads matters that are complex and/or strategic in nature. Understands the business partner's goals, objectives and needs. Advises senior leaders on case law, legislative and regulatory matters. Considers the long-term business and strategic consequences of potential outcomes. Demonstrates strength with clients by clearly communicating legal requirements and cautionary counsel. Effectively responds to challenges and collaborates to achieve risk-mitigated outcomes.

• Builds and maintains a wide network of positive relationships at many levels within the OCLO and with business partners, including at leadership levels.

• Works independently and may also lead teams on group/client tasks, projects or assignments.

• May mentor less experienced attorneys or paralegals on business and legal issues.

May perform other responsibilities as assigned.

Reporting Relationships: May report to Vice President/Associate Vice President/Managing Counsel. May have the opportunity to supervise up to three legal associates.

Typical Skills and Experiences:

Education: JD from an American Bar Association-accredited law school.

License/Certification/Designation: Associates reporting within Nationwide’s Office of the Chief Legal Officer (OCLO) who are functioning in attorney roles must be fully licensed in accordance with OCLO policy, in good standing and in compliance with all continuing legal education requirements at all times in the state(s) in which they practice.

Experience: Typically, six or more years of relevant legal experience. Has demonstrated business knowledge.

Knowledge, Skills and Abilities: Has proven experience with or knowledge of an area of law, complex legal practices and procedures. Considered a specialist on a specific product, service or legal specialty (employment, finance, regulatory, real estate, securities, tax, etc.). Possesses sound business knowledge with respect to area of legal support. Strong verbal and written communication skills for interacting with associates and business partners. Skilled at interpreting statutes, regulations, insurance policies and other contracts. Decision-making ability to set work priorities and make recommendations. Ability to initiate, prioritize and coordinate complex projects and/or cases that cross functional or business lines. Takes the lead role in complex and/or strategic negotiations. Supervisory skills helpful, as this role may have the opportunity to supervise a small group of legal resources within an area of law.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not Eligible)

Working Conditions: Normal office environment. Occasional or regular travel, depending on role.

ADA: The above statements cover what are generally believed to be principal and essential responsibilities the of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit/Background Check: Due to the fiduciary accountabilities of this job, a valid credit and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision,life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer,click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

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For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov)

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for Counsel - 651002 : $138,000.00-$243,000.00The expected starting salary range for Counsel - 651002 : $138,000.00 - $206,000.00

Originally posted on Himalayas