Legal Counsel - Credit & Surety - Hybrid
NACBA, Chicago, IL, United States
Legal Counsel – Credit & Surety – Hybrid
Locations: Kansas City, MO | Chicago, IL
Swiss Re Corporate Solutions is the commercial insurance arm of Swiss Re Group. We are looking for a Legal Counsel to join our Corporate Solutions (CorSo) Legal Team to provide transactional, regulatory, and legal support to our North America Credit & Surety business unit.
About the Role In this role you will act as the principal legal advisor to the CorSo Credit & Surety business in the US and Canada and will:
Provide pragmatic legal advice designed to enable and support Credit & Surety business growth in NA in compliance with applicable state and insurance laws and regulations, while clearly articulating legal risks and opportunities.
Be a subject‑matter expert in NA Contract and Commercial Surety, including drafting and negotiating bond forms, indemnity agreements, co‑surety agreements and agency agreements.
Support underwriters at every stage of the transaction life cycle, facilitate the closing of transactions, and advise on any restructuring and unwinding of transactions.
Advise on relevant licensing and regulatory issues in relation to Credit & Surety transactions and work closely with other internal experts in the management of regulatory relationships.
Provide legal support for internal group projects and strategic initiatives with key constituencies (Finance, Tax, Operations, Underwriting, Sales).
Support legal entity management and corporate governance related issues, working closely with other regional legal team members.
Partner and collaborate with various regional and functional stakeholders within the company (such as other Legal teams, Compliance, Actuarial, Contracts and Wordings, Finance, Internal Audit, Operations, Risk and Underwriting) to ensure holistic assessment and mitigation of risks.
Apply legal practices and controls that comply with Group guidelines, local corporate governance practice, statutory requirements and applicable regulatory agencies for CorSo regional entities.
About the Team The CorSo Credit & Surety Legal team consists of eight lawyers located across North America, Europe, and Asia. This is a largely transactional role providing legal support to underwriters, product managers, risk managers, and claims specialists in a highly commercial way.
About You You're a proactive legal professional with an ability to meet competing deadlines and work effectively in a demanding, fast‑paced environment. You combine technical excellence with commercial awareness, enabling you to provide pragmatic solutions that balance legal risk with business objectives. Your strong communication skills allow you to explain complex legal concepts clearly to diverse stakeholders.
You Bring
Admitted to the bar of at least one state in the United States, preferably Illinois, Kansas, or Missouri, depending on hiring office.
Minimum of 6 years' legal experience in a large law firm setting or financial services organization; specific experience with credit insurance, surety bonds/guarantees or banking/finance is highly preferred.
Ability to identify, research and analyze difficult issues in ambiguous circumstances and concisely summarize complex issues for senior leaders.
Experience in advising on insurance or financial services licensing and regulatory aspects.
An understanding of direct and excess lines domestic and international insurance, as well as distribution networks, broker and agency relationships.
Experience in negotiating, drafting, and amending contractual agreements, specifically bond forms, indemnity agreements, co‑surety agreements, agency and distribution agreements.
High personal integrity, with ability to apply highest ethical standards and maintain independence as a lawyer.
Ability to manage multiple priorities in a fast‑paced environment.
"Can‑do" mindset with dedication to continuous learning and development.
Comfort working independently while collaborating with a global team.
Why Join Us? Swiss Re Corporate Solutions is one of the world's leading providers of reinsurance, insurance and other forms of insurance‑based risk transfer.
We Offer
A highly collaborative, international working environment.
Exposure to complex Surety transactions and commercial contracting models.
Flexibility and a hybrid working approach.
The opportunity to shape how legal support is delivered in a modern insurance business.
Compensation Base salary range for this position in Chicago, IL and Kansas City, MO is $156,000 to $210,000.
Hybrid Work Model Hybrid work model where the expectation is that you will be in the office three days per week.
Equal Opportunity Statement Swiss Re is an equal‑opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
Accommodations During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
Information Reference Code: 137461
#J-18808-Ljbffr
Swiss Re Corporate Solutions is the commercial insurance arm of Swiss Re Group. We are looking for a Legal Counsel to join our Corporate Solutions (CorSo) Legal Team to provide transactional, regulatory, and legal support to our North America Credit & Surety business unit.
About the Role In this role you will act as the principal legal advisor to the CorSo Credit & Surety business in the US and Canada and will:
Provide pragmatic legal advice designed to enable and support Credit & Surety business growth in NA in compliance with applicable state and insurance laws and regulations, while clearly articulating legal risks and opportunities.
Be a subject‑matter expert in NA Contract and Commercial Surety, including drafting and negotiating bond forms, indemnity agreements, co‑surety agreements and agency agreements.
Support underwriters at every stage of the transaction life cycle, facilitate the closing of transactions, and advise on any restructuring and unwinding of transactions.
Advise on relevant licensing and regulatory issues in relation to Credit & Surety transactions and work closely with other internal experts in the management of regulatory relationships.
Provide legal support for internal group projects and strategic initiatives with key constituencies (Finance, Tax, Operations, Underwriting, Sales).
Support legal entity management and corporate governance related issues, working closely with other regional legal team members.
Partner and collaborate with various regional and functional stakeholders within the company (such as other Legal teams, Compliance, Actuarial, Contracts and Wordings, Finance, Internal Audit, Operations, Risk and Underwriting) to ensure holistic assessment and mitigation of risks.
Apply legal practices and controls that comply with Group guidelines, local corporate governance practice, statutory requirements and applicable regulatory agencies for CorSo regional entities.
About the Team The CorSo Credit & Surety Legal team consists of eight lawyers located across North America, Europe, and Asia. This is a largely transactional role providing legal support to underwriters, product managers, risk managers, and claims specialists in a highly commercial way.
About You You're a proactive legal professional with an ability to meet competing deadlines and work effectively in a demanding, fast‑paced environment. You combine technical excellence with commercial awareness, enabling you to provide pragmatic solutions that balance legal risk with business objectives. Your strong communication skills allow you to explain complex legal concepts clearly to diverse stakeholders.
You Bring
Admitted to the bar of at least one state in the United States, preferably Illinois, Kansas, or Missouri, depending on hiring office.
Minimum of 6 years' legal experience in a large law firm setting or financial services organization; specific experience with credit insurance, surety bonds/guarantees or banking/finance is highly preferred.
Ability to identify, research and analyze difficult issues in ambiguous circumstances and concisely summarize complex issues for senior leaders.
Experience in advising on insurance or financial services licensing and regulatory aspects.
An understanding of direct and excess lines domestic and international insurance, as well as distribution networks, broker and agency relationships.
Experience in negotiating, drafting, and amending contractual agreements, specifically bond forms, indemnity agreements, co‑surety agreements, agency and distribution agreements.
High personal integrity, with ability to apply highest ethical standards and maintain independence as a lawyer.
Ability to manage multiple priorities in a fast‑paced environment.
"Can‑do" mindset with dedication to continuous learning and development.
Comfort working independently while collaborating with a global team.
Why Join Us? Swiss Re Corporate Solutions is one of the world's leading providers of reinsurance, insurance and other forms of insurance‑based risk transfer.
We Offer
A highly collaborative, international working environment.
Exposure to complex Surety transactions and commercial contracting models.
Flexibility and a hybrid working approach.
The opportunity to shape how legal support is delivered in a modern insurance business.
Compensation Base salary range for this position in Chicago, IL and Kansas City, MO is $156,000 to $210,000.
Hybrid Work Model Hybrid work model where the expectation is that you will be in the office three days per week.
Equal Opportunity Statement Swiss Re is an equal‑opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
Accommodations During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
Information Reference Code: 137461
#J-18808-Ljbffr