Senior Counsel

If you're passionate about being part of a diverse organization that enables a Fortune 100 company 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.

Job Description: This position will be a critical member of a Reinsurance / Insurance Claims and Alternative Risk center of excellence within Nationwide’s Office the Chief Legal Officer (OCLO) and will support such matters throughout the Nationwide enterprise. This position involves providing specialized legal and regulatory expertise to support (re) insurance coverage analysis and (re) insurance claims / litigation, manuscript drafting of insurance policies, and external audit matters.

This position will also provide significant support for reinsurance transactions, and alternative risk financing strategies for Property & Casualty and Financial Services. The successful candidate will have experience in various areas related to insurance, reinsurance, and risk management.

• Familiarity with various property & casualty insurance products, including general liability, auto liability, property, workers’ compensation, excess & surplus lines, management specialty lines insurance – E&O, D&O, fiduciary liability, surety, credit insurance, etc. and drafting manuscript endorsements.
• Identify, assess, and mitigate legal risks across the organization and develop strategies to protect the company's interests.
• Provide legal advice on corporate governance, regulatory, compliance, and risk management for captive insurance programs.

• Advise on coverage issues and (re) insurance recoverable strategies.
• Drive pursuit of insurance and reinsurance claims, drafting demand letters, providing strategic advice, oversight, and management of outside counsel over arbitration and litigation matters.

• Identify and evaluate material matters for disclosure working across the organization and with external counsel, issuing audit letters.
• Familiarity with Model Audit Rule.
• Negotiate various engagement letters with auditors.

• Review and negotiate reinsurance and fronting agreements, including ancillary agreements, and advise on issues involving reinsurance intermediaries, program administrators, third party administrators, trusts, multinational insurance programs, etc.
• Address legal and regulatory issues, including license, registration, collateral, tax, etc.
• Advise on the establishment, regulation, and ongoing governance and administration of reinsurance entities and captive insurers.
• Advise on alternative risk financing mechanisms, including captives, structured insurance solutions, insurance-linked securities and notes, catastrophe bonds, and other innovative solutions.
• Evaluate the legal and regulatory implications of alternative risk structures.

• Navigate international regulatory frameworks for cross-border reinsurance transactions.
• Analyze legal and compliance aspects of global reinsurance operations working with other areas of expertise, including privacy, tax, trade and economic sanctions, and other regulatory implications.

This position can be fully remote reporting into our Columbus, Ohio corporate office.

• Provides the highest level of subject matter expertise for legal specialties on significant, high-risk, or highly complex legal matters. Regularly attends business partner meetings to better understand business processes and needs.
• Identifies and logically assesses potential legal risks. Creates risk management/mitigation recommendations using sound risk assessment information to further achievement of business objectives. Drafts necessary legal documents and develops conclusions and recommendations.
• Regularly interacts with senior leaders in…