Corporate Counsel Job in Seattle 98101, Washington Us
About Liberty Mutual Group
“Helping people live safer, more secure lives” since 1912, Boston-based Liberty Mutual Group is a diversified global insurer and third largest property and casualty insurer in the U.S. based on A.M. Best Company’s report of 2010 net written premium.
The Group also ranks 82nd on the Fortune 100 list of largest corporations in the U.S.
based on 2010 revenue. As of December 31, 2010, Liberty Mutual Group had $112.4 billion in consolidated assets, $95.4 billion in consolidated liabilities, and $33.2 billion in annual consolidated revenue.
Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety.
Liberty Mutual Group (www.libertymutualgroup.com) employs over 45,000 people in more than 900 offices throughout the world.
Advance your Legal career at Liberty Mutual - A Fortune 100 Company!
Liberty Mutual has an exciting opportunity available for a highly qualified attorney. The attorney will primarily provide legal services to surety underwriters for surety transactions. The attorney will provide legal counsel and risk analysis to the surety underwriters on transactional matters to facilitate surety business and permit surety business leaders to make informed business judgments. Also, the attorney will provide general corporate legal services to support the surety business unit.
Responsibilities:
- Provide contract and transaction analysis on job and account specific matters, advising on contract and bond provisions, negotiating terms, and drafting documents to support the business needs. Facilitate indemnity packages by assisting in negotiation and drafting indemnity agreements and related documents, while counseling on related indemnity questions.
- Facilitate LMS Legal Department's development of appropriate forms and account specific documents, and policy and procedures for their use, including indemnity agreements, international deeds of indemnity, subordination agreements, bonds forms, co-surety agreements and collateral agreements.
- Coordinate with LMS' Chief Counsel as well as other LMG legal resources to provide general corporate legal services to LMS as needed. Areas of general corporate legal support include compliance programs, corporate governance, litigation support, marketing materials, producer management, public affairs, reinsurance and underwriting limitations.
- Identifiy and inform surety business unit of legal developments and provides guidance on legal trends, statutory/regulatory developments and emerging risk issues. Prepare and deliver presentations/training sessions to LMS staff and industry organizations with respect to surety legal issues, and also stay abreast of developments in the law.
- Interact and collaborate with all levels of the underwriting and other surety operations units, accounts and their counsel, agents brokers, co-surety partners, obligees and industry organizations.
- Completion of Law School with law practice experience and/or transactional legal and/or surety claims experience (usually greater than 8 years) in handling surety or related matters.
- Comprehensive knowledge of surety, contract, and construction law.
- Strong aptitude for complex contract review and development. Exercises a high level of autonomy in handling assigned cases and transactional requests.
- Must be knowledgeable of private, state, and federal laws that are applicable to surety transactional matters.
- A full working knowledge of surety business operations and procedures as well as the ability to communicate effectively is required.
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
- 401K and Company paid pension plan
- Medical coverage
- Dental coverage
- Paid time-off
- Pay-for-Performance
- Discounts on automobile and homeowner's insurance
- Discount fitness memberships
- Flexible spending accounts
- Tuition reimbursement
- Vision care coverage
- Work/Life resources
- Credit Union membership
- Employee and Dependent life insurance
- Disability insurance
- Long-term care insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives everyday.
