Corporate Counsel, U.S. Insurance

Job Description

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose. Our greatest strength is a talented team who flourishes in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our Client Centric, Risk Centric and Technology Centric strategies.

Built to be resilient, Ascot offers clients leading financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.

Position Overview

Reporting to the Senior Corporate Counsel, the Corporate Counsel, U.S. Insurance will serve as a key member of the U.S. Corporate Legal team, with primary responsibility for contract negotiation and commercial and strategic transactions. This role combines day-to-day transactional legal work with meaningful engagement across the specialty insurance business and requires a trusted advisor who can partner effectively with underwriting, reinsurance, claims, finance, and other internal stakeholders. This is an opportunity to make a significant contribution within a growing organization and to help support the continued development of Ascot U.S.

Responsibilities

• Serve as a legal partner to Ascot U.S.’s insurance and reinsurance businesses, including ceded and captive reinsurance, programs, and claims operations, while supporting underwriting, finance, operations, and other internal stakeholders as needed.
• Draft, review, and negotiate a broad range of commercial agreements, including producer and distribution agreements, TOBAs, vendor contracts, NDAs, employment agreements, office leases, IT procurement agreements, statements of work, and other third-party arrangements.
• Review and negotiate reinsurance agreements and related documentation, including captive reinsurance transactions, treaty and facultative placements, slip terms, loss portfolio transfers, and other supporting materials.
• Support the programs business by drafting, reviewing, and negotiating program administrator agreements, fronting arrangements, profit commission schedules, and related distribution agreements.
• Advise claims leadership on coverage issues, claims-related contractual matters, and dispute resolution, including coordination with outside counsel on litigation and arbitration matters as appropriate.
• Partner with the U.S. General Counsel, Senior Corporate Counsel, and other senior leaders on complex strategic and commercial transactions.
• Manage outside counsel relationships, engagements, and legal spend effectively.
• Work closely with the Controller and CFO teams to support finance-related matters, including investments, auditor interactions, and capital markets activity such as debt issuance or capital raising, as needed.
• Collaborate with other members of the Legal team on legal, regulatory, compliance, corporate governance, and other matters supported by the U.S. Corporate Legal function.
• Perform other related duties and special projects as assigned.
• Demonstrate The Ascot Way in daily interactions by fostering collaboration, inclusivity, accountability, and colleague development.
  
  

Qualifications

• Juris Doctor required.
• Minimum of five years of legal experience in a law firm and/or relevant in-house legal role.
• At least three years of experience in the insurance industry, either in-house at an insurance or reinsurance company or in private practice serving insurance and financial services clients.
• Strong understanding of commercial insurance and reinsurance concepts, including distribution, risk-sharing, ceded reinsurance structures, and intercompany contracting; experience in property and casualty or specialty property and casualty insurance is strongly preferred.
• Experience drafting, reviewing, and negotiating reinsurance agreements, program administration agreements, and/or insurance coverage matters.
• Strong organizational and project management skills, with the ability to manage multiple competing priorities and drive matters to completion.
• Commercially minded and results-oriented, with the ability to balance legal risk with business objectives and deliver practical solutions.
• Excellent written and verbal communication skills, with strong judgment and attention to detail.
• Demonstrated ability to work effectively across functions, advance complex matters collaboratively, and take ownership of outcomes.
• Self-starter with the ability to work independently while also contributing effectively in team-based environments.
• Ability to learn quickly, adapt to new subject matter, and grow into broader responsibilities over time.
• Strong interest in gaining exposure to a broad range of legal and business matters within a dynamic organization.
• Admitted to practice law in a relevant state jurisdiction.
• This position may be filled at a different level, depending on experience***
  
  

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, long-term incentives, and other forms of discretionary compensation awarded by the Company.

The annualized base pay range for this role is: $175,000 - $190,000.

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)