Full job description Position Summary:
The Associate Legal Counsel is responsible for conducting legal research on insurance laws, regulations, and precedents and providing valuable insights to support the resolution of legal issues. The role involves building productive relationships, contributing to the resolution of legal matters, and ensuring compliance with legal regulations. They apply company policies and procedures, collaborate with experienced team professionals, and continuously develop expertise in the field of legal counsel. Location:
Chicago - Illinois - Wacker What will your job entail?
Responsibilities:
Review, draft and negotiate a wide variety of contracts, with a focus on brokerage and binding authority agreements. Provide support to senior attorneys in complex commercial transactions such as M&A. Work closely with our legal and business teams as well as collaborate with various departments to help accomplish strategic objectives. Conduct legal and factual research, and data analysis and reporting as requested. Ensure legal and operational compliance of the Company's market partners. Utilize contract management software to manage agreements, amendments, legal and compliance due diligence and related tasks. Identify and assess legal and business risks to the Company. Collaborate with team members and communicate relevant information to business leaders and/or executives. Uphold the security and confidentiality of documents, data and potential business transactions. Ability to interpret and apply Company policies, procedures and processes. Perform other relevant duties as requested by senior attorneys and other executives. Work Experience:
2-5 years' experience as a practicing lawyer within the insurance industry, focusing on brokerage and binding authority agreements. Experience with benefits contracts, including medical stop-loss agreements, strongly preferred. Excellent legal, analytical, contract review and negotiating skills. Exceptional communication, project management and organization skills with the ability to develop trust and confidence from colleagues and clients. Able to develop and maintain positive relationships with internal and external business partners. Able to identify and articulate client/colleague needs and work through complex problems. Able to work in a fast-paced constantly changing environment. Able to prioritize tasks and projects and effectively manage time on own. Knowledge of the Insurance industry, insurance transactions and practices are preferred. Proficient in the use of Microsoft Office tools, including Outlook, Word and Excel. Familiarity with contract management software and/or technology using workflow is preferred. Ability to manage workload with minimal supervision. Critical attention to details. Proven track record of being a team player.
Education:
Juris Doctorate degree from an ABA accredited law school required.
Licenses & Certifications:
Minimum requirement for licenses to practice law in at least one US jurisdiction. Salary Range:
$135-145k ***Please disregard the salary listed below, it is inaccurate.
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce that is reflective of society throughout the entirety of the organization. Our vision is an inclusive and equitable workplace where all employees are valued and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $74,000.00 - $97,125.00 annually. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The base pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at
The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
