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Senior Counsel

Company: CNA Insurance
Location: Chicago
Posted on: May 16, 2022

Job Description:

Senior Counsel-LEG0000TTDescription
CNA is one of the largest U.S. commercial property and casualty insurance companies. Backed by more than 120 years of experience, CNA provides a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada and Europe. Our focus on providing solutions and inspiring trust differentiates us from other companies and supports long-term relationships. Joining CNA offers an opportunity to be part of an evolving organization where employees are able to make an impact and drive change.Job SummaryWe are seeking an attorney with significant experience in private equity limited partnerships and other privately placed note transactions.Full legal services provided to the Investments, Treasury and Corporate Development Division (ITCD) of the Finance Department and parent corporation's portfolio managers.Corporate transaction specialist and legal expert in private equity limited partnerships and other privately placed transactions. Work assignments frequently consist of complex legal issues and facts, which require considerable legal judgment, experience and independent reasoning. This is not a trial attorney position.Experience in negotiating limited partnerships, private placements or other secured transaction documents would be helpful.Essential Duties & ResponsibilitiesPerforms a combination of duties in accordance with departmental guidelines:

  • Provides proactive and protective counsel to senior leaders and portfolio managers on matters of legal risk and obligation.
    • Prepares and/or reviews documents for private equity limited partnerships and hedge funds, other privately placed transactions or secured transactions.
      • Provides research, legal analysis, counsel and guidance on legal questions or issues on a wide range of private placements, commercial lending and banking-related matters.
        • Reviews and/or drafts contracts; reviews and creates templates.
          • Supervises outside counsel on secured financing transactions.
            • Regularly works with affiliated external clients while resolving legal issues.
              • Provides opinion or prepares position papers on various legal issues and interpretation of contractual provisions relating to various securities, bankruptcy and banking-related matters.
                • Monitors legal and regulatory developments; counsels management and affiliated external clients regarding changes.
                  • May act as subject matter expert and supervise outside counsel in securities, banking, bankruptcy or foreclosure litigation.
                    • May train internal and external staff on appropriate procedures.
                      • Responds to government agencies in relation to insurance financial exams, investments or banking matters.May perform additional duties as assigned.Reporting RelationshipOfficer
                        Skills, Knowledge & Abilities1. Strong knowledge of the theories, principles, practices and procedures of legal risk and management within an insurance organization or other regulated industry, which may include investment advisory services.
                        2. Excellent verbal and written communication, negotiation and presentation skills.
                        3. Strong negotiation, consultative and facilitation skills with the ability to interact effectively with all internal and external business partners.
                        4. Ability to exercise independent judgment and to work with and maintain confidential and sensitive information.
                        5. Excellent analytical and problem solving skills, and the ability to manage ambiguous situations and issues.
                        6. Proven ability to take a proactive long-term view of business goals and objectives to achieve strategic business results.
                        7. Knowledge of Microsoft Office Suite, Excel and other business-related software.
                        Education & Experience1. Bachelor's degree and JD (or equivalent), and admission to the bar of at least one state.
                        2. Minimum of five years of legal experience with a proven track record of results.
                        Job LegalPrimary LocationUnited States-Illinois-ChicagoOther LocationsUnited States-New York-New YorkOrganization Law - US Businesses
                        Job Posting Apr 15, 2022Unposting Date Ongoing

Keywords: CNA Insurance, Chicago , Senior Counsel, Legal , Chicago, Illinois

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