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Deputy General Counsel - Insurance and Regulatory Affairs - On-site or Hybrid Op

ziprecruiter, West Des Moines, Iowa, United States, 50265

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Overview

Please ensure you read the below overview and requirements for this employment opportunity completely. The Deputy General Counsel – Insurance & Regulatory Affairs serves as a senior legal leader responsible for guiding the insurance-related legal strategy of The Mutual Group, company providing services to mutual insurance carriers. This role oversees legal support for insurance operations, regulatory compliance, reinsurance, program business, surplus lines, and risk exchange structures. Working in close partnership with the Deputy General Counsel – Corporate Legal Affairs, this position ensures comprehensive legal coverage across the enterprise.

This role demands deep expertise in property & casualty (P&C) insurance law, regulatory frameworks, and alternative risk transfer mechanisms. The Deputy General Counsel will serve as a key advisor to senior leadership, helping shape innovative insurance solutions while maintaining compliance and mitigating risk in a dynamic regulatory environment.

Responsibilities

Provide legal counsel on underwriting, claims, distribution, and product development

Support strategic initiatives in admitted and non-admitted markets, including E&S lines

Advise on broker relationships, surplus lines filings, and state-specific compliance

Structure and negotiate reinsurance treaties, risk exchange agreements, and captive arrangements

Ensure compliance with reinsurance regulations and contractual obligations

Collaborate with actuarial, underwriting, and finance teams to assess legal risks in program design

Advise on legal aspects of program administrator contracts and delegated authority arrangements

Support licensing, filings, and regulatory reporting for carriers and MGAs

Monitor legal developments affecting program business and distribution channels

Lead development and execution of compliance programs tailored to insurance operations

Respond to inquiries and examinations from state departments of insurance and other regulators

Track and interpret federal and state insurance laws, including NAIC model regulations

Partner with government affairs and compliance teams on advocacy and policy engagement

Work closely with underwriting, claims, compliance, finance, and operations to align legal strategy with business goals

Coordinate with the Deputy General Counsel – Corporate Legal Affairs to ensure seamless legal coverage

Contribute to enterprise risk management and strategic planning

Lead and mentor legal and compliance professionals focused on insurance matters

Promote legal awareness and training across insurance-related functions

Foster a high-performance, inclusive, and collaborative culture

Other duties as assigned

Qualifications

Juris Doctor (JD) from an accredited law school; active bar membership in good standing

Minimum of 10 years of legal experience, with significant focus on insurance law, reinsurance, and regulatory compliance

Proven expertise in P&C insurance, MGA operations, and E&S lines

Strong understanding of federal and state insurance regulatory frameworks

Experience with program business, risk exchange, and alternative risk transfer structures

Exceptional communication, negotiation, and leadership skills

High ethical standards and sound judgment

Periodic travel required

Benefits We are proud to offer a robust benefits suite that includes:

Competitive base salary plus incentive plans for eligible team members

401(K) retirement plan that includes a company match of up to 6% of your eligible salary

Free basic life and AD&D, long-term and short-term insurance

Medical, dental and vision plans to meet your unique healthcare needs

Wellness incentives

Generous time off program that includes personal, holiday and volunteer paid time off

Flexible work schedules and hybrid/remote options for eligible positions

Educational assistance

#J-18808-Ljbffr Remote working/work at home options are available for this role.