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Shape insurance regulation as a Senior Legal Counsel in Chicago’s dynamic reinsurance market.

Lead regulatory reporting, governance, and business strategy for Swiss Re’s U.S. insurance platform.

Title: Legal Counsel

Location: Chicago, IL, US
Description: Help Shape the Future of Insurance—From a Legal and Regulatory Frontline

We’re looking for a strategic, forward-thinking Legal Counsel to join our North America team and play a key role in supporting a complex, fast-moving (re)insurance business.

This is a high-impact role at the intersection of regulation, governance, and business strategy—ideal for a lawyer who thrives in a dynamic environment and is energized by working closely with senior leaders, regulators, and cross-functional teams.

You will help drive proactive regulatory reporting, strong governance practices, and business-enabling legal solutions across a diversified insurance platform. If you’re looking to combine technical excellence, regulatory insight, and real business impact, we’d love to hear from you.

What You’ll Do

Lead Regulatory & Governance Efforts

Take a hands-on, proactive role in regulatory reporting and disclosures across U.S. insurance entities

Partner with Compliance, Risk, Finance, and business leaders to deliver clear, accurate, and timely regulatory submissions

Anticipate regulatory developments and translate them into practical guidance and action plans

Support interactions with regulators, including preparing materials for examinations, inquiries, and meetings

Help strengthen and streamline governance frameworks, reporting processes, and internal controls

Be a Trusted Business Partner

Serve as a go-to legal advisor for underwriting, claims, and operations teams, in particular for Swiss Re's Corporate Solutions Property & Specialty book across the United States

Provide practical, solution-oriented guidance on insurance regulatory matters, in particular in relation to Property & Specialty

Support innovative and complex insurance transactions, including bespoke and structured deals

Collaborate on strategic initiatives, including in relation to Swiss Re's international programs and new business opportunities

Work Across a Global, Collaborative Network

Partner with colleagues across Legal, Compliance, Risk, Finance, and Actuarial

Contribute to cross-functional projects that shape how we operate and grow

Engage with global teams on matters with broader business or regulatory impact

About the Team

You will join the Corporate Solutions Legal North America team, a group of 10 experienced lawyers/legal professionals supporting a broad commercial insurance platform across the U.S. and Canada. The team works closely with the business as trusted advisors; balancing growth ambitions with regulatory discipline and reputational protection.

We operate in a fast-paced, matrix environment and collaborate extensively with colleagues across regions and functions.

About You

What You Bring

Experience

6–10+ years of legal experience in a top law firm, insurance company, or financial services institution

Strong background in U.S. insurance regulation and governance frameworks

Experience with regulatory reporting, filings , or supervisory engagement preferred

Familiarity with insurance transactions, policy wordings, or structured deals is a plus

Skills & Mindset

Commercially-minded and proactive—you anticipate issues before they arise

Able to simplify complex legal and regulatory topics into clear, actionable advice

Strong communicator with experience preparing senior-level or executive-facing materials

Comfortable operating in a fast-paced, matrixed environment

Collaborative, adaptable, and driven by delivering solutions, not just identifying risks

Why Join Us

Regulatory influence: Play a meaningful role in shaping how we engage with regulators across the U.S.

Business exposure: Partner closely with underwriting and deal teams on complex transactions

Collaborative culture: Join a high-performing, supportive legal team that values innovation and growth

Additional Information

Bar admission in at least one U.S. state required (IL, NY, or MO preferred)

Travel: Limited (<10%)

Other languages are a plus

Salary

The estimated base salary range for this position in Chicago, IL or Kansas City, MO, is $156,000 to $210,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

Legal Counsel