Department: Legal & Compliance

Location: Toronto

Reports To: SVP, Chief Counsel and Chief Compliance Officer

Company Overview:

Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal, and Halifax.

At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding, and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we'll continue to invest in it to create a stronger global organization.

If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!

Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:

- A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.

- Competitive health & dental benefits plan

- Market-leading pension plan

- Competitive time off policy

- External education & tuition reimbursement programs

- Employee & Family Assistance Programs

- An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion.

The Opportunity:

The Underwriting Counsel will provide legal and underwriting product support to the SVP, Chief Counsel and Chief Compliance Officer, and the underwriting business operation. The Underwriting Counsel's support will be important in the development of new and existing commercial insurance products in addition to providing other legal and regulatory support.

Duties and Responsibilities:

• Provides leadership in the development of new and existing products by managing and conducting legal research to assess legal risks associated with different types of insurance policies. Ensures particular emphasis on risks related to coverage, policy exclusions and endorsements and provides recommendations to mitigate those risks.
• Acts as a reference point with respect to the application and interpretation of policies as well as assists in drafting and approving complex policy wordings/ manuscripts, applications, customer communication and other policy related documentation.
• Utilizes deep understanding of federal and provincial insurance laws and regulations to provide legal guidance and support to the underwriting operation as well as implement changes, as appropriate.
• Collaborates closely with various stakeholders (internal clients/ business units), including underwriting and claims to advance Liberty Mutual Canada's business initiatives and ensures a risk-aware underwriting process. Provides legal guidance and support during the negotiation of policy terms and conditions.
• Leads all aspects of monitoring, reviewing, and summarizing industry trends, emerging risks and market developments related to Liberty's business to inform underwriting decisions and risk assessments. Develops and delivers training sessions to underwriters to enhance understanding of legal risks, coverage, and best practices.
• Leads the development of an internal manuscript governance framework and subject matter expert for global product development governance process.

Skills & Qualifications:

• LL.B./J.D. and member in good standing with a Canadian Professional Law Society.
• Bilingual (French-English) strongly preferred.
• 4-7 years of experience as a lawyer/ legal advisor, preferably within the P&C Commercial insurance industry.
• Knowledge of and experience with relevant legislation, regulation, and industry best practices
• Experience in commercial policy coverage review, legal research, contract drafting, product development and compliance frameworks.
• Excellent oral and written communication skills with a strong ability to build and maintain relationships with internal and external stakeholders.
• Expert level capabilities in negotiation and influencing skills.
• Strong organizational skills with a high degree of attention to detail.
• Ability to exercise independent judgment and to effectively prioritize work.
• Demonstrated legal analysis and project management skills.
• Must display effective use of Microsoft Word, Excel, and corporate and legal databases.

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary, or permanent), please let us know and we will work with you to meet your needs.