Assistant Vice President, Legal Counsel

Liberty Mutual Canada

  • Toronto, ON
  • Permanent
  • Full-time
  • 29 days ago
Job Description:Assistant Vice President, Legal CounselDepartment: Legal & ComplianceLocation: TorontoReports To: SVP, Chief Counsel & Chief Compliance OfficerCompany 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 300 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. At Liberty Mutual Canada, our values are to foster a high-performing, equitable and inclusive culture where the best talent of all backgrounds can bring their whole selves to work and succeed.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 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:Reporting to the SVP, Chief Counsel and Chief Compliance Officer, the AVP, Legal Counsel will lead or assist with legal matters across all lines of business, advise on a variety of legal, compliance, regulatory and privacy issues, and generally advise with requirements related to Liberty Mutual Canada's business.Duties and Responsibilities:
  • Lead compliance with applicable and federal/provincial privacy law OSFI regulations
  • Advise on a variety of legal and regulatory issues with emphasis on insurance laws and regulations, including licensing matters and reinsurance compliance
  • Provide high-quality legal research, legal risk identification and mitigation, analysis of issues substantially impacting the Company's business
  • Drafting and negotiation of commercial and regulatory agreements (reinsurance, fronting, data/privacy, vendor, broker, program)
  • Respond to federal and provincial regulatory consultations/data calls (OSFI, AMF, FSRA, OPC) and lead complaint investigations
  • Proactively identify legal and regulatory risks and conducti training and compliance support sessions for internal clients
  • Advise and provide support with respect to sanctions law and complaint related matters
  • Coordinate with lawyers in other teams within Liberty Mutual on matters where necessary
Skills & Qualifications:
  • Member in good standing of the Law Society of Ontario.
  • Minimum of 5 years of regulatory/compliance related experience in the P&C insurance industry, other financial institution, or large law firm.
  • Strong understanding of OSFI federal and provincial regulations, commercial insurance and privacy laws, complaints handling, and regulatory filings in the insurance sector.
  • Strategically focused and ability to build relationships with business partners and other stakeholders and a desire to be part of the overall Liberty Mutual Canada team.
  • Ability to translate evolving legal/regulatory landscape into concise, clear commercial risk mitigation strategies and provide actionable guidance that enables business growth rather than obstructs it .
  • Strong attention to detail, accuracy, and organizational skills within a commercial context.
  • Excellent written and verbal communication skills, with the ability to communicate complex legal and compliance concepts effectively.
  • Demonstrated leadership in guiding and mentoring junior legal professionals, overseeing external counsel relationships, and shaping strategic direction as a thought leader within the legal team.
  • Strong time management and multitasking abilities to meet multiple deadlines.
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.

Liberty Mutual Canada