Duties and Responsibilities: Duties and Responsibilities:
State Farm Insurance Companies is offering a Counsel opportunity with a Fortune 50 in-house legal team within the Investments Unit located in Bloomington, Illinois. This is not a virtual position. Primary job responsibilities include counseling State Farm on: (i) commercial mortgage loan transactions; (ii) the acquisition, development and sale of investment real estate; (iii) fixed income and private placement investments; (iv) private equity investments; (v) the formation and governance of affiliated entities; and (vi) laws and regulations impacting the investment activities of an insurer and its affiliates.
Interested candidates should have:
Experience in representing financial institutions in complex commercial mortgage loan transactions and construction loans.
Experience in counseling financial institutions on purchases and sales of commercial real estate and real estate construction and development issues.
Advanced document drafting skills associated with commercial mortgage loan and real estate transactions.
An understanding of real estate joint venture transactions and financial relationships between investors.
An understanding of private equity investments.
Experience in fixed income and private placement investments.
An understanding of limited liability company and partnership organizational structures and governance.
An awareness of current economic trends and laws and regulations impacting the investment activities of insurers and institutional investors.
Demonstrated legal, organizational and interpersonal skills.
Demonstrated ability to work independently in a fast-paced environment.
Demonstrated ability to multi-task and coordinate the services of numerous transaction parties.
Superior written and verbal communication skills.
A strong work ethic and customer-service mentality.
The ability to work in an environment that emphasizes information sharing, collaboration, teamwork, mutual respect and integrity.
Law degree and excellent academic credentials from an ABA-accredited school required
Must have active license to practice law in at least one state and a member in good standing of the bar
Must obtain a limited license if not already appropriately licensed in IL
Other than as authorized by the General Counsel or his designee, employees are not permitted to handle any legal business outside of State Farm except authorized pro bono work
Newly hired employees must cease all outside practice and all suit involvement before joining State Farm
Travel may be required via commercial transportation or driving to job related activities
May work irregular hours due to workload and nature of the work
Competencies required for this role include: Competencies required for this role include: Critical Thinking; Technical/Functional Expertise; Communication; Resourcefulness; Relationship Building; Initiative; Work Ethic; Integrity