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State Farm is offering a Counsel opportunity within the Investments Unit of the Law Department, located in State Farm's corporate headquarters in Bloomington, Illinois. Our Law Department employees are challenged, committed and empowered. At State Farm, we help one another grow professionally and personally. It is part of who we are and have been since 1922.
The Investments Unit counsels on transactional, regulatory, and compliance matters related to State Farm's investment portfolios, which exceed $300 billion in assets. The Unit's primary responsibilities include counseling State Farm on: (i) commercial mortgage loan transactions; (ii) investment real estate; (iii) private corporate debt and other fixed income investments; (iv) investments in private equity funds; (v) venture capital and other equity investment transactions; (vi) the formation and governance of affiliated entities; and (vii) laws and regulations impacting the investment activities of an insurer and its affiliates. In addition to these core areas, the role of the Investments Unit continues to evolve and expand as new legal issues arise in an ever-changing business environment.
Interested candidates should have experience in one or more of the following areas:
Complex commercial mortgage loan transactions and construction loans.
Purchases and sales of commercial real estate and real estate construction and development issues.
Complex corporate finance transactions, including private corporate debt investments and other fixed income structures.
Candidates should also possess :
An awareness of current economic trends impacting institutional investors.
Demonstrated legal, organizational and interpersonal skills.
Demonstrated ability to work independently in a fast-paced environment.
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 law school required
Must have an active license to practice law in at least one state and be a member in good standing of the bar
Must be able to obtain a limited license if not already appropriately licensed in IL
Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work opportunity
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
The majority of State Farm employees are currently working in a virtual environment due to the pandemic. In July, State Farm is implementing a flexible work environment for most roles. The selected candidate should plan to spend time working both in the office in Bloomington, IL and from home as part of a hybrid work arrangement. Work arrangements could change over time based on business needs.