Reinsurance Contracts Counsel - Large, Global Re-insurer!
Reinsurance Contracts Counsel - Large, Global Re-insurer!
Our client, one of the largest re-insurers in the world, who provide insurance companies with a diversified and innovative range of solutions and services to control and manage risk are seeking a specialised and experienced Re-Insurance Contracts Counsel to join their leading business and US legal team.
The role holder will be responsible for:
- Providing legal guidance and support re: any assigned P&C transactional and underwriting matters (including detailed contract wording review and editing and developing preferred company P&C contract language) for the Americas, EMEA and, bandwidth permitting, other geographies as needed (with a focus on reinsurance and alternative solutions).
- Supporting product development and the entry into any new lines of business, notably by providing contractual support to P&C treaty and speciality underwriters (e.g., policy/contract wordings, program agreements/business, third-party administrator agreements, non-disclosure agreements, etc.).
- Supporting the development of protocols and guidelines to be embedded into the P&C business unit to ensure there are institutional best practices.
- Providing the required legal support and expertise to support the development and roll-out of the P&C sections of the company's contract wording tool, in coordination with business wording experts, P&C leadership and the P&C Legal community.
- Providing support (as needed) to the Chief (and Deputy Chief) Claims Counsel re any claims/coverage related issues arising from drafting/wording issues and coordinating with P&C teams on lessons learned and their impact on contract wording going forward.
- Developing and conducting training's to the underwriter community.
- Monitoring, understanding, analysing, and proactively developing P&C's contract wording responses to emerging (re)insurance issues and trends, requiring an awareness and understanding of global developments and trends.
Candidate Must Haves:
- Ideally 5+ years of experience, with clear drafting, negotiation and maintenance of Re-Insurance contracts and wording, with a broader appreciation and understanding of the P&C world,
- J.D. from an accredited law school or international equivalent.
- Licensed to practice and a member in good standing/the ability to immediately reactivate membership in at least one US state.
- Experience with Latin America's market is a plus - but not required.
- A proficiency in Spanish or Portuguese is a plus - but not required.
Competitive salary, hybrid working from their NYC Manhattan, Chicago downtown or Miami downtown offices, with bonus and market leading wider benefits.
If interested, reach out for more information today - all calls and conversations are fully confidential.
