VP Reinsurance Counsel - Global P&C Insurance Business!
Vice President, Reinsurance Contracts Counsel
One of our major clients, a leader in the Insurance sector committed to delivering exceptional coverage and services, seeks to appoint a distinguished Vice President, Reinsurance Contracts Counsel to join their US team. The client is a global leader in the insurance industry and whilst you will work for the P&C side of the business you will get exposure across the broader team. In this role, you will report to the General Counsel and join a wider team of four counsel.
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 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 companies 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 trainings to the underwriter community.
- Monitoring, understanding, analyzing, 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.
Required Education and experience
- 3yrs+ exposure in the insurance sector as a contracts/ reinsurance counsel with contracts experience. Total of 6yrs+ experience from a wider legal perspective.
- 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.
Our client offers a competitive salary package, comprehensive benefits, and opportunities for professional growth within an inclusive and supportive environment. This is a permanent, full-time position located in the heart of the insurance industry. Make a decisive career move by becoming part of a forward-thinking company that values innovation and dedication.
If interested, please apply today. All conversations are fully confidential.
