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Reinsurance Contracts Counsel (hybrid - m/f/x/d - 80-100%), London (GB)

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Swiss Re

9d ago

  • Job
    Full-time
    Junior & Mid Level
  • Consulting
    Legal
  • London

AI generated summary

  • You need a law degree, 2-3 years in re/insurance, P&C knowledge, digital skills, business acumen, project experience, and proficiency in English; Italian is a plus.
  • You will draft, review, and align reinsurance contracts, advise on legal implications, collaborate in negotiations, enhance contract management tools, and develop training materials.

Requirements

  • University degree in law and further professional legal qualifications
  • 2-3 years' experience in re/insurance as a lawyer/attorney or related experience such as contract/policy specialist or claims handling role would be beneficial
  • Solid understanding of P&C products and local re/insurance markets
  • Digital contracting capabilities, data analytical capabilities are a plus
  • Good financial and business acumen
  • Experience in project management, or participation in project teams is a plus
  • Proficiency in verbal and written English is required and additional European language, preferably Italian, would be beneficial

Responsibilities

  • Apply your re-/insurance experience and legal skills to the development of our reinsurance contracts
  • Independently draft and critique reinsurance contracts and related documents to align written agreements with business intent and corporate requirements
  • Align Swiss Re's reinsurance contracts with applicable law, regulations and internal requirements
  • Coordinate, communicate and participate in development of corporate policies on contract related matters
  • Collaborate with internal partners in contract negotiations, including discussions with external clients and brokers
  • Act as expert technical advisor, providing guidance to various corporate functions regarding contract interpretation, implications of contract language and standard methodologies
  • Contribute to our technology transformation journey by supporting the enhancement of our contract management IT infrastructure working closely with and developing tools
  • Support the development of training materials and deliver training
  • Maintain strong governance risk and control standards with respect to contract wordings and processes.

FAQs

What is the job title for this position?

The job title is Reinsurance Contracts Counsel.

Where is this position located?

This position is located in London, GB.

What type of work arrangement does this role offer?

This role offers a hybrid work arrangement.

What are the main responsibilities of the Reinsurance Contracts Counsel?

The main responsibilities include drafting and reviewing reinsurance contracts, advising on contract matters, negotiating terms with clients, and aligning contracts with applicable laws and regulations.

What is the required educational background for this position?

A university degree in law and further professional legal qualifications are required.

How many years of experience are recommended for this role?

2-3 years of experience in re/insurance or a related role is recommended.

Is knowledge of local re/insurance markets necessary for this position?

Yes, a solid understanding of Property & Casualty products and local re/insurance markets is necessary.

Are there any preferred skills for applicants?

Preferred skills include digital contracting capabilities, data analytical skills, financial and business acumen, and experience in project management.

Is proficiency in languages other than English required?

Proficiency in verbal and written English is required, and an additional European language, preferably Italian, is beneficial.

What qualities is the team looking for in a candidate?

The team is looking for an agile and innovative individual with a pragmatic, results-oriented attitude and a willingness to learn and grow.

Is there an emphasis on collaboration within the team?

Yes, the ability to build cooperative relationships with partners and clients is important for the role.

Does Swiss Re support diversity and inclusion in the workplace?

Yes, Swiss Re embraces an inclusive culture that encourages diverse perspectives and provides equal opportunities for everyone.

Swiss Re helps insurers and direct clients to shoulder risks through re/insurance and other solutions.

Finance
Industry
10,001+
Employees

Mission & Purpose

The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk taking upon which enterprise and progress in society depend. Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of over 70 offices globally and is rated "AA-"​ by Standard & Poor's, "Aa3"​ by Moody's and "A+"​ by A.M. Best. Registered shares in the Swiss Re Group holding company, Swiss Re Ltd, are listed in accordance with the Main Standard on the SIX Swiss Exchange and trade under the symbol SREN. We're smarter together.