At a Glance
- Tasks: Join our legal team to support surety transactions and advise on regulatory matters.
- Company: Swiss Re is a global leader in reinsurance and insurance solutions, committed to innovation.
- Benefits: Enjoy a hybrid work model, professional development opportunities, and a diverse workplace culture.
- Why this job: Make a real impact in a dynamic environment while working closely with decision-makers.
- Qualifications: A law degree with relevant experience in surety, banking, or insurance is essential.
- Other info: We value inclusivity and encourage applications from diverse backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
Location: London, GB
This is a legal counsel role (vice president level) in the Corporate Solutions Credit & Surety legal team. We are a small, global legal team providing dedicated transactional, regulatory and legal support to the Credit & Surety business unit which underwrites insurance in areas such as trade finance, project & infrastructure finance, commodity finance, political risk insurance and surety.
About the Role
In your role you will focus primarily on the surety side of the business, with typical tasks including:
- Conducting legal and regulatory review of surety transactions
- Drafting transaction documents (such as facility agreements, indemnity agreements and bonds) and advising on/negotiating terms.
- Advising on cross-border enforceability of contracts
- Advising on licensing and regulatory aspects in relation to international surety transactions
- Facilitating the closing of transactions and supporting underwriters during implementation, restructuring and unwinding of transactions.
- Providing legal support for internal group projects and strategic initiatives in relation to surety
- Foster and maintain positive working relationships with internal and external clients and outside counsel (as needed)
- Monitoring legal and regulatory trends affecting relevant business areas
- Conduct internal presentations and trainings on legal topics
About the Team
This is a full time position in a legal team that provides legal support to the global Credit & Surety insurance business at Swiss Re Corporate Solutions. This is a largely transactional role providing legal support to underwriters, product managers, risk managers, and claims specialists in a highly commercial way. Our client is a global business team, committed to delivering value and innovative solutions in the primary insurance space. In our team, you will be close to decision makers and directly see the results of your work.
About You
We would like you to have:
- A law degree with experience with a law firm or international financial institution/insurance company, preferably in one of the following areas of law: surety bonds/guarantees, banking/lending, insurance
- Experience and understanding of regulatory and licensing topics in cross-border scenarios
- Speak and write in English fluently, other languages are a plus.
- Enjoy working independently and handling multiple requests and deadlines.
- Display a can do mindset, are dedicated to learning and developing new skills and prepared to go the extra mile
- Can effectively handle and prioritize multiple requests and deadlines in a fast paced environment
- Are comfortable working independently alongside a global team situated in different locations
Personal Skills:
- You identify and report legal risks, provide professional advice, expertise and guidance, and apply sound judgement and counsel beyond the dimensions of laws and regulations
- You are a trusted business partner, who manages relationships and communicates legal and compliance concepts clearly and succinctly
- You possess excellent drafting, negotiation and influencing skills and can manage legal and compliance related matters
- You openly share assumptions, beliefs, values and thought process in reaching conclusions and are receptive to constructive challenge, are willing to learn, self-reflective, and collaborative
- You take responsibility for progress and/or outcomes, apply a measured appetite for risk, and plan ahead to deliver workable solutions
About Swiss Re Corporate Solutions
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Legal Counsel - Corporate Solutions Credit & Surety Legal Team (80 - 100% working degree) (London) employer: Placed
Contact Detail:
Placed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Counsel - Corporate Solutions Credit & Surety Legal Team (80 - 100% working degree) (London)
✨Tip Number 1
Familiarise yourself with the specific legal frameworks and regulations surrounding surety bonds and guarantees. Understanding these nuances will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance and legal sectors, particularly those involved in corporate solutions. Engaging with industry experts can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss recent trends in the insurance market, especially those affecting credit and surety. Being able to articulate your understanding of these trends will showcase your proactive approach and readiness for the role.
✨Tip Number 4
Highlight any experience you have with cross-border transactions or regulatory compliance in your discussions. This is a key aspect of the role, and demonstrating your expertise in this area can set you apart from other candidates.
We think you need these skills to ace Legal Counsel - Corporate Solutions Credit & Surety Legal Team (80 - 100% working degree) (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in legal counsel, particularly in areas like surety bonds, banking, and insurance. Use specific examples that demonstrate your expertise in drafting transaction documents and advising on regulatory matters.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined in the job description, such as conducting legal reviews and facilitating transactions.
Showcase Your Skills: Emphasise your excellent drafting, negotiation, and influencing skills in both your CV and cover letter. Provide examples of how you've successfully managed legal risks and communicated complex legal concepts to non-legal stakeholders.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents. Ensure there are no grammatical errors or typos, as attention to detail is crucial in legal roles. Consider asking a friend or colleague to review your application for clarity and impact.
How to prepare for a job interview at Placed
✨Understand the Surety Landscape
Familiarise yourself with the specifics of surety bonds and guarantees, as well as the regulatory environment surrounding them. Be prepared to discuss recent trends and how they might impact the business.
✨Showcase Your Drafting Skills
Since drafting transaction documents is a key part of the role, bring examples of your previous work or be ready to discuss your approach to drafting agreements. Highlight your attention to detail and ability to negotiate terms effectively.
✨Demonstrate Cross-Border Knowledge
Be prepared to talk about your experience with cross-border transactions and the legal complexities involved. Discuss any relevant cases where you successfully navigated licensing and regulatory issues.
✨Build Rapport with the Interviewers
As this role involves maintaining positive relationships with internal and external clients, focus on your interpersonal skills during the interview. Show that you can communicate legal concepts clearly and are open to collaboration.