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- Tasks: Provide legal support across various business lines in a dynamic environment.
- Company: Join Allied World, a global leader in insurance and reinsurance solutions.
- Benefits: Enjoy a competitive salary, career growth opportunities, and a vibrant workplace culture.
- Why this job: Be part of a diverse team making impactful decisions in the insurance industry.
- Qualifications: Must be an English-qualified solicitor with 8+ years of relevant experience.
- Other info: Position based in London or Bermuda; EU work permit required.
The predicted salary is between 43200 - 72000 £ per year.
Allied World Assurance Company Holdings, AG, is a global provider of property, casualty, and specialty insurance and reinsurance solutions, with over 1,600 employees worldwide. We are located in the Walkie Talkie building at 20 Fenchurch Street, London. We are seeking a VP, Assistant General Counsel for our Global Markets Legal & Compliance Group. The role involves providing in-house legal services supporting various business lines, including General Casualty, Healthcare, Professional Lines, and Reinsurance.
Key Responsibilities:
- Drafting policy forms and endorsements.
- Analyzing terms of new/renewal business for exposures and compliance.
- Reviewing and negotiating agreements.
- Supporting legal processes and policy development.
- Providing legal support to underwriters and claims personnel.
- Managing policy wordings and endorsements for reinsurance.
- Coordinating with the Legal Department and handling complex issues.
Person Specification:
- English-qualified solicitor or barrister.
- At least 8 years’ experience, with 4 years in insurance/reinsurance litigation or arbitration.
- In-house experience in insurance or Lloyd’s is advantageous.
- Experience drafting insurance contracts.
- Strong analytical, communication, and interpersonal skills.
- Organized, decisive, and able to handle multiple projects.
This position is based in London or Bermuda. The role requires an EU work permit. Allied World is an equal opportunity employer.
VP, Assistant General Counsel, Global Markets Legal & Compliance Group (London) employer: Allied World Assurance Company Holdings
Contact Detail:
Allied World Assurance Company Holdings Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP, Assistant General Counsel, Global Markets Legal & Compliance Group (London)
✨Tip Number 1
Network with professionals in the insurance and reinsurance sectors. Attend industry events or webinars to connect with individuals who may have insights into the role or the company. This can help you gain valuable information and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in global markets legal and compliance. Being well-versed in current issues will not only boost your confidence but also demonstrate your commitment to the field during interviews.
✨Tip Number 3
Prepare for potential interview questions by reviewing common scenarios faced by in-house counsel in the insurance sector. Think about how you would approach drafting policy forms or negotiating agreements, as these are key responsibilities of the role.
✨Tip Number 4
Showcase your leadership skills and experience in managing complex legal issues. Be ready to discuss specific examples from your past roles that highlight your ability to lead projects and support teams effectively.
We think you need these skills to ace VP, Assistant General Counsel, Global Markets Legal & Compliance Group (London)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the VP, Assistant General Counsel position. Familiarise yourself with the key responsibilities such as drafting policy forms and providing legal support to underwriters.
Tailor Your CV: Customise your CV to highlight relevant experience in insurance or reinsurance litigation, particularly focusing on your analytical and communication skills. Emphasise any in-house experience and your ability to manage multiple projects.
Craft a Compelling Cover Letter: Write a cover letter that showcases your qualifications and enthusiasm for the role. Address how your background aligns with the job description, particularly your experience in drafting insurance contracts and handling complex legal issues.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no grammatical errors or typos, as attention to detail is crucial in legal roles. A polished application reflects your professionalism.
How to prepare for a job interview at Allied World Assurance Company Holdings
✨Know Your Legal Stuff
Make sure you're well-versed in the legal aspects of insurance and reinsurance. Brush up on relevant laws, regulations, and recent case studies that could impact the role. This will show your expertise and readiness to tackle complex issues.
✨Demonstrate Your Experience
Prepare to discuss your previous roles in detail, especially your experience in insurance/reinsurance litigation or arbitration. Highlight specific cases where you successfully managed legal processes or negotiated agreements, as this will showcase your practical knowledge.
✨Showcase Your Communication Skills
As a VP, Assistant General Counsel, you'll need to communicate effectively with various stakeholders. Be ready to provide examples of how you've successfully collaborated with underwriters, claims personnel, or other departments in your past roles.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's legal strategies, challenges they face in the market, or their approach to compliance. This not only shows your interest in the role but also your strategic thinking and understanding of the industry.
