At a Glance
- Tasks: Provide in-house legal services for diverse business lines in a dynamic environment.
- Company: Join a leading global insurance company with a strong focus on compliance and innovation.
- Benefits: Competitive salary, professional development opportunities, and a collaborative work culture.
- Other info: Work in a fast-paced environment with opportunities for career advancement.
- Why this job: Make a real impact by supporting critical business functions and enhancing legal processes.
- Qualifications: 6+ years of experience in insurance or reinsurance, with strong analytical skills.
The predicted salary is between 80000 - 100000 € per year.
The successful candidate will be responsible for providing in-house legal services to support various business lines and functions, including the General Casualty, Healthcare, Professional Lines, Property, Marine Cargo, Fine Art & Specie, Construction and Facultative Reinsurance underwriting business activities of Allied World’s Europe and Lloyd’s platforms.
Duties and Responsibilities:
- Responsible for analyzing contract terms of new/renewal business to help identify exposures, document/clarify underwriting intent and ultimately confirm compliance with agreed upon terms and corporate guidelines.
- Draft policy forms, endorsements and ancillary policy documents.
- Maintain knowledge of Allied World’s current business activities, statutory laws, regulations, and judicial developments affecting the business.
- Review, draft and negotiate a variety of underwriting agreements, nondisclosure agreements, and other agreements that comply with company policies and risk tolerance.
- Support the continuous improvement of standard form agreements and legal processes and assist in the development and implementation of company policies and procedures.
- Provide support to underwriters as needed on legal issues pertaining to submissions and related coverage.
- Provide support to claims personnel on coverage and procedural issues.
- Maintain the standard policy wordings and endorsements for ceded facultative reinsurance for all lines of business across Europe.
- Coordinate with and assist other legal department personnel globally, as appropriate, and handle complex issues and effectively communicate relevant guidance to internal colleagues.
Person Specification:
- Minimum of 6 years’ post-qualification experience in insurance or reinsurance coverage litigation or arbitration.
- In-house experience within an insurance company or a Lloyd’s syndicate would be a distinct advantage.
- Experience in drafting commercial insurance contracts.
- Strong analytical and technical skill sets.
- Ability to quickly understand key business issues and operational objectives.
- Effective and confident communicator of complex messages (written and oral) to both internal and external audiences.
- Good interpersonal skills and a positive team member.
- Commercially minded, decisive, highly organized and principled.
- Ability to handle multiple projects simultaneously, deal with conflicting agendas and meet deadlines.
AVP, Associate General Counsel, Global Markets, Legal & Compliance Group in London employer: Allied World Assurance Company
Allied World is an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration within the legal and compliance sector. With a strong commitment to employee development, we provide opportunities for continuous learning and advancement, all while supporting a diverse range of business lines across Europe. Our inclusive culture encourages innovation and teamwork, making it a rewarding place for legal professionals to thrive.
Contact Detail:
Allied World Assurance Company Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land AVP, Associate General Counsel, Global Markets, Legal & Compliance Group in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and compliance sectors, especially those who work in insurance or reinsurance. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of current statutory laws and regulations affecting the industry. Show us you’re not just a legal whiz but also someone who understands the business side of things.
✨Tip Number 3
When you get that interview, be ready to discuss your experience with drafting and negotiating contracts. We want to hear how you've tackled complex issues and what strategies you used to ensure compliance with corporate guidelines.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in being part of our team.
We think you need these skills to ace AVP, Associate General Counsel, Global Markets, Legal & Compliance Group in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in insurance or reinsurance. We want to see how your skills align with the specific duties mentioned in the job description, so don’t hold back!
Show Off Your Legal Skills:When drafting your application, emphasise your experience in analysing contract terms and negotiating agreements. We’re looking for someone who can clearly communicate complex legal concepts, so make that shine through in your writing.
Be Personable:We love a good team player! Use your application to showcase your interpersonal skills and how you’ve effectively collaborated with others in past roles. A positive attitude goes a long way in our team culture.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Allied World Assurance Company
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of insurance and reinsurance laws, especially those relevant to the role. Familiarise yourself with recent case law and regulatory changes that could impact the business. This will show that you're not just a legal expert but also someone who understands the industry landscape.
✨Showcase Your Drafting Skills
Be prepared to discuss your experience in drafting policy forms and agreements. Bring examples of your work if possible, and be ready to explain your thought process behind them. This will demonstrate your practical skills and how you can contribute to improving standard form agreements.
✨Communicate Clearly
Practice articulating complex legal concepts in simple terms. You’ll need to communicate effectively with underwriters and claims personnel, so being able to break down intricate issues will be key. Consider doing mock interviews where you explain legal scenarios to someone without a legal background.
✨Demonstrate Team Spirit
Highlight your interpersonal skills and ability to work collaboratively. Share examples of how you've successfully worked within a team to tackle legal challenges or improve processes. This will show that you’re not just a lone wolf but a team player who can contribute positively to the company culture.
