At a Glance
- Tasks: Provide in-house legal services for diverse business lines in a dynamic environment.
- Company: Join a leading global insurance and reinsurance company with a strong reputation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative team culture with opportunities to handle complex legal issues globally.
- Why this job: Make a real impact by supporting innovative underwriting and compliance processes.
- Qualifications: Minimum 6 years' 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
Allied World is an exceptional employer, offering a dynamic work environment in the heart of Europe where legal professionals can thrive. With a strong commitment to employee growth, we provide ample opportunities for professional development and continuous learning, alongside a collaborative culture that values innovation and teamwork. Our focus on compliance and legal excellence ensures that you will be at the forefront of the insurance and reinsurance industry, making a meaningful impact while enjoying a supportive workplace.
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. We want you to be able to discuss how these impact business lines confidently, so practice articulating your thoughts clearly.
✨Tip Number 3
Showcase your drafting skills! Bring along examples of policy forms or agreements you've worked on to demonstrate your expertise. This will not only impress interviewers but also give them a taste of what you can bring to the table.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
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 for the AVP, Associate General Counsel role. Highlight your relevant experience in insurance or reinsurance, and don’t forget to mention any in-house experience you have. We want to see how your skills align with our needs!
Show Off Your Legal Skills:When drafting your application, emphasise your analytical and technical skills. Mention specific examples of contracts you've drafted or negotiated, especially in commercial insurance. This will help us see your expertise in action!
Communicate Clearly:Since effective communication is key in this role, ensure your application is clear and concise. Use straightforward language and structure your thoughts logically. We appreciate a well-organised application that reflects your ability to convey complex messages.
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
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of insurance and reinsurance laws, especially those relevant to the business lines mentioned in the job description. Be prepared to discuss recent legal developments and how they might impact the company.
✨Showcase Your Drafting Skills
Since drafting policy forms and agreements is a key part of the role, bring examples of your previous work or be ready to discuss your approach to drafting complex legal documents. Highlight any improvements you've made to standard forms in past roles.
✨Understand the Business
Familiarise yourself with Allied World’s business activities and the specific underwriting processes they use. This will help you demonstrate your ability to align legal advice with business objectives during the interview.
✨Communicate Clearly
Practice articulating complex legal concepts in a straightforward manner. You’ll need to show that you can effectively communicate with both legal and non-legal colleagues, so think about how you can simplify your explanations without losing the essence.
