At a Glance
- Tasks: Lead complex reinsurance contract negotiations and ensure regulatory compliance.
- Company: Join Swiss Re, a global leader in reinsurance and risk management.
- Benefits: Competitive salary, performance bonuses, and hybrid work model.
- Other info: Inclusive culture that values fresh perspectives and professional growth.
- Why this job: Make a significant impact in a dynamic environment while mentoring others.
- Qualifications: Qualified lawyer with 5+ years in re/insurance and strong negotiation skills.
The predicted salary is between 100000 - 150000 £ per year.
Are you a qualified legal professional with expertise in reinsurance contracts looking to make a significant impact in a dynamic global organization? Join our team at Swiss Re where you'll shape the future of complex reinsurance agreements while navigating evolving regulatory landscapes in the London market. This role offers you the opportunity to combine your legal expertise with commercial acumen to drive excellence in contract governance.
About the Role
As our Senior Reinsurance Contracts Counsel, you'll be the designated legally qualified authority for complex reinsurance contract structures, ensuring regulatory compliance, enforceability, and legal risk mitigation. You'll provide definitive legal interpretation and guidance while representing Swiss Re in external market forums.
Key Responsibilities
- Independent Legal Accountability - Act as the legally qualified sign-off authority for complex and high-value reinsurance contracts, providing definitive legal interpretation under applicable law.
- Complex Contract Structuring - Lead the structuring and negotiation of legally complex, multi-jurisdictional reinsurance agreements while identifying and mitigating legal and regulatory risks.
- Regulatory Governance - Own alignment of contract wordings with applicable UK and international regulatory frameworks and develop contract governance standards.
- Strategic Market Representation - Represent Swiss Re in external market forums, industry associations, and regulatory discussions, influencing market-standard contract language.
- Functional Leadership - Provide expert legal mentorship and technical oversight to junior team members while acting as an escalation point for complex matters.
- Technology Transformation - Provide senior legal input into contracts technology infrastructure and translate legal requirements into guidance for digital contracting tools.
About the Team
The Reinsurance Contracts function at Swiss Re plays a critical role in ensuring the legal integrity and compliance of our complex reinsurance agreements. Our team navigates heightened regulatory oversight and increasing complexity in multi-jurisdictional contract structures, providing legally accountable oversight for reinsurance contracts in the London market. We work collaboratively with Product Centre teams and Underwriting teams to design and implement robust contract frameworks that protect Swiss Re's interests while facilitating business growth.
About You
You're a detail-oriented legal professional with a strategic mindset and excellent judgment. You thrive in complex environments where you can apply your expertise to solve challenging problems. With strong communication skills, you can influence senior stakeholders and represent the organisation externally with confidence and authority. You're passionate about mentoring others and contributing to team development.
Requirements
- Fully qualified England & Wales lawyer with 5+ years' experience either within a re/insurance company or in private practice specializing in re/insurance.
- Deep expertise in drafting, negotiating, and interpreting complex reinsurance contract wordings.
- Strong knowledge of UK and international regulatory frameworks relevant to the London market.
- Proven experience handling multi-jurisdictional legal matters and high-value, complex transactions.
- Strong ability to identify, assess, and mitigate legal and regulatory risks within contract structures.
- Experience engaging with industry bodies, regulatory discussions, or market forums.
Compensation & Work Model
For the United Kingdom, the base salary range for this position is between £100,000 and £150,000 for a full-time role. The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, as well as the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience. In the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus. Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
About Swiss Re – Equal Opportunity Statement
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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.
Senior Legal Counsel - Reinsurance Contracts (Hybrid; 80-100%) employer: Crossell
Swiss Re is an exceptional employer that fosters a collaborative and inclusive work culture, where your legal expertise in reinsurance contracts can truly shine. With a strong focus on employee growth, you will have the opportunity to mentor junior team members while navigating complex regulatory landscapes in the dynamic London market. Enjoy a competitive salary, performance-based bonuses, and a hybrid work model that promotes work-life balance, making Swiss Re a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Legal Counsel - Reinsurance Contracts (Hybrid; 80-100%)
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and reinsurance sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of complex reinsurance contracts and regulatory frameworks. Be ready to discuss how you've navigated these in past roles, as this will show you're the right fit for the job.
✨Tip Number 3
Don’t underestimate the power of a strong online presence. Update your LinkedIn profile to reflect your skills and experiences, and engage with content related to reinsurance and legal matters to get noticed by recruiters.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team at Swiss Re.
We think you need these skills to ace Senior Legal Counsel - Reinsurance Contracts (Hybrid; 80-100%)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with reinsurance contracts. We want to see how your skills align with the role, so don’t hold back on showcasing your expertise!
Showcase Your Legal Acumen:In your application, emphasise your understanding of regulatory frameworks and your experience in complex contract negotiations. We’re looking for someone who can navigate the legal landscape with confidence, so let that shine through!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, especially when it comes to your legal interpretations and experiences. Avoid jargon unless it’s necessary!
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity at Swiss Re!
How to prepare for a job interview at Crossell
✨Know Your Contracts Inside Out
Before the interview, make sure you thoroughly understand complex reinsurance contracts and their regulatory implications. Be prepared to discuss specific examples from your experience where you've successfully navigated legal challenges or negotiated terms.
✨Showcase Your Strategic Mindset
Highlight your ability to think strategically about contract governance and risk mitigation. Prepare to share instances where your legal expertise has directly contributed to business growth or improved compliance within a multi-jurisdictional context.
✨Engage with Regulatory Knowledge
Brush up on UK and international regulatory frameworks relevant to the London market. Be ready to discuss how these regulations impact reinsurance agreements and demonstrate your proactive approach to ensuring compliance in your previous roles.
✨Demonstrate Leadership and Mentorship Skills
As a Senior Legal Counsel, you'll be expected to mentor junior team members. Prepare to talk about your leadership style and provide examples of how you've supported others in their professional development, especially in complex legal matters.
