At a Glance
- Tasks: Provide legal support across various business lines in insurance and reinsurance.
- Company: Join Allied World, a global leader in innovative insurance solutions with a supportive culture.
- Benefits: Enjoy a dynamic work environment in London with excellent views and opportunities for growth.
- Other info: This role offers the chance to work in a diverse and inclusive environment.
- Why this job: Be part of a team that values superior customer service and fosters long-term relationships.
- Qualifications: Must be an English-qualified solicitor with 8+ years of legal experience, preferably in insurance.
The predicted salary is between 72000 - 108000 £ per year.
Job Description - VP, Assistant General Counsel, Global Markets Legal & Compliance Group (2500001J)
Allied World Assurance Company Holdings, AG, is a global provider of property, casualty, and specialty insurance and reinsurance solutions, operating through its subsidiaries and brand known as Allied World.
With over 1,600 employees across 25 offices worldwide, we focus on superior customer service and innovative risk solutions, fostering long-term relationships. As a subsidiary of Fairfax Financial Holdings Ltd. and a Lloyd\'s syndicate, we are based in the London insurance market, located at 20 Fenchurch Street, offering excellent views and a supportive culture.
Allied World is an Equal Opportunities Employer. All qualified applicants will be considered without regard to race, color, national origin, religion, sex, age, genetic information, or disability.
Role Overview :
The successful candidate will provide in-house legal support to various business lines, including General Casualty (Bermuda), Healthcare (London), Professional Lines (London), and Reinsurance (facultative), in London or Bermuda.
Key Responsibilities :
- Draft policy forms and endorsements.
- Analyze terms of new/renewal business to identify exposures, clarify underwriting intent, and ensure compliance with policies and guidelines.
- Stay informed on statutory laws, regulations, and judicial developments affecting the business.
- Review, draft, and negotiate underwriting agreements, nondisclosure agreements, and other legal documents.
- Support the improvement of standard agreements and legal processes, and assist in policy development.
- Assist underwriters and claims personnel with legal issues related to coverage and submissions.
- Manage standard policy wordings and endorsements for ceded facultative reinsurance across all lines of business.
- Coordinate with the Legal Department and communicate legal guidance effectively internally.
Qualifications :
- English-qualified solicitor or barrister.
- At least 8 years of legal experience, with a minimum of 4 years in insurance or reinsurance litigation or arbitration.
- In-house experience within an insurance company or Lloyd\'s is advantageous.
- Experience drafting commercial insurance contracts.
- Strong analytical and technical skills.
- Ability to understand complex business issues quickly.
- Excellent communication skills, both written and oral.
- Good interpersonal skills and team-oriented attitude.
- Commercially minded, decisive, organized, and principled.
- Capable of managing multiple projects and meeting deadlines.
- Compliance with relevant local regulatory standards.
VP, Assistant General Counsel, Global Markets Legal & Compliance Group in London employer: Jobleads-UK
Allied World Assurance Company Holdings, AG is an exceptional employer, offering a dynamic work environment in the heart of London at 20 Fenchurch Street, where employees enjoy stunning views and a supportive culture. With a commitment to employee growth and development, we provide opportunities for legal professionals to thrive in a collaborative setting while contributing to innovative risk solutions across global markets. Our dedication to diversity and inclusion ensures that all qualified applicants are valued, making Allied World a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land VP, Assistant General Counsel, Global Markets Legal & Compliance Group in London
✨Tip Number 1
Network with professionals in the insurance and reinsurance sectors. Attend industry events, webinars, or conferences where you can meet people who work at Allied World or similar companies. Building these connections can give you insights into the company culture and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest developments in insurance law and compliance regulations. Being well-versed in current trends and challenges in the industry will not only help you in interviews but also demonstrate your commitment to staying informed and relevant.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your skills in drafting policy forms and negotiating agreements. Highlighting your practical knowledge and problem-solving abilities will set you apart from other candidates.
✨Tip Number 4
Research Allied World's values and recent initiatives. Understanding their focus on customer service and innovative risk solutions will allow you to tailor your conversations and show how your personal values align with theirs during the interview process.
We think you need these skills to ace VP, Assistant General Counsel, Global Markets Legal & Compliance Group in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant legal experience, particularly in insurance or reinsurance. Emphasise your skills in drafting contracts and managing legal processes, as these are crucial for the role.
Craft a Compelling Cover Letter:Your cover letter should reflect your understanding of the role and the company. Discuss your experience with compliance and legal support in insurance, and how you can contribute to Allied World's goals.
Showcase Your Analytical Skills:In your application, provide examples of how you've successfully navigated complex legal issues or improved legal processes in previous roles. This will demonstrate your analytical capabilities and problem-solving skills.
Highlight Communication Abilities:Since excellent communication is key for this position, include specific instances where your communication skills made a difference, whether in negotiations or internal guidance. This will help illustrate your fit for the role.
How to prepare for a job interview at Jobleads-UK
✨Know Your Legal Stuff
Make sure you're well-versed in the latest statutory laws and regulations relevant to the insurance and reinsurance sectors. Brush up on your knowledge of compliance issues and be ready to discuss how you've navigated these in past roles.
✨Showcase Your Experience
Highlight your 8+ years of legal experience, especially your time spent in insurance or reinsurance litigation. Be prepared to share specific examples of how you've drafted policy forms or negotiated agreements, as this will demonstrate your hands-on expertise.
✨Demonstrate Analytical Skills
Prepare to discuss complex business issues you've encountered and how you approached them. Use examples that showcase your strong analytical skills and your ability to clarify underwriting intent while ensuring compliance with policies.
✨Communicate Effectively
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly and concisely. Be ready to explain legal concepts in a way that non-legal colleagues can understand, as this will show your ability to coordinate effectively within teams.
