At a Glance
- Tasks: Provide expert legal support to the P&C Business Unit across EMEA.
- Company: Join SCOR, a leading global reinsurer with a collaborative culture.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on innovation and collaboration.
- Why this job: Make a real impact in the reinsurance industry while developing your legal expertise.
- Qualifications: Strong legal background with experience in (re)insurance contract wording.
The predicted salary is between 60000 - 80000 € per year.
The role holder’s primary responsibility will be to provide expert technical legal support to the P&C Business Unit’s EMEA teams covering P&C Treaty, Alternative Solutions and Single Risk Underwriting Teams, with a focus on delivering comprehensive, reasoned and commercially viable contracting support, including wordings support.
The role holder will be required to handle phase 2 sanctions clearance referrals in respect of complex sanctions and compliance issues ensuring compliance with SCOR’s commitment to rigorously observe all applicable sanctions and compliance related obligations.
The role holder will be expected to provide effective legal support for the development, build out and subsequent maintenance of the P&C element of SCOR’s proposed wordings tools.
The role holder will be expected to comprehensively understand and timely respond to the commercial and business-related constraints and pressures on the SCOR P&C business unit and its growth targets whilst effectively mitigating the associated risks to SCOR.
ResponsibilitiesUnder the direction of the Chief Legal Counsel (P&C Business Unit) and other P&C Legal Team members, the role holder will be responsible for:
- Negotiation: Participate in negotiations of complex legal issues with external business partners and providing practical and pragmatic advice and support to the P&C business community on the negotiation of commercial terms.
- Product Development: Provide legal support for product development and the entry into any new lines of business, notably by providing contractual support to P&C treaty and specialty underwriters. Accountable for legal aspects of product development and market entry.
- Training: Developing and leading training to the underwriter community.
- Lex II & Contract Wording: Providing the required legal support and expertise to support the development and roll‑out of the P&C sections of SCOR’s contract wording tool, in coordination with P&C leadership and the P&C Legal community.
- Regulatory & Best Practice: Responsible for overcoming legal and regulatory challenges by developing viable solutions to legal and regulatory “road blocks” to facilitate the P&C business unit’s delivery on its business plans and targets.
Reinsurance and Legal knowledge: Extensive recent (re)insurance contract wording and legal support experience and superior technical skills are required.
Communication skills: Excellent written and oral communication skills, the ability to determine how and when to develop/sustain a message and/or an idea and the ability to deploy the right tools to present information.
Business acumen and accountability: A deep understanding of P&C business drivers and the ability to identify and raise critical issues/points when needed; a willingness to “own” and to swiftly correct decisions; and, accepting and actioning responsibility regarding cost management.
Advanced Problem-Solving: Exhibiting advanced problem-solving capabilities by handling highly complex and critical legal issues with significant impact on the P&C Business Unit.
Work autonomy: An ability to operate autonomously, with guidance from the Chief Legal Counsel and team peers.
Commercial acumen and risk mitigation: The role holder will be commercial and pragmatic and will understand the impact of market conditions on treaty and direct (specialty) insurance activities.
Stakeholder Management: Demonstrating the ability to build and maintain strong relationships with senior stakeholders and external partners.
Enthusiasm: The role holder will be enthusiastic about supporting the activities of the P&C Business Unit globally and across all business activities.
Collaboration and living the SCOR values: Both the P&C business and Legal teams are small, such that collegiality, efficiency, proactivity and curiosity as well as living the SCOR values are key to the role holder’s success.
Required Education: Strong academic record. A law degree / undergraduate degree with a law conversion qualification / equivalent. Licensed to practice law in an EMEA jurisdiction and in good standing.
P&C Senior Legal Counsel - FTC 12 months in London employer: SCOR UK Company Limited
SCOR is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to engage with industry experts and contribute to innovative solutions in the reinsurance sector. With a strong commitment to professional development, SCOR offers ample opportunities for growth and training, particularly for those in legal roles, ensuring that team members can thrive while navigating complex legal challenges. Located in London, employees benefit from a vibrant city atmosphere, alongside the chance to be part of a global organisation dedicated to making a positive impact on society.
StudySmarter Expert Advice🤫
We think this is how you could land P&C Senior Legal Counsel - FTC 12 months in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching SCOR and its P&C business unit. Understand their values and recent developments in the industry. This will help you tailor your responses and show that you’re genuinely interested in the role.
✨Tip Number 3
Practice your negotiation skills! Since the role involves complex negotiations, consider role-playing scenarios with a friend or mentor. This will boost your confidence and help you articulate your thoughts clearly during the actual interview.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re proactive and serious about joining the SCOR team. Let’s get you that dream job!
We think you need these skills to ace P&C Senior Legal Counsel - FTC 12 months in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the P&C Senior Legal Counsel role. Highlight your relevant experience in reinsurance and legal support, and show how your skills align with what we’re looking for.
Showcase Your Communication Skills:Since excellent communication is key for this role, use clear and concise language in your application. Demonstrate your ability to articulate complex legal concepts in a straightforward manner, just like you would in the job.
Highlight Problem-Solving Abilities:We want to see how you tackle complex legal issues. Include examples of past challenges you've faced and the innovative solutions you implemented. This will show us your advanced problem-solving capabilities.
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. We can’t wait to see what you bring to the table!
How to prepare for a job interview at SCOR UK Company Limited
✨Know Your Legal Stuff
Make sure you brush up on your reinsurance and legal knowledge. Understand the nuances of P&C contract wordings and compliance issues, as these will be crucial in your discussions. Be ready to showcase your expertise and how it aligns with the role.
✨Showcase Your Communication Skills
Since excellent communication is key for this position, practice articulating complex legal concepts clearly and succinctly. Prepare examples of how you've effectively communicated with stakeholders in the past, especially in high-pressure situations.
✨Demonstrate Business Acumen
Familiarise yourself with the P&C business drivers and current market conditions. Be prepared to discuss how you can identify critical issues and contribute to the growth targets while mitigating risks. This shows that you understand the bigger picture.
✨Be Ready for Problem-Solving
Expect to face hypothetical scenarios during the interview that require advanced problem-solving skills. Think about past experiences where you’ve tackled complex legal issues and be ready to share your thought process and solutions.
