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: Work with top professionals and contribute to innovative solutions in risk management.
- 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.
Responsibilities
- 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.
Qualifications
- 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.
- 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 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 / the ability to immediately reactivate membership.
Please note that the final role title and level will be aligned with the qualifications and experience of the preferred candidate.
P&C Senior Legal Counsel - FTC 12 months employer: SCOR UK Company Limited
SCOR is an exceptional employer, offering a dynamic work environment in London where legal professionals can thrive. With a strong emphasis on collaboration and innovation, employees benefit from comprehensive training opportunities, a commitment to diversity, and the chance to engage with industry leaders while contributing to meaningful projects that impact global risk management. The company's culture, defined by its core values, fosters personal growth and encourages a proactive approach to tackling complex legal challenges.
StudySmarter Expert Advice🤫
We think this is how you could land P&C Senior Legal Counsel - FTC 12 months
✨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 the company and its culture. Understand their P&C business unit and think about how your skills can help them achieve their goals. Tailor your responses to show you’re the perfect fit for their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience with complex legal issues and how you’ve successfully navigated challenges in the past. Confidence is key!
✨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. Let’s get you that role!
We think you need these skills to ace P&C Senior Legal Counsel - FTC 12 months
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 the job description.
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 by providing examples of past experiences where you successfully communicated with stakeholders.
Highlight Problem-Solving Abilities:This position requires advanced problem-solving skills, so be sure to include specific instances where you've tackled complex legal issues. Share how you developed innovative solutions that supported business growth while ensuring compliance.
Apply Through Our Website:We encourage you 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!
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. Familiarise yourself with the latest trends in P&C contract wording and compliance issues. Being able to discuss these topics confidently will show that you're not just a candidate, but a potential asset to their team.
✨Show Off Your Communication Skills
Since this role involves negotiating complex legal issues, practice articulating your thoughts clearly and concisely. Prepare examples of how you've effectively communicated complex concepts in the past, as this will demonstrate your ability to engage with stakeholders and provide tailored legal solutions.
✨Demonstrate Business Acumen
Understand the business drivers behind the P&C unit. Be ready to discuss how legal decisions can impact business growth and risk mitigation. Showing that you can think commercially will set you apart from other candidates who may focus solely on legal aspects.
✨Be Ready for Problem-Solving Scenarios
Prepare for questions that assess your problem-solving skills. Think of specific instances where you've tackled complex legal challenges and what innovative solutions you implemented. This will highlight your ability to handle high-stakes situations and support the business effectively.
