At a Glance
- Tasks: Join our legal team to support surety transactions and advise on regulatory matters.
- Company: Swiss Re is a global leader in reinsurance and insurance solutions, fostering innovation and inclusivity.
- Benefits: Enjoy a flexible work environment with opportunities for professional growth and development.
- Why this job: Make a real impact by working closely with decision-makers in a dynamic, fast-paced setting.
- Qualifications: A law degree and experience in surety, banking, or insurance are essential; fluency in English required.
- Other info: We welcome diverse applicants and encourage those returning from career breaks to apply.
The predicted salary is between 43200 - 72000 £ per year.
This is a legal counsel role (vice president level) in the Corporate Solutions Credit & Surety legal team. We are a small, global legal team providing dedicated transactional, regulatory and legal support to the Credit & Surety business unit which underwrites insurance in areas such as trade finance, project & infrastructure finance, commodity finance, political risk insurance and surety.
About the Role
In your role you will focus primarily on the surety side of the business, with typical tasks including:
- Conducting legal and regulatory review of surety transactions
- Drafting transaction documents (such as facility agreements, indemnity agreements and bonds) and advising on/negotiating terms.
- Advising on cross-border enforceability of contracts
- Advising on licensing and regulatory aspects in relation to international surety transactions
- Facilitating the closing of transactions and supporting underwriters during implementation, restructuring and unwinding of transactions.
- Providing legal support for internal group projects and strategic initiatives in relation to surety
- Fostering and maintaining positive working relationships with internal and external clients and outside counsel (as needed)
- Monitoring legal and regulatory trends affecting relevant business areas
- Conducting internal presentations and trainings on legal topics
About the Team
This is a full time position in a legal team that provides legal support to the global Credit & Surety insurance business at Swiss Re Corporate Solutions. This is a largely transactional role providing legal support to underwriters, product managers, risk managers, and claims specialists in a highly commercial way. Our client is a global business team, committed to delivering value and innovative solutions in the primary insurance space. In our team, you will be close to decision makers and directly see the results of your work.
About You
We would like you to have:
- A law degree with experience with a law firm or international financial institution/insurance company, preferably in one of the following areas of law: surety bonds/guarantees, banking/lending, insurance
- Experience and understanding of regulatory and licensing topics in cross-border scenarios
- Fluency in English, other languages are a plus.
- Enjoy working independently and handling multiple requests and deadlines.
- Display a "can do" mindset, are dedicated to learning and developing new skills and prepared to go the extra mile
- Can effectively handle and prioritize multiple requests and deadlines in a fast paced environment
- Are comfortable working independently alongside a global team situated in different locations
Personal Skills:
- You identify and report legal risks, provide professional advice, expertise and guidance, and apply sound judgement and counsel beyond the dimensions of laws and regulations
- You are a trusted business partner, who manages relationships and communicates legal and compliance concepts clearly and succinctly
- You possess excellent drafting, negotiation and influencing skills and can manage legal and compliance related matters
- You openly share assumptions, beliefs, values and thought process in reaching conclusions and are receptive to constructive challenge, are willing to learn, self-reflective, and collaborative
- You take responsibility for progress and/or outcomes, apply a measured appetite for risk, and plan ahead to deliver workable solutions
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.
Legal Counsel - Corporate Solutions Credit & Surety Legal Team (80 - 100% working degree) employer: Swiss Re
Contact Detail:
Swiss Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Counsel - Corporate Solutions Credit & Surety Legal Team (80 - 100% working degree)
✨Tip Number 1
Familiarise yourself with the specific legal frameworks and regulations surrounding surety bonds and guarantees. Understanding these nuances will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance and legal sectors, particularly those who have experience in corporate solutions or surety. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss real-world scenarios where you've successfully navigated complex legal issues, especially in cross-border transactions. This will showcase your practical experience and problem-solving skills, which are crucial for this role.
✨Tip Number 4
Stay updated on current trends and challenges in the insurance industry, particularly those affecting credit and surety. Being knowledgeable about these topics will allow you to engage in meaningful discussions during interviews and show your proactive approach.
We think you need these skills to ace Legal Counsel - Corporate Solutions Credit & Surety Legal Team (80 - 100% working degree)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in legal counsel, particularly in areas like surety bonds, banking, and insurance. Use specific examples that demonstrate your expertise in regulatory and licensing topics.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities outlined in the job description, such as drafting transaction documents and advising on cross-border enforceability.
Showcase Your Communication Skills: Since the role requires clear communication of legal concepts, provide examples in your application that demonstrate your ability to convey complex information succinctly. This could be through previous presentations or written reports.
Highlight Your Collaborative Experience: The position involves working closely with various stakeholders. Include instances where you successfully collaborated with internal teams or external clients, showcasing your ability to foster positive working relationships.
How to prepare for a job interview at Swiss Re
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and expectations of the Legal Counsel position. Familiarise yourself with the specifics of surety transactions and the regulatory landscape to demonstrate your expertise.
✨Prepare for Technical Questions
Expect questions that assess your knowledge of legal concepts related to surety bonds, guarantees, and cross-border regulations. Brush up on relevant laws and be ready to discuss how you've applied them in past roles.
✨Showcase Your Communication Skills
As a legal counsel, clear communication is key. Be prepared to explain complex legal concepts in simple terms. Practice articulating your thoughts clearly and succinctly, as this will be crucial in your role.
✨Demonstrate Your Collaborative Spirit
Highlight your ability to work effectively within a team and build relationships with internal and external stakeholders. Share examples of how you've successfully collaborated on projects or resolved conflicts in the past.