Senior Legal Counsel - Reinsurance Contracts (Hybrid; 80-100%)
Senior Legal Counsel - Reinsurance Contracts (Hybrid; 80-100%)

Senior Legal Counsel - Reinsurance Contracts (Hybrid; 80-100%)

Full-Time 100000 - 150000 £ / year (est.) Home office (partial)
Swiss Re

At a Glance

  • Tasks: Shape complex reinsurance agreements and navigate regulatory landscapes in a dynamic global organisation.
  • Company: Join Swiss Re, a leading provider of reinsurance and risk transfer solutions.
  • Benefits: Competitive salary, performance-based bonuses, and a hybrid work model.
  • Other info: Inclusive culture that values fresh perspectives and professional development.
  • Why this job: Make a significant impact while mentoring others and driving excellence in contract governance.
  • Qualifications: Qualified lawyer with 5+ years in re/insurance and expertise in complex contracts.

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.

We are looking for candidates who meet these 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

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: Swiss Re

Swiss Re is an exceptional employer that fosters a dynamic and inclusive work culture, offering meaningful opportunities for professional growth in the heart of London. As a Senior Legal Counsel, you will not only engage with complex reinsurance contracts but also benefit from a hybrid work model, competitive compensation, and a commitment to employee development, ensuring you thrive in your legal career while contributing to innovative solutions in risk management.
Swiss Re

Contact Detail:

Swiss Re Recruiting Team

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! Get out there and connect with industry professionals, attend legal forums, and join relevant associations. The more people you know, the better your chances of landing that Senior Legal Counsel role.

✨Tip Number 2

Showcase your expertise! Prepare to discuss your experience with complex reinsurance contracts in detail during interviews. Be ready to share specific examples of how you've navigated regulatory challenges and mitigated risks.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors to refine your responses. Focus on articulating your strategic mindset and how you can influence senior stakeholders effectively.

✨Tip Number 4

Apply through our website! We want to see your application directly. It shows you're serious about joining Swiss Re and gives us a chance to see your enthusiasm for the role right from the start.

We think you need these skills to ace Senior Legal Counsel - Reinsurance Contracts (Hybrid; 80-100%)

Legal Expertise in Reinsurance Contracts
Regulatory Compliance
Contract Negotiation
Complex Contract Structuring
Multi-Jurisdictional Legal Matters
Risk Mitigation
Drafting and Interpreting Contract Wordings
Strategic Market Representation
Mentorship and Leadership
Communication Skills
Technical Oversight
Engagement with Industry Bodies
Understanding of UK and International Regulatory Frameworks
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the specific skills and experiences that match the Senior Legal Counsel role. Highlight your expertise in reinsurance contracts and any relevant regulatory knowledge to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you the perfect fit for our team at Swiss Re.

Showcase Your Achievements: Don’t just list your responsibilities; share your achievements! Whether it's successful negotiations or innovative contract structures, we want to see how you've made an impact in your previous roles.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our dynamic team!

How to prepare for a job interview at Swiss Re

✨Know Your Contracts Inside Out

Before the interview, make sure you thoroughly understand complex reinsurance contracts and their structures. Be prepared to discuss specific examples from your experience where you've successfully navigated legal complexities or mitigated risks in contract negotiations.

✨Stay Updated on Regulatory Changes

Given the dynamic nature of regulatory frameworks, it's crucial to stay informed about recent changes in UK and international regulations. Bring up any relevant updates during your interview to demonstrate your proactive approach and understanding of how these changes impact reinsurance agreements.

✨Showcase Your Leadership Skills

As a Senior Legal Counsel, you'll be expected to mentor junior team members. Prepare to share examples of how you've provided guidance or leadership in previous roles, especially in complex legal matters. This will highlight your ability to lead and develop others within the team.

✨Prepare for Market Representation Scenarios

Since you'll represent Swiss Re in external forums, think about how you would handle discussions with industry bodies or regulatory authorities. Practice articulating your thoughts on market-standard contract language and how you would influence stakeholders effectively.

Senior Legal Counsel - Reinsurance Contracts (Hybrid; 80-100%)
Swiss Re

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