At a Glance
- Tasks: Lead complex reinsurance contract negotiations and ensure legal compliance.
- Company: Join Swiss Re, a global leader in reinsurance and risk management.
- Benefits: Competitive salary, performance bonuses, and hybrid work model.
- Other info: Inclusive culture that values diverse perspectives and professional growth.
- Why this job: Make a real impact in a dynamic environment while mentoring others.
- Qualifications: Qualified lawyer with 5+ years in re/insurance and strong regulatory knowledge.
The predicted salary is between 100000 - 150000 ÂŁ per year.
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.
Requirements
- Fully qualified England & Wales lawyer with 5+ years' experience either within a re/insurance company or in private practice specialising 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. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance‑based annual bonus.
Hybrid Work Model
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.
We may use AI‑powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Senior Reinsurance Contracts Counsel employer: Swiss Re
Contact Detail:
Swiss Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reinsurance Contracts Counsel
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance industry and let them know you're on the lookout for opportunities. Attend industry events or webinars to meet potential employers and make a lasting impression.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of complex reinsurance contracts and regulatory frameworks. Be ready to discuss how you've navigated legal challenges in the past and how you can bring that expertise to Swiss Re.
✨Tip Number 3
Showcase your mentorship skills! If you’ve had experience guiding junior team members, highlight this during interviews. Swiss Re values collaboration and leadership, so let’s show them you’re the right fit.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll be one step closer to joining a team that’s all about making the world more resilient.
We think you need these skills to ace Senior Reinsurance Contracts Counsel
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in reinsurance contracts. We want to see how your skills align with the specific requirements of the Senior Reinsurance Contracts Counsel role.
Showcase Your Expertise: Don’t hold back on detailing your legal qualifications and experience. We’re looking for someone with a strong background in complex contract structuring and regulatory governance, so let us know how you’ve tackled these challenges in the past.
Be Clear and Concise: When writing your application, clarity is key! Use straightforward language to convey your thoughts and avoid jargon unless it’s relevant. We appreciate a well-structured application that gets straight to the point.
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’s super easy to do!
How to prepare for a job interview at Swiss Re
✨Know Your Contracts Inside Out
As a Senior Reinsurance Contracts Counsel, you'll need to demonstrate your deep expertise in drafting and interpreting complex reinsurance contracts. Make sure you review relevant case studies and examples of contract structures before the interview, so you can discuss them confidently.
✨Brush Up on Regulatory Frameworks
Familiarise yourself with UK and international regulatory frameworks that impact reinsurance. Be prepared to discuss how these regulations influence contract governance and risk mitigation strategies, as this will show your understanding of the legal landscape.
✨Showcase Your Leadership Skills
Highlight your experience in mentoring junior team members and providing technical oversight. Prepare examples of how you've led teams through complex negotiations or legal challenges, as this will demonstrate your functional leadership capabilities.
✨Prepare for Market Representation Scenarios
Think about your past experiences engaging with industry bodies and participating in market forums. Be ready to share specific instances where you've influenced contract language or represented your organisation effectively, showcasing your strategic market representation skills.