Job Description - VP, Assistant General Counsel, Global Markets Legal & Compliance Group (2500001J)
Description
Allied World Assurance Company Holdings, AG, is a global provider of property, casualty, and specialty insurance and reinsurance solutions. With over 1,600 employees across 25 offices worldwide, we focus on superior customer service and innovative risk solutions.
Located in the Walkie Talkie building at 20 Fenchurch Street, London, our office offers excellent views and a welcoming culture that supports career development. As a Lloyd's syndicate and subsidiary of Fairfax Financial Holdings Ltd., we are at the forefront of insurance innovation.
We are an Equal Opportunities Employer, considering all qualified applicants without discrimination.
Role Overview:
The successful candidate will provide legal support to various business lines, including General Casualty, Healthcare, Professional Lines, and Reinsurance. The role can be based in London or Bermuda.
Key Responsibilities:
* Draft policy forms and endorsements.
* Analyze new/renewal business terms to identify exposures, clarify underwriting intent, and ensure compliance.
* Stay informed on laws, regulations, and judicial developments affecting the business.
* Review, draft, and negotiate underwriting agreements, nondisclosure agreements, and other legal documents.
* Support the improvement of legal processes and the development of policies.
* Assist underwriters and claims personnel with legal issues related to coverage and submissions.
* Manage standard policy wordings and endorsements for reinsurance across the group.
* Coordinate with the Legal Department and communicate guidance effectively.
Person Specification:
* English-qualified solicitor or barrister.
* At least 8 years of legal experience, with 4+ years in insurance or reinsurance litigation or arbitration.
* In-house experience in an insurance company or Lloyd's is preferred.
* Experience drafting commercial insurance contracts.
* Strong analytical, technical, and communication skills.
* Ability to understand business issues quickly and work effectively in a team.
* Commercially minded, organized, and able to handle multiple projects under deadlines.
* Compliant with local regulatory standards.
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