Job Description - VP, Assistant General Counsel, Global Markets Legal & Compliance Group (2500001J)
Find out more about this role by reading the information below, then apply to be considered.
Allied World Assurance Company Holdings, AG, is a global provider of property, casualty, and specialty insurance and reinsurance solutions, operating through its subsidiaries and brand known as Allied World.
With over 1,600 employees across 25 offices worldwide, we focus on superior customer service and innovative risk solutions, fostering long-term relationships. As a subsidiary of Fairfax Financial Holdings Ltd. and a Lloyd's syndicate, we are based in the London insurance market, located at 20 Fenchurch Street, offering excellent views and a supportive culture.
Allied World is an Equal Opportunities Employer. All qualified applicants will be considered without regard to race, color, national origin, religion, sex, age, genetic information, or disability.
Role Overview :
The successful candidate will provide in-house legal support to various business lines, including General Casualty (Bermuda), Healthcare (London), Professional Lines (London), and Reinsurance (facultative), in London or Bermuda.
Key Responsibilities :
Draft policy forms and endorsements.
Analyze terms of new/renewal business to identify exposures, clarify underwriting intent, and ensure compliance with policies and guidelines.
Stay informed on statutory laws, regulations, and judicial developments affecting the business.
Review, draft, and negotiate underwriting agreements, nondisclosure agreements, and other legal documents.
Support the improvement of standard agreements and legal processes, and assist in policy development.
Assist underwriters and claims personnel with legal issues related to coverage and submissions.
Manage standard policy wordings and endorsements for ceded facultative reinsurance across all lines of business.
Coordinate with the Legal Department and communicate legal guidance effectively internally.
Qualifications :
English-qualified solicitor or barrister.
At least 8 years of legal experience, with a minimum of 4 years in insurance or reinsurance litigation or arbitration.
In-house experience within an insurance company or Lloyd's is advantageous.
Experience drafting commercial insurance contracts.
Strong analytical and technical skills.
Ability to understand complex business issues quickly.
Excellent communication skills, both written and oral.
Good interpersonal skills and team-oriented attitude.
Commercially minded, decisive, organized, and principled.
Capable of managing multiple projects and meeting deadlines.
Compliance with relevant local regulatory standards.
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