AVP, Associate General Counsel, Global Markets, Legal & Compliance Group

Description of the role:

The successful candidate will be responsible for providing in-house legal services to support various business lines and functions, including the General Casualty, Healthcare, Professional Lines, Property, Marine Cargo, Fine Art & Specie, Construction and Facultative Reinsurance underwriting business activities of Allied World’s Europe and Lloyd’s platforms.

Duties and Responsibilities:

• Responsible for analyzing contract terms of new/renewal business to help identify exposures, document/clarify underwriting intent and ultimately confirm compliance with agreed upon terms and corporate guidelines.
• Draft policy forms, endorsements and ancillary policy documents.
• Maintain knowledge of Allied World’s current business activities, statutory laws, regulations, and judicial developments affecting the business.
• Review, draft and negotiate a variety of underwriting agreements, nondisclosure agreements, and other agreements that comply with company policies and risk tolerance.
• Support the continuous improvement of standard form agreements and legal processes and assist in the development and implementation of company policies and procedures.
• Provide support to underwriters as needed on legal issues pertaining to submissions and related coverage.
• Provide support to claims personnel on coverage and procedural issues.
• Maintain the standard policy wordings and endorsements for ceded facultative reinsurance for all lines of business across Europe.
• Coordinate with and assist other legal department personnel globally, as appropriate, and handle complex issues and effectively communicate relevant guidance to internal colleagues.

Person Specification:

• Minimum of 6 years’ post-qualification experience in insurance or reinsurance coverage litigation or arbitration.
• In-house experience within an insurance company or a Lloyd’s syndicate would be a distinct advantage.
• Experience in drafting commercial insurance contracts.
• Strong analytical and technical skill sets.
• Ability to quickly understand key business issues and operational objectives.
• Effective and confident communicator of complex messages (written and oral) to both internal and external audiences.
• Good interpersonal skills and a positive team member.
• Commercially minded, decisive, highly organized and principled.
• Ability to handle multiple projects simultaneously, deal with conflicting agendas and meet deadlines.