AVP Associate General Counsel /Wordings- - London 5 days a week in the office.
Astral Legal have partnered with a Global Insurer in London as they are recruiting an Associate General Counsel/ Wordings Lawyer.
AVP Associate General Counsel /Wordings- - London 5 days a week in the office.
Astral Legal have partnered with a Global Insurer in London as they are recruiting an Associate General Counsel/ Wordings Lawyer.
The successful candidate will be responsible for providing in-house legal services to support various business lines and functions, including General Casualty (Bermuda), Healthcare (London), Professional Lines (London) and Reinsurance (facultative) underwriting business activities of the business.
Duties and Responsibilities of the Associate General Counsel/ Wordings Lawyer will be:
- Draft policy forms and endorsements.
- Responsible for analyzing terms of new/renewal business to help identify exposures, document/clarify underwriting intent and ultimately confirm compliance with agreed upon terms and corporate guidelines.
- Maintain knowledge of 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 related issues.
- Responsible for the standard policy wordings and endorsements for ceded facultative reinsurance for all lines of business across the group.
- Coordinate with the rest of the Legal Department, as appropriate, and handle complex issues and effectively communicate relevant guidance to internal colleagues.
Person Specification:
- English-qualified solicitor or barrister.
- Minimum of 8 years' experience with minimum of 4 years in insurance or reinsurance coverage litigation or arbitration.
- In-house experience within an insurance company or Lloyd's would be a distinct advantage.
- Bermuda experience is essential.
This is a fantastic opportunity to join a global insurance company, please apply now for immediate consideration.
