Counsel Contracts & Wordings

MS Amlin

View: 140

Update day: 03-04-2024

Location: Zürich Zürich ZH

Category: R & D Legal / Contracts

Industry:

Job type: Temps plein, Temps de travail : 90-100%

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Job content

ABOUTTHE COMPANY

MS Amlin AG is a global reinsurance company headquartered in Zurich, Switzerland, with offices in the US, Bermuda and Malaysia. It is part of the MS Amlin group which belongs to ,the global top-10 insurance group MS&AD. We have an enviable reputation for our customer knowledge, claims service and the specialist insurance and reinsurance expertise we apply. We provide the type of security leading organisations need to break new ground, innovate and offer life-changing services and amenities to some of the world’s most challenging regions. Our record extends back over 300 years and today we have more than 1800 people in more than 20 locations worldwide.

We are going through an exciting period of modernisation and transformation for which we need entrepreneurial thinkers to help execute our strategic vision for growth. We are on a dynamic path and we need you to help shape it.

We are committed to taking a flexible approach to working, with a Work Life Better scheme to allow our employees more control over when and where they work, while still continuing to meet our client demands.

ABOUT THE POSITION

Reporting to the Head of Legal of the Company, you will be responsible for the creation , review and maintenance of reinsurance contract documentation and provide high quality legal and wording support to our Underwriting team.

Your tasks will include:

  • Review and analyse the terms of reinsurance agreements and other ancillary documents, verify agreed-upon terms, ensure that mandatory clauses are incorporated, revise or amend contracts and correspond with internal stakeholders, brokers and others as needed.

  • Draft contracts and ancillary agreements including confidentiality agreements, terms of business agreements (TOBA), commutation agreements and other legal documentation.

  • Provide technical guidance to colleagues, brokers, clients and reinsurers, as appropriate, regarding reinsurance concepts and contract language application and contribute to the maintenance of a library of clauses.

  • Advise on related areas of legal, regulatory and business issues with respect to the Company’s international reinsurance business , including advice and training with respect to(re)insurance laws and regulations that may impact the review of reinsurance contract s

  • Develop and automate processes to streamline contracts workflow, with a goal to reduce time to revenue while driving consistency. Promote and maintain a library of standard wordings.

  • Monitor industry developments through news, webinars, committees and conferences.

  • Develop and implement creative solutions to enable business colleagues to be more self-sufficient through the contracts process, including forms, playbooks, and training materials. Provide training and ongoing support on contractual matters.

  • Perform other miscellaneous duties as assigned.

You are our ideal candidate if the following applies to you:

  • University degree, preferably in law , or other relevant qualification.

  • 5+ years of reinsurance contract drafting experience , with a good business background in US and/or continental Europe markets. Good understanding of Property & Casualty products or other lines of business.

  • Knowledge of US contract law, contract provisions, reinsurance concepts and principles as well as basic regulatory controls.

  • Interest in digitalisation and contract automation, first experiences in this field a plus.

  • Business acumen with the ability to effectively drive the business forward with a thoughtful, proactive, and practical approach.

  • Demonstrated capability to work efficiently, learn quickly, prioritize and meet demanding deadlines in a fast-paced environment while remaining analytical and detail-oriented. Strong communication and interpersonal skills, able to build relationships and collaborate effectively with colleagues globally. Excellent team player, who is willing to challenge constructively and share knowledge and experience.

  • Fluency in English , additional languages such as Spanish or French would be a plus.

Does this role sound inspiring, challenging and innovative? We are waiting for your application!

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Deadline: 18-05-2024

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