Bermuda-headquartered and listed on the New York Stock Exchange, my client is looking at ways to grow intelligently, underwrite profitably, and drive technology innovation in the insurance industry.
You will be their Head of Legal & Compliance. You will be responsible for overseeing a wide range of legal and regulatory matters for the UK entity. You will join us at an exciting time as we are growing and investing in our infrastructure to support our business growth. The role will report to the Chief Legal Officer, based in New York.
Your responsibilities will include:
Acting as a trusted partner to the leadership and business in London on all legal and compliance matters and be a key member of the group legal and compliance teams
Serving as legal counsel to insurance and reinsurance underwriters by providing advice and counsel on legal, regulatory and commercial matters, including ensuring agreements are in compliance with insurance laws applicable to the Company’s products and licensing
In collaboration with the global legal and compliance departments, devising and delivering the regulatory strategy for the business.
Serving as a trusted advisor to multiple insurance business units, including in relation to reserving and capital matters
Drafting and negotiating agreements involving managing general agency (MGA) relationships and other producers, administrators and vendors
Serving as the primary liaison to the relevant regulatory authorities and preparing (or overseeing the preparation of) regulatory filings and presentations to be submitted to relevant regulators
Assisting with special projects for the Group, including internal restructurings, debt and equity financings, mergers and acquisitions, strategic investments and other strategic projects
Your skills and abilities should include:
Licensed by SRA as a solicitor authorised to practice law in England and Wales
Experience as in-house and/or external counsel with insurance and/or reinsurance expertise
Experience with key regulatory/compliance risks within the London/Lloyd’s market
Ability to understand commercial business dynamics and articulate regulatory risks to the business managers for commercial decisions
Proactive approach: this person must be able to engage with a dynamic business to drive and deliver regulatory best practice
Being an exceptional communicator, collaborator and influencer. Skilled at engaging with and building trusted relationships with C-suite leaders and other key stakeholders. Able to bring people together.
Please apply for a full JD and further information.
