VP, Associate General Counsel & P&C Contract Senior Legal Counsel - SCOR SE : Job Details

VP, Associate General Counsel & P&C Contract Senior Legal Counsel

SCOR SE

Job Location : New York,NY, USA

Posted on : 2024-09-10T07:23:32Z

Job Description :

Job Summary

The role holder will be responsible for:

* Providing legal guidance and support re: any assigned P&C transactional and underwriting matters (including detailed contract wording review and editing and developing preferred SCOR P&C contract language) for the Americas, EMEA and, bandwidth permitting, other geographies as needed (with a focus on reinsurance and alternative solutions).

* Supporting product development and the entry into any new lines of business, notably by providing contractual support to P&C treaty and specialty underwriters (e.g., policy/contract wordings, program agreements/business, third-party administrator agreements, non-disclosure agreements, etc.).

* Supporting the development of protocols and guidelines to be embedded into the P&C business unit to ensure there are institutional best practices.

* Providing the required legal support and expertise to support the development and roll-out of the P&C sections of SCOR's contract wording tool, in coordination with business wording experts, P&C leadership and the P&C Legal community.

* Providing support (as needed) to the Chief (and Deputy Chief) Claims Counsel re any claims/coverage related issues arising from drafting/wording issues and coordinating with P&C teams on lessons learned and their impact on contract wording going forward.

* Developing and conducting trainings to the underwriter community.

* Monitoring, understanding, analyzing, and proactively developing P&C's contract wording responses to emerging (re)insurance issues and trends, requiring an awareness and understanding of global developments and trends.

The role holder will be commercial and pragmatic and will understand the impact of market conditions on treaty and direct (specialty) insurance activities, procedures and wordings, while being able to clearly and succinctly articulate issues to the underwriting community (and management), to evaluate the risks associated with the (re)insurance activities and to develop commercial risk mitigation options, while ensuring all operations are compliant with applicable regulatory requirements.

The role holder will be enthusiastic about supporting the activities of the P&C Business Unit globally and across all business activities and providing general support to the Legal and Compliance functions for P&C as time and experience permits.

The role holder will report directly to the P&C Americas Chief Legal Counsel and will also interact extensively with the P&C business unit's Chief Legal Counsel and other P&C legal colleagues within the group.

Required Education

* J.D. from an accredited law school or international equivalent.

* Licensed to practice and a member in good standing/the ability to immediately reactivate membership in at least one US state.

Hybrid Work Policy:

SCOR is committed to an in-office culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

In compliance with local law, we are disclosing the compensation, or range thereof, for roles that will be performed in New York. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Pay Range: $220,000 - $250,000 salary per year. Other rewards may include annual bonuses, short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.

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