Share this Job
Location: 

Kansas City, MO, US

Legal Counsel, VP - Regulatory (Hybrid Work Model)

About Swiss Re Corporate Solutions 

 

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

 

 

About Swiss Re Corporate Solutions

 

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

 

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

 

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions offers a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?

 

 

About the Team:

In this position, you will be a part of the Corporate Solutions (CorSo) North America (NA) regional team, which consists of eight lawyers, primarily located in Kansas City, Missouri, United States. We provide business enabling, corporate governance, insurance regulatory and legal entity advice across the region. Corporate Solutions NA insurance carriers write (re)insurance in Property & Casualty, Accident & Health, and Credit & Surety lines of business. Corporate Solutions specializes in creating risk transfer solutions in the form of traditional insurance policies and large bespoke structured transactions.

 

About the Role:

We are looking for an in-house Legal Counsel to join CorSo and provide holistic legal support to our NA business. The Vice President, Legal Counsel position reports to the Head Corporate Solutions Legal NA and serves as a legal advisor for CorSo's NA regional Legal team. Legal Counsel advises on a variety of legal and regulatory issues and may lead certain transactions or initiatives as lead counsel, with the assistance of other team members.

 

Key tasks and activities of the Legal Counsel include advising a large commercial insurance business, advising on regulatory and corporate governance matters, and collaborating with internal stakeholders (business leaders, Finance, Operations, Underwriting, Claims) and external parties (regulators, potential deal partners, and brokers.), including provision of the following services:

  

Business partnering/business legal support:

  • Serve as a trusted legal advisor to and point of legal contact for regional clients
  • Provide pragmatic legal advice designed to enable and support regional business growth in compliance with appliable state and insurance law and regulations, while clearly articulating legal risks and opportunities
  • Advise on relevant regulatory issues and work closely with other internal experts in the management of regulatory relationships
  • Use of digital research (Westlaw) and collaboration (Office 365, proprietary applications) to quickly identify and analyze issues and communicate advice and written guidance
  • Support corporate acquisitions or joint ventures by participating in or coordinating due diligence and integration activities in conjunction with the firm's M&A experts and deal team
  • Assist with wording of policies and underwriting agreements, including creation and maintenance of insurance policies and templates suitable for (re)insurance transaction in the region
  • Collaborate with corporate client and manage retained external legal advisors specialized in (re)insurance regulation and commercial insurance
  • Provide Legal support for Claims, Underwriting and Operations, with guidance concerning insurance policies with respect to business, federal and state requirements
  • Reviewing marketing materials

Corporate, governance and legal entity support:

  • As a Legal Counsel, preparing and presenting regional legal reports, including reports for legal entity Boards of Directors and other committees
  • Provide advice on legal entity management and corporate governance related issues and working closely with other regional legal members that provide legal entity support
  • Participate in registration process for CorSo entities throughout the region
  • Provide reports to audit and risk functions, including external auditors and others
  • Applying legal practices and controls that comply with Group guidelines, local corporate governance practice, statutory requirements and applicable regulatory agencies for CorSo regional entities

Regional CorSo legal team responsibility:

  • Legal advisor within a regional team of CorSo Legal professionals
  • As a Legal Counsel, participate in inter-disciplinary projects and processes with key constituencies (Finance, Tax, Operations, Underwriting, Sales) and lead counsel for selected projects or initiatives, with the assistance of other team members

 Coordination and collaboration with other stakeholders:

  • Partner and collaborate with various regional and functional stakeholders within the company (such as other Legal teams, Compliance, Actuarial, Compliance, Contracts and Wordings, Finance, Internal Audit, Operations, Risk and Underwriting) to ensure holistic assessment and mitigation of risks
  • Coordinate with lawyers and compliance officers assigned to other teams within Swiss Re's Legal & Compliance Division on significant matters that affect the Group's reputation, regulatory relationships or operations
  • Supporting Dispute Resolution experts in the handling of complex disputes and regulatory matters

 About You:

  • Admitted to the bar of at least one state in the United States, preferably Missouri or Kansas
  • Minimum of 6-10 years legal experience in a well-respected law firm, financial services, or healthcare services organization; experience with Insurance Holding Company System Regulatory Act is a plus
  • Ability to identify, research and analyze difficult issues in ambiguous circumstances is a key requirement and to clearly and concisely summarize complex issues for senior leaders
  • Experience in advising about insurance regulations and insurance policy wording matters
  • Exposure to direct and excess domestic and international insurance, including understanding of distribution networks, broker and MGA relationships, is a plus
  • Ability to advise or experience in advising regulated financial services companies, preferably insurance or reinsurance, with market conduct experience
  • Structuring of insurance transactions and placements is a plus
  • Proven ability to meet competing deadlines and work in a demanding, fast-paced environment
  • Ability to execute effectively in a matrix environment, working with diverse teams and individuals
  • Strong ability to build trust relationships with client groups, key stakeholders and colleagues
  • Superior writer and editor of written documents, including insurance policies
  • High personal integrity, with ability to apply highest ethical standards and maintain independence as a lawyer
  • Strong presentation skills, with Word and Power Point proficiency
  • Ability to travel, with travel unlikely to exceed 15%
  • Languages: Business English fluency required; Spanish or French fluency a plus

 


Keywords:  
Reference Code: 115483 

 


Nearest Major Market: Kansas City

Job Segment: Compliance, Law, Claims, Regulatory Affairs, Executive, Legal, Insurance, Management