About this role
The role holder’s primary responsibility will be to provide expert technical legal support to the P&C Business Unit’s EMEA teams covering P&C Treaty, Alternative Solutions (working with the dedicated Alternative Solutions (EMEA based) counsel) and Single Risk Underwriting Teams, with a focus on delivering comprehensive, reasoned and commercially viable contracting support, including wordings support.
The role holder will be required to handle phase 2 sanctions clearance (low volume/high expertise) referrals in respect of complex sanctions and compliance issues ensuring compliance with SCOR’s commitment to rigorously observe all applicable sanctions and compliance related obligations.
The role holder will be expected to provide effective legal support for the development, build out and subsequent maintenance of the P&C element of SCOR’s proposed wordings tools.
The role holder will be expected to comprehensively understand and timely respond to (as is appropriate) the commercial and business-related constraints and pressures on the SCOR P&C business unit and its growth targets whilst effectively mitigating the associated risks to SCOR.
- Reinsurance and Legal knowledge : Extensive recent (re)insurance contract wording and legal support experience and superior technical skills are required.
- Communication skills : Excellent written and oral communication skills, the ability to determine how and when to develop/sustain a message and/or an idea and the ability to deploy the right tools to present information.
- Business acumen and accountability : A deep understanding of P&C business drivers and the ability to identify and raise critical issues/points when needed; a willingness to “own” and to swiftly correct (if needed) decisions; and, accepting and actioning responsibility regarding cost management.
- Advanced Problem-Solving : Exhibiting advanced problem-solving capabilities by handling highly complex and critical legal issues with significant impact on the P&C Business Unit – involving providing and implementing innovative and effective solutions – after appropriate approvals – to mitigate risks, support business growth, and ensure compliance with legal and regulatory requirements.
- Work autonomy : An ability to operate autonomously, with guidance from the Chief Legal Counsel and team peers. A proven self-starter who takes the initiative and can act independently make their own decisions, while keeping relevant stakeholders advised and involved and operating within internal governance requirements and guidelines Commercial acumen and risk mitigation : 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.
- Stakeholder Management : Demonstrating the ability to build and maintain strong relationships with senior stakeholders and external partners. This includes effectively communicating complex legal concepts, understanding stakeholder needs, and providing tailored legal solutions that support the P&C business unit’s objectives.
- Enthusiasm : The role holder will be enthusiastic about: supporting the activities of the P&C Business Unit globally and across all business activities; working directly with the business and driving legal issues to completion; and providing general support across all areas of the Legal and Compliance functions for P&C as time and experience permits.
- Collaboration and living the SCOR values : Both the P&C business and Legal teams are small, such that collegiality, efficiency, proactivity and curiosity as well as living the SCOR values are key to the role holder’s success.
- Several years demonstrated experience in this field
Required Education
- Strong academic record. A law degree / undergraduate degree with a law conversion qualification / equivalent.
- Licensed to practice law in an EMEA jurisdiction and in good standing / the ability to immediately reactivate membership.
Note : non-lawyers will be considered too, provided they demonstrate strong expertise delivering comprehensive, reasoned and commercially viable contract wording support.