Legal Counsel
Swiss Re
- Hong Kong
- Permanent
- Full-time
- Work closely with a diverse group of structurers, marketers, client managers, underwriters, actuaries and other cross-functional colleagues as part of the transactions core team for both LHSS and PCSS
- Provide legal advice guidance and support in relation to complex structures (e.g. deals falling within the FMT scope) for both LHSS and PCSS
- Review, draft and negotiate contracts and legal documents for reinsurance and retrocession transactions during structuring, negotiation, execution and implementation phases
- Conduct legal and regulatory due diligence on transactions; analyze and advise on legal and regulatory matters as they apply to Swiss Re's transaction activities in reinsurance APAC or globally
- Support the strengthening of transactional knowledge management and the development of house positions for reinsurance and retrocession transactions within Legal P&C and L&H Transactions, the development of efficient transactional policies, templates (in different languages if necessary) and best practices that maintain high legal, compliance and ethical standards
- Facilitate international coordination of legal/regulatory issues and help to maintain and adjust the legal and regulatory framework and processes of Swiss Re in order to meet the legal, regulatory and internal requirements
- Support internal group projects and initiatives, as needed; provide timely and concise input to senior management and ensure adequate management reporting
- Instruct and manage outside counsel (as needed)
- Conduct and/or arrange internal presentations and trainings on legal topics with focus on transactions
- Monitor legal and regulatory trends affecting relevant business areas
- Are a fully qualified lawyer
- Have a minimum of 5+ years post qualification experience, preferably in-house or with a law firm if no in-house expereince. in the (re)insurance industry; experience in reinsurance laws, regulations and practices and a sound understanding of different transactional structures, cross-border issues, basic structured finance and collateral structures
- Are able to negotiate, write and work professionally in English and in Mandarin; other Asian languages are an advantage
- Work independently and prioritize multiple requests and deadlines
- Provide high-quality, timely client service that is balanced with a clear focus on protecting the interests and reputation of the firm and adopt a pragmatic, solutions-oriented, consultative approach to problem-solving
- Are able to collaborate with those within and outside your team to lead transactions to their full implementation
- Are a strong communicator (written and verbal)
- You identify and report legal, regulatory and reputational risks, provide professional advice, expertise and guidance, and apply sound judgement beyond the dimensions of laws and regulations
- You are a trusted business partner, who develops strong relationships and communicates legal concepts clearly and succinctly
- You possess excellent drafting, negotiation, influencing and legal project management skills
- You share assumptions, beliefs, values and thought process in reaching conclusions and are self-reflective, willing to learn, and collaborative
- You take accountability for progress and/or outcomes, apply a measured appetite for risk, and plan ahead to deliver workable solutions
Reference Code: 128613