P&C Senior Legal Counsel – EMEA

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.

The role holder will report directly to the Chief Legal Counsel, P&C Business Unit and will interact with other P&C business unit counsel and the Group’s global Legal and Compliance teams.

Under the direction of the Chief Legal Counsel (P&C Business Unit) the role holder will be responsible for:

Expert Legal Advice:

• Accountable for providing high-quality legal expertise, advice and assistance in respect of any assigned P&C transactional and underwriting matters (including detailed contract wording review and editing and developing preferred SCOR P&C contract language) for EMEA with an emphasis on supporting Paris based underwriters, and, bandwidth permitting, other geographies as needed.

Negotiation:

• Responsible for leading negotiations of complex legal issues with external business partners and providing practical and pragmatic advice and support to the P&C business community on the negotiation of commercial terms.

Product Development:

• Leading legal support for 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.). Accountable for legal aspects of product development and market entry (working with the regulatory team as required).

Training:

• Developing and leading training to the underwriter community.

Lex II & Contract Wording:

• 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 P&C leadership and the P&C Legal community.

• Monitoring, identifying, 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.

Regulatory & Best Practice: 

• Responsible for overcoming legal and regulatory challenges by Developing viable solutions to legal and regulatory “road blocks” to facilitate the P&C business unit’s delivery on its business plans and targets.   

• Identifying required protocols and guidelines and developing and where required supporting the development of protocols and guidelines to be embedded into the P&C business unit to ensure there are institutional best practices.   

• Handling phase 2 sanctions clearance referrals for complex sanctions and compliance issues. Responsible for ensuring compliance with applicable sanctions and regulations.

Project Leadership:

Leading and managing assigned legal projects, ensuring timely and effective delivery of project objectives. This includes coordinating with cross-functional teams, setting project timelines, and monitoring progress.

Required experience & competencies

• 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

• Learning and self-development: The role holder will have an appetite for learning and d