Vice President, Contracts Counsel

Legal New York, New York


Description

 

Who We Are

SiriusPoint is a global (re)insurer writing a worldwide portfolio of businesses including Accident & Health, Liability, Property, and Specialty.

Bermuda-headquartered and listed on the New York Stock Exchange (NYSE: SPNT), we are looking at ways to grow intelligently, underwrite profitably, and drive technology innovation in the insurance industry.

We challenge convention, disrupt the traditional way of doing things, and devise new and better solutions. We strive to be excellent in everything we do, and to continuously build knowledge and learn beyond our current skillsets.

 

Join Our Team  

You will be our Vice President, Contracts Counsel that will provide legal counsel and guidance to underwriting and claims units in connection with issues related to reinsurance contract formation, negotiation, interpretation, and execution. You will report to our General Counsel of the Americas.

Your responsibilities will include:

  • Ensuring contract wording best practices are established and consistently managed throughout the group. Providing thought leadership to address new and emerging issues by providing underwriting and contract wording personnel with industry and legal advice on wording issues.
  • Monitoring workflows for efficiency and recommend process improvements when warranted. Participating in the development of new assumed and ceded contracts/trust agreements and other related correspondence, including intercompany agreements. Overseeing the review of contracts, endorsements, etc. with respect to assumed and ceded business.
  • Drafting and reviewing confidentiality agreements and trust (collateral) agreements as needed. Analyzing and updating existing assumed and ceded contracts, trust agreements, and attending documentation.
  • Modifying contract wordings to adhere to the organization's standards and/or the underwriting group's evolving business objectives and underwriting guidelines or other internal controls.
  • Managing the process of finalizing the document, including the final review, execution, and delivery of the document.
  • Providing technical legal assistance and advice with regards to current reinsurance practice and wording issues to legal team members and others, including underwriting, claims, finance, and other business units. Assisting with the negotiation of wording issues with brokers and clients.
  • Monitoring statutory positions, regulatory guidelines and judicial decrees or other emerging issues affecting reinsurance contract wording.
  • Bringing legal guidance to our underwriting staff in connection with current affairs and emerging legal issues impacting reinsurance coverage, provide thought leadership to assist in guiding Group level contracts wording approach, and prepare, review, control, and secure contract documentation with respect to assumed and ceded reinsurance on behalf of SiriusPoint affiliates.
  • Maintaining contract and treaty library for internal and external clients.
  • Assisting with miscellaneous regulatory and compliance matters associated with local operating companies and group policies and will provide leadership to the Group’s Contract Wording Committee.

 

Be Yourself

We are building a differentiated culture and approach. We have shared values that drive our behavior and a culture that makes it a fun, exciting, and productive place to work and a great partner to do business with. You should be entrepreneurial, pioneering, open, and yourself.

Your skills and abilities should include:

  • Experience as in-house and/or external counsel with 7+ years of insurance and/or reinsurance expertise.
  • Must be a member, in good standing, of the New York Bar (preferred) and/or any US State.
  • Ability to manage others while meeting and/or exceeding deadlines - prioritizing, multi-tasking, and maintaining flexibility in a fast-paced, changing environment.
  • An exceptional communicator, collaborator, and influencer. Skilled at engaging with and building trusted relationships with C-suite leaders and other key stakeholders. Able to bring people together.
  • Able to operate and excel at both strategic and tactical levels. Willingness to roll up your sleeves to get things done.

 

We Achieve More Together

We value and support the unique voices, backgrounds, lifestyles, and contributions of a diverse global employee base that contributes to our culture every day. Diversity, Equity, Inclusion, and Belonging (DEI&B) is imperative to our success.

We are building an environment that imbeds DEI&B into everything we do and enables us to unlock critical drivers of equality, innovation, and success. We want everyone to be included, valued, respected, and supported to unleash their full potential.