Allied World Assurance
Allied World Assurance is a global provider of insurance and reinsurance solutions.
- Open roles
- 64
Job facts
- Location
- GB-GB-London
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AVP, Associate General Counsel, Global Markets, Legal & Compliance Group
at Allied World Assurance
Description of the role:
The successful candidate will be responsible for providing in-house legal services to support various business lines and functions, including the General Casualty, Healthcare, Professional Lines, Property, Marine Cargo, Fine Art & Specie, Construction and Facultative Reinsurance underwriting business activities of Allied World’s Europe and Lloyd’s platforms.
Duties and Responsibilities:
- Responsible for analyzing contract terms of new/renewal business to help identify exposures, document/clarify underwriting intent and ultimately confirm compliance with agreed upon terms and corporate guidelines.
- Draft policy forms, endorsements and ancillary policy documents.
- Maintain knowledge of Allied World’s current business activities, statutory laws, regulations, and judicial developments affecting the business.
- Review, draft and negotiate a variety of underwriting agreements, nondisclosure agreements, and other agreements that comply with company policies and risk tolerance.
- Support the continuous improvement of standard form agreements and legal processes and assist in the development and implementation of company policies and procedures.
- Provide support to underwriters as needed on legal issues pertaining to submissions and related coverage.
- Provide support to claims personnel on coverage and procedural issues.
- Maintain the standard policy wordings and endorsements for ceded facultative reinsurance for all lines of business across Europe.
- Coordinate with and assist other legal department personnel globally, as appropriate, and handle complex issues and effectively communicate relevant guidance to internal colleagues.