Legal Counsel

SiriusPoint Ltd.; United Kingdom; On-site; GBP 60,000 - 100,000; Full time

Job summary

Join an innovative global underwriter as Legal Counsel in London, where your expertise will shape the future of insurance and reinsurance. In this pivotal role, you will provide essential legal and regulatory support to business leaders, ensuring compliance while advising on complex contracts and coverage issues. Collaborate with a dynamic team as you navigate the intricacies of insurance law, engage with key stakeholders, and contribute to special projects that drive success. This is your chance to be part of a purpose-driven organization that values integrity, diversity, and collaboration, empowering you to make a meaningful impact in the industry.

Benefits

Competitive Compensation Package

Supportive Work Environment

Career Development Opportunities

Qualifications

• Must be a qualified lawyer with a strong contract drafting background.
• Experience in insurance and reinsurance matters is preferred.

Responsibilities

• Provide legal support for business development and underwriting teams.
• Draft and review insurance contracts and commercial agreements.

Skills

Entrepreneurial Spirit

Contract Drafting

Regulatory Counsel Experience

Flexibility

Collaboration Skills

Stakeholder Engagement

Education

Qualified Lawyer in England and Wales

Job description

LEGAL COUNSEL

Location: London

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as "One SiriusPoint" to apply expertise and underwrite risks across our four primary operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

We have underwriting hubs in Bermuda, Liege, London, New York, Stockholm, and Toronto, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

Join Our Team

You will serve as our Legal Counsel and be a key member of our Legal, Regulatory, and Compliance team. You will be responsible for providing day-to-day legal and regulatory support for our P&L leaders and their respective business development and underwriting teams in the UK. You will report to our Head of Legal & Compliance, UK.

Your responsibilities will include:

1. Advising the Lloyd’s managing agent Sirius International Managing Agency on business written by Lloyd’s Syndicate 1945 as well as our UK branch operation of SiriusPoint International Insurance.
2. Advising and assisting with insurance contract review and drafting, including but not limited to Delegated Authority/Binding Authority Agreements, TOBAs, and Claims Administrator Agreements.
3. Drafting and reviewing a variety of commercial agreements including commutations, novations, trusts, and confidentiality agreements, as needed.
4. Working with the Compliance Team to identify and analyze legal issues, and provide advice, counsel, and training on insurance and regulatory matters.
5. Advising on product-related support, such as policy language legal reviews and assisting with the preparation and approval of marketing and advertising from a legal perspective.
6. Identifying coverage issues and potential litigation risk and coordinating with the in-house Litigation Team on such matters.
7. Staying abreast of legal and regulatory developments affecting SiriusPoint’s products and operations, including conducting legal research and preparing memoranda regarding legislative developments.
8. Handling special projects as needed.

Our Purpose

At SiriusPoint, we work as one team across our global business, uniting that team behind common goals, understanding the positive impact we can all make at SiriusPoint.

Our Vision

To be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise, and data to provide intelligent risk solutions.

Our Culture

Our culture is one of performance and accountability.

Our Values

1. Integrity: Integrity, respect, and trust are our core principles.
2. Customer Focused: Our customers are the reason we exist.
3. Solution Driven: Creating solutions is our mindset.
4. Diversity: Diversity, inclusion, and allyship make us stronger.
5. Collaboration: Collaboration drives our performance.

Your Skills and Abilities Should Include:

1. Entrepreneurial Spirit.
2. Substantive contract drafting background (insurance and reinsurance contracting background preferred).
3. Experience as regulatory, claims, or coverage counsel (in-house or external) with experience involving insurance and/or reinsurance matters.
4. Must be a qualified lawyer admitted to practice law in England and Wales.
5. Flexibility with the ability to prioritize and multi-task. Strong execution focus. Willingness to roll up your sleeves to get things done.
6. Exceptional and intentional collaborator. Able to operate and excel at both strategic and tactical levels.
7. The ability to engage with and build trusted relationships with key stakeholders. Able to bring people together.

Why Should You Join SiriusPoint?

Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above-market compensation package.

We Achieve More Together

At SiriusPoint, we know that diversity, inclusion, and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.

We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place to work.