Legal Counsel - Corporate Solutions Credit & Surety Legal Team (80 - 100% working degree)

Swiss Re - Schweizerische Rückversicherungs-Gesellschaft; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Swiss Re is seeking a Legal Counsel for its Corporate Solutions Credit & Surety legal team. The role involves providing legal support for surety transactions, drafting documents, and advising on regulatory matters. Ideal candidates will have a law degree and experience in the insurance or financial sectors, with strong drafting and negotiation skills.

Qualifications

• Experience with law firm or international financial institution/insurance company.
• Fluency in English; other languages are a plus.
• Ability to handle multiple requests and deadlines.

Responsibilities

• Conduct legal and regulatory review of surety transactions.
• Draft transaction documents and advise on terms.
• Facilitate closing of transactions and support underwriters.

Skills

Legal risk identification

Drafting skills

Negotiation skills

Regulatory understanding

Education

Law degree

Job description

Legal Counsel - Corporate Solutions Credit & Surety Legal Team (80 - 100% working degree)

This is a legal counsel role (vice president level) in the Corporate Solutions Credit & Surety legal team. We are a small, global legal team providing dedicated transactional, regulatory and legal support to the Credit & Surety business unit which underwrites insurance in areas such as trade finance, project & infrastructure finance, commodity finance, political risk insurance and surety.

About the Role

In your role you will focus primarily on the surety side of the business, with typical tasks including:

• Conducting legal and regulatory review of surety transactions
• Drafting transaction documents (such as facility agreements, indemnity agreements and bonds) and advising on/negotiating terms.
• Advising on cross-border enforceability of contracts
• Advising on licensing and regulatory aspects in relation to international surety transactions
• Facilitating the closing of transactions and supporting underwriters during implementation, restructuring and unwinding of transactions.
• Providing legal support for internal group projects and strategic initiatives in relation to surety
• Foster and maintain positive working relationships with internal and external clients and outside counsel (as needed)
• Monitoring legal and regulatory trends affecting relevant business areas
• Conduct internal presentations and trainings on legal topics

About the Team

This is a full time position in a legal team that provides legal support to the global Credit & Surety insurance business at Swiss Re Corporate Solutions. This is a largely transactional role providing legal support to underwriters, product managers, risk managers, and claims specialists in a highly commercial way. Our client is a global business team, committed to delivering value and innovative solutions in the primary insurance space. In our team, you will be close to decision makers and directly see the results of your work.

About You

We would like you to have:

• A law degree with experience with a law firm or international financial institution/insurance company, preferably in one of the following areas of law:
  • s urety bonds/guarantees
  • banking/lending
  • insurance
• Experience and understanding of regulatory and licensing topics in cross-border scenarios
• Speak and write in English fluently, other languages are a plus.
• Enjoy working independently and handling multiple requests and deadlines.
• Display a "can do" mindset, are dedicated to learning and developing new skills and prepared to go the extra mile
• Can effectively handle and prioritize multiple requests and deadlines in a fast paced environment
• Are comfortable working independently alongside a global team situated in different locations

Personal Skills:

• You identify and report legal risks, provide professional advice, expertise and guidance, and apply sound judgement and counsel beyond the dimensions of laws and regulations
• You are a trusted business partner, who manages relationships and communicates legal and compliance concepts clearly and succinctly
• You possess excellent drafting, negotiation and influencing skills and can manage legal and compliance related matters
• You openly share assumptions, beliefs, values and thought process in reaching conclusions and are receptive to constructive challenge, are willing to learn, self-reflective, and collaborative
• You take responsibility for progress and/or outcomes, apply a measured appetite for risk, and plan ahead to deliver workable solutions

#LI-Hybrid

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Start your career journey with Swiss Re.