Legal Counsel supporting Corporate Solutions business in North America's commercial insurance. Drafting MGA agreements and advising on regulatory compliance with a collaborative legal team.
Responsibilities
Act as a trusted legal partner to the North America Corporate Solutions business, supporting both day-to-day operations and strategic initiatives
Draft, review and negotiate MGA agreements for various lines of business
Advise on the structuring, negotiation, and ongoing supervision of MGAs and other delegated authority arrangements
Support the business in managing MGA lifecycle activities, including onboarding, regulatory compliance, audits, amendments, and enforcement of contractual terms
Partner closely with Underwriting, Compliance, Risk, and Operations to ensure MGA models align with regulatory expectations and Swiss Re governance standards
Provide legal advice on U.S. insurance regulatory matters impacting Swiss Re's distribution channels, incl. MGA structures
Assist the business with regulatory advice, including ensuring regulatorily compliant contractual agreements across the lines of business (with a potential focus of Surety)
Contribute to interdisciplinary projects with Finance, Tax, Compliance, Risk, IT, Operations, and Underwriting
Apply Group legal policies, controls, and governance standards in a pragmatic, business-enabling manner
Draft, review and negotiate sourcing, vendor, outsourcing, and IT-related agreements
Support Procurement and business stakeholders in assessing legal, regulatory, data protection, and operational risks associated with third-party vendors
Requirements
Admission to the bar in at least one U.S. state
At 7+ years of legal experience, gained in a top-tier law firm and/or financial services or insurance environment
Strong experience drafting and advising on MGA arrangements, distribution models, and delegated authority frameworks
Understanding of U.S. insurance regulatory concepts; experience with Surety is a plus
Demonstrated experience in drafting and negotiating vendors, outsourcing and IT agreements
Ability to analyze complex issues, exercise sound judgement in ambiguous situations, and clearly explain risks to senior stakeholders
Excellent communication and relationship-building skills, with a collaborative and solutions-oriented mindset
High personal integrity and comfort operating independently while aligned with Group standards
Benefits
A highly collaborative, international working environment
Exposure to complex MGA and commercial contracting models
Flexibility and a hybrid working approach
The opportunity to shape how legal support is delivered in a modern insurance business
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