Senior Legal Counsel, Global Reinsurance

Senior Legal Counsel, Global Reinsurance - Chubb External Careers

• To provide support to COG regions on all reinsurance-related issues.
• This role is a visible resource to business partners and colleagues worldwide.
• A key aspect of the position is the ability to build strong internal working relationships with Chubb’s Ceded Reinsurance Department and product line business partners (P&C and A&H) as well as external working relationships with Chubb’s reinsurers and reinsurance brokers in a fast-paced and dynamic environment.
• Working closely with COG Ceded Re buyers and brokers on Chubb’s reinsurance treaties
• Assisting business partners with facultative transactions – ceded and assumed - for both affiliate and non-affiliate transactions
• Responsibility for internal reinsurance arrangements
• Advising Ceded Re buyers and Chubb’s Global Reinsurance Security Committee (RSC) on different types of collateral, e.g. trusts and parental guarantees
• Reviewing/drafting captive arrangements and subsequent negotiation, and working with Global Credit Management on associated collateral with captives
• Assisting on multinational program reinsurance structures and documents
• Working with business lawyers and clients in negotiating treaties
• Monitoring reinsurance regulatory developments around the world as they impact Chubb reinsurance placements and contracts
• Providing and developing training to Chubb business lawyers on reinsurance issues
• Advising Ceded Re, Claims and business partners on reinsurance coverage
• Opportunity to get involved with contentious reinsurance issues, including any formal disputes
• Negotiating agreements with brokers

• Legal experience ideally within insurance or reinsurance, preferably including some non-contentious transactional experience.
• Ability to work effectively with senior leaders and balance the business and legal issues to reach desired outcome
• Knowledge of the reinsurance industry, customs and practices is preferable
• Ability to manage multiple projects in dynamic business environment
• Ability to work in a team environment
• Execution oriented
• Proactive individual who does not wait for work to come to her/him but actively seeks out where value can be added

• Pension and annual bonus scheme
• 25 days annual leave plus ability to purchase 5 additional days
• Private Medical cover
• Employee Share Purchase Plan
• Life Assurance
• Subsidised gym membership
• Comprehensive Learning & development offerings
• Employee Assistance program

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.