Senior Counsel, Technology Contracts
RELX
Head of Legal
Empower
full-time
Posted on:
Location Type: Hybrid
Location: Conshohocken • Pennsylvania • 🇺🇸 United States
Visit company websiteSalary
💰 $183,300 - $265,800 per year
Job Level
Lead
About the role
- Lead the team to fulfil the strategic mandate while providing legal guidance to the executive team
- Translate the business strategy and vision into tangible deliverables that are cascaded down to the team
- Advise on legal aspects of company strategy, operations, and risk management within reinsurance
- Act as a key legal advisor on reinsurance transactions, contracts and business development initiatives
- Maintain a strong, collaborative network across CLRe’s global operations
- Ensure contracts are written to preserve the rights of the company given the desired outcome of the pricing and marketing teams
- Work with legal and treaty staff to discuss any issues that arise regarding existing contracts
- Work with business development teams to develop new contracts based on terms agreed and prepare legal documents that properly bind the business intentions of the team
- Ensure the company’s vision and values are communicated regularly and continue to guide the behaviors of the team
- Develop and enhance the operational effectiveness of the team with a focus on accountability and empowerment
- Manage the complexities of a hybrid office environment placing importance on effective leadership, communication, openness and in-person collaboration
- Oversee day to day operations of the team ensuring workload is distributed appropriately
- Ensure appropriate frameworks are in place to enhance the long-term sustainability of the function including succession planning and resource planning to meet the future needs of the business
- Develop, mentor and coach team members to reach their full potential
- Manage performance management and bonus discussions with continuous two-way feedback
- Oversee any international opportunities to support strategic initiatives and business growth
- Manage and resolve legal disputes, litigation, and arbitration
- Primary point of contact and advisor for any potential legal disputes arising within the company
- Coordinate with Claims, Underwriting and Finance departments regarding legal/compliance matters
- Lead and manage external counsel relationships and determine when external legal advice is required
- Support the Board of Directors and executive team on corporate governance and legal risk
- Oversee corporate secretarial matters, including board minutes, filings and statutory records
- Identify and manage legal risks across the business and develop risk mitigation strategies
- Promote a culture of compliance and ethical standards across the organization
- Lead the Compliance Function for the Division in accordance with the compliance mandate
- Provide independent oversight of all Compliance activities through implementing, maintaining and overseeing the Regulatory Compliance Management (RCM) Framework in line with OSFI Guideline E-13
- Monitor and assess the effectiveness of Regulatory Compliance Management (RCM) controls across our operations
- Advise the senior leadership team and the Lifeco CCO on compliance matters, emerging issues, the effectiveness of controls and regulatory trends impacting the business
- Ensure compliance with relevant insurance, reinsurance, and financial regulatory frameworks (e.g. Solvency II, local insurance laws, sanctions, anti-bribery laws etc.)
- Collaborate with internal stakeholders to ensure alignment with Lifeco’s compliance strategy and risk appetite
- Ensure all entities are properly licensed to enter all contracts - includes review and licensing of new jurisdictions
- Ensure all entity board meetings comply with internal and external governance processes
- Work with HR to respond to any compliance related complaints (internal or external)
Requirements
- Minimum of 15 yrs PQE working in financial services specifically life assurance, pensions or reinsurance market, ideally international experience (reinsurance experience preferred)
- Experienced with M&A, structured financing, and asset transactions
- Senior leadership skills and experience dealing with clients and stakeholders
- Experience dealing with complex financial statements and/ or risk management on complex business
- Experience in a regulated role and presenting at committee and Board level
- Experience of leading a complex and multi-functional team in a matrix environment
- Must be licensed and in good standing to practice law
- Knowledge of insurance and reinsurance market and trends
- Knowledge and understanding of requirements of different stakeholders
- Awareness of legal and compliance trends
- A well-rounded understanding of the drivers of sustainable growth and success
- Strong knowledge of financial services sector, PRA/FCA/CBI regimes and US reinsurance regulation
Benefits
- Medical, dental, vision and life insurance
- Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
- Tuition reimbursement up to $5,250/year
- Business-casual environment that includes the option to wear jeans
- Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
- Paid volunteer time — 16 hours per calendar year
- Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
legal guidancerisk managementcontract negotiationcompliance managementM&Astructured financingasset transactionsfinancial statements analysisregulatory compliancelitigation management
Soft skills
leadershipcommunicationcollaborationmentoringcoachingperformance managementstrategic thinkingaccountabilityproblem-solvingstakeholder management
Certifications
licensed attorneyPQE (Post Qualification Experience)
