Take the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.
Our people are our most important asset, and we are very proud of the quality of our team members.
Description of the role:
The successful candidate will be responsible for providing in-house legal services to support various business lines and functions, including the General Casualty, Healthcare, Professional Lines, Property, Marine Cargo, Fine Art & Specie, Construction and Facultative Reinsurance underwriting business activities of Allied World’s Europe and Lloyd’s platforms.
Duties and Responsibilities:
- Responsible for analyzing contract terms of new/renewal business to help identify exposures, document/clarify underwriting intent and ultimately confirm compliance with agreed upon terms and corporate guidelines.
- Draft policy forms, endorsements and ancillary policy documents.
- Maintain knowledge of Allied World’s current business activities, statutory laws, regulations, and judicial developments affecting the business.
- Review, draft and negotiate a variety of underwriting agreements, nondisclosure agreements, and other agreements that comply with company policies and risk tolerance.
- Support the continuous improvement of standard form agreements and legal processes and assist in the development and implementation of company policies and procedures.
- Provide support to underwriters as needed on legal issues pertaining to submissions and related coverage.
- Provide support to claims personnel on coverage and procedural issues.
- Maintain the standard policy wordings and endorsements for ceded facultative reinsurance for all lines of business across Europe.
- Coordinate with and assist other legal department personnel globally, as appropriate, and handle complex issues and effectively communicate relevant guidance to internal colleagues.
Person Specification:
- Minimum of 6 years’ post-qualification experience in insurance or reinsurance coverage litigation or arbitration.
- In-house experience within an insurance company or a Lloyd’s syndicate would be a distinct advantage.
- Experience in drafting commercial insurance contracts.
- Strong analytical and technical skill sets.
- Ability to quickly understand key business issues and operational objectives.
- Effective and confident communicator of complex messages (written and oral) to both internal and external audiences.
- Good interpersonal skills and a positive team member.
- Commercially minded, decisive, highly organized and principled.
- Ability to handle multiple projects simultaneously, deal with conflicting agendas and meet deadlines.
Working at Allied World
Our team of over 1,600 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
- Instant membership in the Allied World team — a global network of colleagues who will support your career journey
- A manager who will help you build your career through a structured coaching program
- Access to a full suite of learning and development tools and resources
Global Presence
We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, Labuan, London, Los Angeles, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.
Our Business
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.
Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.
To learn more, visit awac.com, or follow us on LinkedIn at linkedin.com/company/allied-world.