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VP, Associate General Counsel and Assistant Corporate Secretary

SCOR
Contract
On-site
New York, United States
$195,000 - $263,500 USD yearly
Description

The role holder will be responsible for:

  • Providing legal support and guidance to ensure the proper governance of and compliance with applicable laws, rules, regulations, and internal policies applicable to our U.S. (P&C and Life) Boards and Committees. 
  • Support all aspects of Board and Committee meetings, including working collaboratively with the Corporate Secretary to address legal requirements requiring board action, design agendas considering regulatory requirements and management’s direction, oversee and assist with the preparation, collection and distribution of meeting materials, attend all meetings and draft, and review meeting minutes
  • Create and ensure accurate corporate records in all required systems, manage and certify via legally required secretary certificate the production of corporate governance records for regulatory examination, audit purposes or other initiatives. Draft and review legal documents, including annual review and/or modifications to corporate documentation, annual or quarterly reviews and filings.
  • Provide timely, practical and balanced legal advice, guidance and services to help the management prudently manage risk with a primary focus on supporting the P&C Americas Chief Legal Counsel on US, and if bandwidth allows Canada, regulatory matters. Notably:
  • Maintain thorough awareness of the compliance and regulatory environment by tracking, analyzing, and monitoring key regulatory issues and advise key stakeholders on issues impacting their business area.
  • Participate and assist in key regulatory submissions, including annual filings as to Enterprise Risk, Holding Company Act compliance, and corporate governance as well as regulatory reporting. Advise on regulatory reporting and filing requirements, including ad-hoc and periodic disclosure and reporting requirements.
  • Advise on regulatory inquiries, information requests, and examinations, including interviews and onsite inspections, and associated remediations.
  • Provide periodic reports to senior management on emerging regulatory obligations and the state of the regulatory compliance program.
  • Bandwidth permitting, provide legal guidance and support re: any assigned P&C transactional and underwriting matters (including detailed contract wording review and editing and developing preferred SCOR P&C contract language) for the Americas.

The role holder will be commercial and pragmatic and will understand the impact of market conditions on treaty and direct (specialty) insurance activities, procedures and wordings, while being able to clearly and succinctly articulate issues to the underwriting community (and management), to evaluate the risks associated with the (re)insurance activities and to develop commercial risk mitigation options, while ensuring all operations are compliant with applicable regulatory requirements.

The role holder will be enthusiastic about supporting the activities of the P&C Business Unit globally and across all business activities and providing general support to the Legal and Compliance functions for P&C as time and experience permits.

The role holder will report directly to the P&C Americas Chief Legal Counsel.  



Responsibilities
  • Providing timely, succinct, practical and commercial advice across all topics.
  • Support the U.S. (P&C and Life) Corporate Secretary in all aspects of Board and Committee meetings, including addressing legal requirements requiring board action, design agendas considering regulatory requirements and management’s direction, oversee and assist with the preparation, collection and distribution of meeting materials, attend all meetings and conduct legal and governance requirements at meeting, draft, and review meeting minutes.
  • Monitor and advise on regulatory developments and trends that may impact the company’s operations. Serve as a liaison to business and/or functional departments in connection with regulatory engagements including filings, regulatory examinations, meetings and other interactions.
  • Once established in their role, there is an opportunity for a strong performer to work on transversal and cross-regional projects and to expand their knowledge on matters unrelated to their primary practice and to take on additional responsibilities if bandwidth allows – the P&C Legal team is small providing the opportunity to participate in providing legal support for a wide range of matters (outside of “day-to-day” responsibilities).


Qualifications
  • This role is made for somebody with strong corporate governance and regulatory background and who is capable of operating autonomously, with guidance from their peers, and is excited about working directly with the business and driving legal issues to completion.
  • Some prior relevant experience is required, but a capability to develop new skills, self-teach, learn and grow with the business will make the role holder successful in the long-term.
  • A proven self-starter who takes the initiative and can act independently when needed and make their own decisions, while keeping relevant stakeholders advised and involved and operating within internal governance requirements and guidelines.
  • The ability to swiftly identify and analyze issues, proposals and to roll out relevant solutions after appropriate approvals.
  • Strong written and oral communication skills, the ability to determine how and when to develop/sustain a message and/or an idea and the ability to deploy the right tools to present information.
  • An ability to promptly make decisions and/or to roll out decisions, reflecting all available information and appropriate risk assessments.
  • An understanding of the P&C business drivers and the ability to identify and raise critical issues/points when needed; a willingness to “own” and to swiftly correct (if needed) their decisions; and, accepting and actioning responsibility regarding cost management
  • Both the P&C business and Legal teams are small, such that collegiality, efficiency, proactivity and curiosity are key to the role holder’s success.
  • An appetite for learning and developing themself in their field and dedicating up to 20% of their time on matters outside of their primary expertise.
  • Prior experience with Canada laws and regulations a plus but not required. 
  • Ideally 6+ years of experience.
  • J.D. from an accredited law school or international equivalent. 
  • Licensed to practice and a member in good standing/the ability to immediately reactivate membership in at least one US state.

 Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future. 

Hybrid Work Policy: SCOR is committed to an "in office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

Pay Range for roles performed in NY: $211,000-$286,000, IL: $195,000-$263,500, Other states: $184,000-$248,500 base salary per year.  Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.



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