Job Details

Legal and Compliance

Company name

Allied World Assurance Company

Organization Type

In-House

Job Type

Attorney

Date Last Verified

Mar 14, 2020

Valid Through

Jun 27, 2020

Posted on

Sep 03, 2019

Years of Experience

Min 8 yrs required

Location

New York City, NY, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Contract Law >> Contract Law
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Profile

Legal and Compliance
The candidate will be responsible to review and draft reinsurance contracts, addenda, novations and other legal documents for underwriters in the U.S., Bermuda, London and Singapore. Liaise with underwriters in the review and drafting of reinsurance specifications and contract wordings for new and existing programs. Maintain a library of approved contract wordings for use by underwriters. Research and develop new clauses as necessary. Comply with contract wording procedures. Research reinsurance issues of interest to underwriters. Assist in keeping underwriters apprised of new reinsurance coverage developments and their implications. Consistently remain informed of current regulations, laws, insurance department circulars and claims trends that may involve the revision of contracts. Review non-disclosure agreements. Must have a J.D. or equivalent degree and a minimum of 8 years of experience with reinsurance issues, policy drafting and other related contracts. In-house experience within an insurance company would be a distinct advantage. Should have strong analytical and technical skill sets.

Additional info

Ref-1900004K

Company info

Hiring Coordinator
Allied World Assurance Company
199 Water Street
24th 29th Floors
New York City, NY 10038

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