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SCOR

VP, Associate General Counsel Legal

Posted 21 Days Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
200K-311K Annually
Expert/Leader
In-Office
Chicago, IL, USA
200K-311K Annually
Expert/Leader
Provides legal counsel to financial solutions leadership, supporting deal structuring, transaction execution, risk mitigation, contract negotiation, legal research, and document preparation. Manages outside counsel, advises senior stakeholders, protects company interests, and supports corporate governance, restructuring, M&A, and cross-functional projects. Requires independent judgment, strong communication, project leadership, and insurance or reinsurance financial solutions experience.
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Key duties and responsibilities

Working in close collaboration with the US Head of Financial Solutions and other senior financial solutions leadership throughout SCOR, this role will include problem solving, deal structuring and execution of solutions for SCOR’s  financial solutions clients. While this position will focus primarily SCOR’s US business, this position will also work closely with financial solutions business and legal leaders in Europe and Asia when necessary to create and execute a transaction. In addition, the role will also provide assistance to the SVP, Chief Legal Officer as needed relating to legal entity structure/restructuring, governance, M&A and similar internal corporate transactional matters.

The SVP, Associate General Counsel’s work will include legal research, document review, contract and document preparation, risk identification and remediation.  This role will include the following:

  • Provide legal advice and counsel to the business lines and their leadership.

  • Risk mitigation, assessment and advice to management.

  • Active management of outside counsel.

  • Document review, negotiation and preparation within expected timeframes and to a high standard of quality.

  • Accurate and timely production of all assigned tasks. 

  • Identification and protection of the Company’s interests in all matters.

  • Work independently and with minimal guidance from other legal staff.

  • Interact with and serve as an educational resource for the business lines concerning legal issues and how SGL Americas operational norms and practices interact with legal issues.

  • Assume significant roles in SGL Americas, SGL and Group projects to enable the business units/internal clients to achieve goals.
  • Provide clear, concise legal advice, grounded in thorough knowledge of Company business and process, to senior business unit leadership.
  • Proactively engage in the business processes of assigned internal clients so as to anticipate needs and risks.

 

Responsibilities

Required experience & competencies

Experience: 

  • Minimum Experience: 7-10+ years in private practice or corporate environment. 
  • Insurance or reinsurance experience in financial solutions as described herein is required.
  • Must possess excellent research and writing skills.
  • Must be a self-starter, capable of engaging internal clients, understanding their business issues and concerns, and delivering quality legal advice and consultation in a timely fashion. 
  • Must be able to work in a fast-paced, intellectually stimulating environment with professionals from multiple disciplines, including treaty, actuarial, finance, operations and sales and marketing. 
  • Ability to work in a collaborative manner both within and outside the Law Department is critical to success.
  • Ability to work on multiple assignments and projects simultaneously to timely completion. 
  • Must deliver high quality work product to clients within established timeframes.
  • Must be able to work with minimal supervision and instruction.
  • Demonstrated ability to lead projects and team assignments with minimal supervision and instruction.

Personal Competencies:

  • Problem Solving - Identifies and analyses issues, proposes and rolls out relevant solutions after appropriate approvals.

  • Communication - Knows how and when to develop/sustain a message and/or an idea (speaking and writing), uses the right tools to present information.

  • Resilience - Demonstrates an ability to step back when facing difficult situations and to bounce back after a failure.

  • Decision Making - Makes decisions and/or rolls out the decisions taking into account all available information.

  • Accountability - Alerts, raises the critical points when needed, shoulders and corrects his/her decisions and shows responsibility regarding cost management.

  • Commitment - Makes effort to bring his/her skills and uses his/her expertise to contribute to the success of the Group.

  • Curiosity - Demonstrates an appetite for learning and developing his/her-self in his/her field

Digital Competencies:

  • Ability to employ information: identify, recognize, record and store digital information to facilitate retrieval and use

  • Ability to access information: locate, select and retrieve digital information

  • Ability to turn information into business insights, analyze trends and how to compare or combine relevant data sets

  • Apply security measures in digital environments: protect hardware, software applications, data and personal information

  • Ability to create information: generate new digital content and knowledge by organizing, integrating, adapting and applying digital information

  • Ability to identify and assess accurate sources of information

  • Ability to determine information needs: recognize, define and articulate digital information needs

Managerial competencies:

  • Leadership - Demonstrates a capacity to drive positively, to convince, to federate around common purpose and to move the teams forward and acts as a role model.

  • Team Spirit - Helps his/her colleagues and facilitates working relationships seeking the consensus.

  • Feedback - Gives and takes into consideration constructive remarks, with his/her management, peers, clients and employees.

  • Flexibility - Adapts to change and shows reactivity to make the best of it.

Qualifications

Required Education 

  • J.D. from an accredited law school.

  • Licensed to practice and a member in good standing in at least one US state.

 

Pay Range: $[200,000 - 270,000] base salary per year. Pay Range for roles performed in Illinois: $[218,000 - 294,000] base salary per year. Pay Range for roles performed in New York: $[230,000 - 311,000] 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."

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

SCOR Chicago, Illinois, USA Office

Chicago, United States, 00000

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