Description

Legal Counsel, P & L Support

Hybrid-New York, New York

Who We Are

SiriusPoint Ltd. is a global insurer and re-insurer writing a worldwide portfolio of businesses including Accident & Health, Liability, Property and Specialty.

Bermuda-headquartered and listed on the New York Stock Exchange (NYSE: SPNT), we are looking at ways to grow intelligently, underwrite profitably and drive technology innovation in the insurance industry.

We challenge convention, disrupt the traditional way of doing things, and devise new and better solutions. We strive to be excellent in everything we do, and to continuously build knowledge and learn beyond our current skillsets.

Join Our Team

You will serve as our Legal Counsel – P&L Support and be a key member of our Legal, Regulatory and Compliance team. You will be responsible for providing day to day legal and regulatory support for our P&L leaders and their respective business development and underwriting teams in North America. You will join us at an exciting time as we are growing and investing in our infrastructure to support our business growth. You will report to our Associate General Counsel, Head of P&L Support.

Your responsibilities will include:

Working closely with the underwriting teams and business unit attorneys, you will review and/or prepare reinsurance contracts and insurance policy wordings.
Working with brokers and underwriters to draft and manage market terms and differences in conditions for ceded reinsurance contracts and Interests and Liability Agreements.
Advising and assisting with contract review, and drafting, including but not limited to, program administrator, broker/producer, third-party administrator, and license agreements.
Working with the Compliance Team, identify and analyse legal issues, and provide advice, counsel, and trainings on insurance and regulatory matters.
Advising on product-related support, such as policy or manuscript language, and rate and product filings. Advise and assist with the preparation and approval of marketing and advertising programs.
Identifying coverage issues and potential litigation risk and coordinating with the in-house Litigation Team on such matters.
Staying abreast of legal and regulatory developments affecting SiriusPoint’s products and operations, including conducting legal research and preparing memoranda regarding legislative developments.
Drafting and reviewing a variety of agreements including commutations, novations, trusts, and confidentiality agreements, as needed.
Handling special projects, as needed.

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide every day actions and decision making.

Integrity: Integrity, respect and trust are our core principles
Customer Focused: Our customers are the reason we exist
Solution Driven: Creating solutions is our mindset
Diversity: Diversity, inclusion and allyship make us stronger
Collaboration: Collaboration drives outperformance

Your Skills and Abilities Should Include:

Entrepreneurial Spirit
Substantive contract drafting background (insurance and reinsurance contracting background preferred).
Experience as regulatory, claims or coverage counsel (in house or external) with 5+ years of experience involving insurance and/or reinsurance matters.
Trial or dispute resolution experience is desirable.
Nimble with Thompson Reuters/Westlaw suite of research tools.
Must be a member, in good standing, of the New York Bar (preferred) and/or any US State.
Flexibility with ability to prioritize and multi-task. Strong execution focus. Willingness to roll up your sleeves to get things done.
Exceptional and intentional collaborator. Able to operate and excel at both strategic and tactical levels.
The ability to engage with and build trusted relationships with key stakeholders. Able to bring people together.

SALARY: The estimated salary range for this position is $152,000 to $200,000 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary, SiriusPoint will consider a candidate’s relevant experience, location, and other job-related factors.

Why Should You Join SiriusPoint?

Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package. The following are some of the benefits and perks we offer our employees:

Medical
Dental
Vision
FSA Medical and Dependent care
Health Savings Account (HSA)
EAP
Basic Life and AD&D (company paid)
Basic Long-Term Disability (employer) paid-Taxable income
Employee paid Long Term Disability(voluntary)
Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service
Voluntary benefits: short term disability, Critical illness, Hospital Indemnity, Accident
Travel assistance programs Company paid
401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed
Gym reimbursement
Legal plan
Pet Insurance
Tuition reimbursement
Generous PTO
Flexible work arrangement
Fully stacked pantry on-site
Team outings
ERG Groups

We Achieve More Together

We value and support the unique voices, backgrounds, lifestyles, and contributions of a diverse global employee base that contributes to our culture every day. Diversity, Equity, Inclusion and Belonging (DEI&B) is imperative to our success.

We are building an environment that imbeds DEI&B into everything we do and enables us to unlock critical drivers of equality, innovation and success. We want everyone to be included, valued, respected and supported to unleash their full potential.