Reinsurance Counsel - Singapore - MMC Corporate

MMC Corporate

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Reinsurance Counsel

What is in it for you?

Be part of a reputable and recognized brand in the reinsurance broking and risk management industry by working with and learning from industry leading experts in the field
Unprecedented opportunity to meaningfully impact our clients and make a difference
Access to internal resources that provide mentorship and development opportunities

We will count on you to:

Serve as the primary contact with regulators on reinsurance issues
Identify and review reinsurance regulations
Implement and monitor relevant policies, procedures and controls
Provide prompt regulatory advice and support to the reinsurance business
Manage regulatory filings and notifications for the reinsurance business
Manage and oversee regulatory examinations and inspections involving the reinsurance business
Conduct investigations into legal, compliance and / or ethics issues for the reinsurance business
Carry out duties as data privacy officer (where relevant) for the reinsurance business
Promote a culture of integrity and compliance through regular communications and trainings
Facilitate the reinsurance business' risk management process, conduct risk assessments and maintain risk registers, and manage risk committees as relevant
Identify potential reinsurancerelated risk and compliance issues associated with new reinsurance products, services and jurisdictions and implement appropriate measures to address them
Conduct periodic monitoring and compliance assessments for the reinsurance business
Work with the reinsurance business and functional units to determine corrective actions for relevant issues
Prepare risk and compliance reports for business leaders and senior members of the LCPA function
Support M&A and other corporate activities pertaining to the reinsurance business
Provide analysis and counsel on a range of legal issues related to the reinsurance business
Draft, review and negotiate contracts for the reinsurance business
Assist with the development of templates for the reinsurance business
Engage and supervise outside counsel for reinsurancerelated matters
Manage effective Errors & Omissions ("E&Os") prevention and mitigation strategies for reinsurance business
Actively participate in appropriate executive, leadership, and / or operating committees
Engage with senior reinsurance business leaders across Asia Pacific where appropriate

What you should have:

Recognized legal qualification from, and admitted to practice in, a common law jurisdiction
Minimum 3 years of postqualification experience in a law firm and/or inhouse legal & compliance role
Experience in compliance and regulatory advisory work in (re)insurance or financial services sectors
Prior experience handling contract reviews and management

What makes you stand out: