Alternative Risk Transfer Senior Legal Counsel, New York

Allianz Global Corporate & Specialty

##Manage and support the legal transactional affairs of Capital Solutions (CapSol) and Alternative Risk Transfer (ART), particularly financial risk transfer transactions and contracts including derivatives and financial instruments in general. ~crlf~##Support and foster good governance within the existing Underwriting Governance framework. ~crlf~##Provide expert advice and counsel on regulatory and compliance issues in line with ART LoB, Legal quality and legal and compliance standards, monitoring and assessing legal and regulatory issues, legal and regulatory developments and proposing appropriate changes.

##Support the global business teams of the CapSol and ART LoB business units in the negotiation and execution of transactions and other deal-related activities, with a focus on financial transactions like capital relief.~crlf~##Utilizing legal subject matter expertise in the negotiation and execution of transactions and proactive management of all relevant legal aspects, including management of external counsel, where appropriate.~crlf~##Respond to, and coordinate responses to, disputes and litigation arising out of the business of CapSol and ART.~crlf~##Provide support as above, for other business areas, such as Claims, as required and requested.~crlf~##Provide advice and counsel to the Underwriting teams and key stakeholders concerning regulatory and compliance issues in line with ART LoB Legal quality and applicable legal and compliance standards, particularly as related to derivatives, securities, other financial instruments and capital markets transactions, both in respect of North American and European markets.~crlf~##Provide oversight on, and ensure proactive and timely analysis, communication and implementation of, agreed actions by the team in relation to current regulatory issues and expected future regulatory changes.~crlf~##Support and foster good governance within the existing Underwriting Governance framework and help to further develop this framework,~crlf~##Perform legal reviews and sign-offs.~crlf~##Contribute to the best practice standard setting of ART and CapSol Legal team in a highly complex environment.~crlf~##Participate in Underwriting Committees when required.~crlf~##Coach Underwriting community and provide training as well as functional guidance for management and the business on pertinent subject matters.~crlf~##Set positive example of good business judgement and corporate behavior.~crlf~##Monitor and assess legal and regulatory issues affecting ART and CapSol and provide legal and general advice regarding designated legal and regulatory issues, with a focus on issues affecting derivatives, securities and other financial instruments, both in respect of North American and European markets. ~crlf~##Proactively propose appropriate changes to ART and CapSol business and set-up in response to regulatory developments in alignment with ART LoB Legal Team. ~crlf~##Regular exchange and collaboration with AGCS Legal and Compliance, in particular AGCS NA Legal and Compliance.~crlf~##Maintain regular dialogue with relevant AGCS Legal and Compliance Team peers and provide substantive assistance to AGCS Legal and Compliance teams. ~crlf~##Maintain network with broader legal community of AGCS Legal and Compliance (providing legal support as required, in consultation with relevant manager) and Allianz Group Counsel. ~crlf~##Ensure good knowledge transfer of relevant issues to other members of ART and CapSol/AGCS Legal Group (e.g., material developments in laws and best practices for ART and CapSol Legal Group).~crlf~~crlf~

##7+ years of relevant experience in financial services industry as in-house counsel and/or in a law firm with general experience in legal, corporate, regulatory and compliance matters and key advanced experience in relevant skillsets for transactional support;~crlf~##Advanced knowledge and understanding of handling complex financial transactions; ~crlf~##Demonstrable expertise in managing legal aspects that affect complex, multi-jurisdictional insurance and reinsurance transactions (including advanced knowledge in cross border (re-insurance regulatory matters); ~crlf~##Transactional experience in negotiating, structuring and executing complex transactions, as well as performing work-outs and managing litigation;~crlf~##Effective interaction in cross-location and cross-cultural team environment with strong client-orientation and high performance culture; ~crlf~##Ability to develop management and collaborative skills;~crlf~##Demonstrable ability to understand technical and compliance matters that require escalation or greater oversight;~crlf~##Understanding of corporate, regulatory, compliance landscape as these impact ART and CapSol, with focus on the North American and (as relevant) European jurisdictions;~crlf~##High level knowledge of, and deal experience in, the core alternative risk transfer transactions forms (primary focus on financial transactions);~crlf~##Ability to understand risk profile and handle complex financial and CapSol transactions in all legal, regulatory and compliance dimensions;~crlf~##Corporate governance expertise with primary focus on the North American jurisdictions;~crlf~##Understanding of the role of the Legal and Compliance Team as control function and participate in risk management;~crlf~##Professional with broad horizon, sound and independent judgement and strong analytical skills;~crlf~##Ability to analyze, prioritize and resolve complex issues in a multi-jurisdictional environment;~crlf~##Effective communication and negotiation skills to negotiate externally (e.g., regulators, litigation on global level) and internally (Allianz stakeholders); ~crlf~##Ability to express ideas and messages, in both written and oral form, clearly and appropriately with regard to the audience;~crlf~##Strong client-orientation;~crlf~##Ability to identifying relevant issues, taking initiative and ownership in achieving resolution, using a collaborative approach;~crlf~##Solid business acumen and understanding of finance; and~crlf~##Law degree, with a preference for bar admission.~crlf~

Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 100 million private and corporate customers and more than 147,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.~crlf~Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.~crlf~For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.~crlf~~crlf~


You have found the perfect job? It’s time to work on your application. We have some tips for you!

Ready to apply? Train your interview situation upfront through Google Assistant. The platform provides you with information about Allianz useful for your interview preparation, such as:

  • details on the application process
  • Allianz facts & figures
  • information on our corporate culture

How does it work? Let Google Assistant on your smartphone or on your Google Home device know: “Hey Google, I want to talk to Allianz Careers.”

*The Google Voice Assistant is now available in English and German. 

Register/ login to our application system and you will receive a confirmation email with your login data shortly. Fill out the application form. You can upload your data via Xing. Find more information about our password rules in our FAQ.

 Please note that the system cannot process ZIP files, protected PDF formats or attachments larger than 7 MB. You can upload your files in the following formats:

  • PDF
  • MS Office formats (Word, PowerPoint, Excel)
  • Graphics Interchange Format (.gif)
  • Joint Photographic Experts Group format (.jpeg)
  • Joint Photographic Group format (.jpeg)
  • Portable Network Graphics (.png)

Find more information in our FAQ.

 

Login to our application system and check your personal start page to see the status of your application. You can release your profile so that our recruiters can find you in the system and contact you. Find more information in our FAQ.

Could not find the right job? We can help you with that. Sign up for job alerts! You will automatically receive a personalized job alert when a job that fits your experience and interests becomes available.

When you get invited for a first interview, make sure to check our website to learn more about Allianz as an employer, our culture and values and get some insights to prepare yourself for the interview.

If you experience technical problems with our application system, check our FAQ for more information . Problem still not resolved? Please send an email with your request and a full screenshot of the error message to careers@allianz.com.
We offer an inclusive environment where everyone can be successful
Working flexibly from different locations – whatever works best for you
We recognize strong performance with attractive rewards
We help you to prepare and plan for your future
Join our truly global team and discover international career opportunities
Development programs, Underwriting & Claims Academy for your career enhancement
7 steps of the application process at Allianz.

From planes and drones to the world’s largest railway tunnel to hurricanes – when it comes to protecting businesses we’ve got the major risks fully covered.

Explore