Contracts Lawyer

What we do

This role involves working on complex regulatory environment and assist the Legal Manager Corporate and Regulatory and the entire legal team on specific topics such as rewiewing New business projects and reinsurance agreements on a worldwide scale and seeking out creative ways to support the companies, participate actively in the delivery and ongoing support of New Business projects (i.e new market entries, product launches etc...) from a Legal perspective - both in terms of legal research, contract negotiation and drafting, assist on all non insurance contracts and business arrangements (HR, marketing,sponsorship agreements, leases, licenses, conveyance type agreements), centralize within the team the legal monitoring of all corporate insurance covers.                                   

What you will do

"(i) Draft and review of contracts and agreements linked to corporate Projects

•    Liaise with partner companies to negotiate and finalise agreements;
•    Representing Legal at cross-company project meetings for new business arrangements;
•    Completion of research of insurance supervisory and health insurance laws of the jurisdictions in which AWP Health & Life sells;
•    Research of legal requirements for sales arrangements and new products in other jurisdictions;
•    Provide legal support to new product development and  new market entry projects as well as determining the legal impacts of such projects;
•    Review of marketing material and policy documents;
•    Product development advice (legal and regulatory);
•    Regulatory advice and research regarding AWP Health & Life sales practices globally;
•    Manage applications for new and renewals of licenses (reinsurance licenses) required by AWP Health & Life;
•    Managing relationships with external counsel and taking responsibility for external legal budget.
    
(ii) Review of all service contracts and non insurance/broker contracts as well as any contracts relevant to a new market entry or project in a timely manner and drafting of contracts as required. 

Drafting of non-standard contracts upon request while ensuring the correct legal clauses are in any such agreements in order to ensure we are fully compliant;

•Provide assistance to other team members in reviewing various contracts;

•Review contracts referred to Legal in a timely manner;

•Update standard contract templates as and when required such as for change of applicable law, dispute resolution, compliance with Reinsurance Policy etc;
•Ensure high attention to detail;
•Obtain internal sign-offs where required/ensure internal sign-offs obtained are saved in the relevant contract sub-folder;
•Ensure AZ Group required clauses are included in the agreements as required;
•Allianz ""Four Eye"" principle - adhere to peer review process for new templates/one off non standard agreements and for all other non standard agreements that are drafted where time permits;
•Become familiar with AzP standard template agreements and updated Reinsurance Policy and create and update new templates as required;
•Review and drafting of other agreements as required;
•Raise any key issues and escalate any risk areas with the Head of Legal in a timely manner to ensure appropriate business sign offs are obtained;
                                                                                     
What you need 

• Qualified lawyer with minimum 3-4years 
• Legal experience in another EU Member State desirable
• Experience in an in-house legal role required.  Experience in a similar industry (insurance /reinsurance) desirable
• Knowledge and experience  to provide simple, easily digestible legal advice on complex matter           
• Exposure to cross border regulatory environment

   
47930 | Legal & Compliance | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 
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.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.