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<b>Assistant General Counsel</b>
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NYC, Exton, PA, Hartford, CT, Stamford, CT
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This role is within AXA XL’s Legal Team and is to support our international global programme and captive programme business alongside supporting the US Business Unit in respect of insurance segment reinsurance. As part of a Legal Team supporting large international underwriting groups, you will be responsible for advising upon insurance and reinsurance law and related regulatory issues.
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You will work closely with our underwriters and underwriting support teams, including members of the Global Programmes Centre of Excellence, dealing with a wide range of issues arising from AXA XL’s global programme and captive programme business. In this respect, you will advise underwriters on policy wordings, programme clauses (such as DIC/DIL and Financial Interest Clauses), facultative reinsurance, captive reinsurance, reinsurance security and licensing issues.
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The role will also support other areas of legal work relating to all lines of business underwritten by AXA XL including International Property, Casualty, Professional Lines as well as supporting the business in specific projects. You will also advise upon regulatory requirements and issues arising in the United States but may also be required to advise upon issues in other jurisdictions
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<b> DISCOVER your opportunity</b>
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What will your essential responsibilities include?
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<li> Support global programme and captive programme underwriting throughout AXA XL</li>
<li> Advise upon regular licensing and regulatory queries, develop complex programme structuring and reinsurance solutions </li>
<li> Advise upon security governed by US law and regulations</li>
<li> Offer ad hoc legal support and analysis where needed</li>
<li> Advise underwriters in the United States on policy terms, legal risks and business terms of various deals</li>
<li> Independently manage various projects and deadlines</li>
<li> Provide training to the company and its affiliates on substantive legal and regulatory topics</li>
<li> Keep abreast of regulatory developments and industry initiatives and advise internal stakeholders accordingly</li>
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<b><br> SHARE your talent</b>
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We’re looking for someone who has these abilities and skills:
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<b> Required Skills and Abilities:</b>
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<li> US Qualified lawyer with a minimum of 6+ PQE</li>
<li> Excellent academics and high-quality private practice legal training</li>
<li> Experience at leading law firm</li>
<li> Broad knowledge of insurance contract law and regulations, including US security</li>
<li> Excellent legal drafting skills, specifically skills in drafting and negotiating commercial insurance and reinsurance agreements as well as knowledge of US reinsurance security instruments</li>
<li> Ability to exercise sound judgement and provide good, robust and commercial legal advice</li>
<li> Excellent communication, presentation and influencing skills</li>
<li> Ability to work independently without supervision as well as part of a team</li>
<li> Understanding of insurance regulatory environment</li>
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<b><br> FIND your future</b>
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AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
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<br> How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
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<br> With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
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<br> Learn more at axaxl.com
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<b><br> Inclusion & Diversity</b>
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AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
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At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential.
<i>It’s about helping one another — and our business — to move forward and succeed.</i>
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<li> Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe </li>
<li>Robust support for Flexible Working Arrangements </li>
<li>Enhanced family friendly leave benefits </li>
<li>Named to the Diversity Best Practices Index </li>
<li>Signatory to the UK Women in Finance Charter</li>
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<br> Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
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<b><br> Sustainability</b>
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At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience,” focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
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Our Pillars:
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<li><b> Valuing nature: </b>How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.</li>
<li><b> Addressing climate change: </b>The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.</li>
<li><b> Integrating ESG: </b>All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.</li>
<li><b> AXA Hearts in Action</b>: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.</li>
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For more information, please see Sustainability at AXA XL.
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<br> The U.S. pay range for this position is $92,500 – $182,000. Actual pay will be determined based upon the individual’s skills, experience, and location. We strive for market alignment and internal equity with our colleagues’ pay.
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<br> At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We
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<b> </b>believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about
<b> </b>AXA XL’s benefits offering
<b>s</b>, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).
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