Legal Counsel, MGA - Hybrid
About The Position
Are you a commercially minded lawyer who enjoys operating close to the business? We are looking for a Legal Counsel to join our Corporate Solutions Legal North America team, with a primary focus on Managing General Agent (MGA) and other distribution arrangements, as well as on sourcing / vendor agreements, including IT and technology-enabled services. In this role, you will work with various key stakeholders, including Underwriting, Distribution, Procurement, and Operations, to help the business move fast, stay compliant, and manage risk intelligently. You’ll be part of a collaborative, high-performing legal team that values pragmatism, sound judgement, and strong relationships. A smaller portion of the role may involve supporting U.S. domestic Surety business, but the core of your mandate will sit firmly with MGA oversight and commercial contracting.
Requirements
- Admission to the bar in at least one U.S. state
- At 7+ years of legal experience, gained in a top-tier law firm and/or financial services or insurance environment.
- Strong experience drafting and advising on MGA arrangements, distribution models, and delegated authority frameworks.
- Understanding of U.S. insurance regulatory concepts; experience with Surety is a plus.
- Demonstrated experience in drafting and negotiating vendors, outsourcing and IT agreements.
- Ability to analyze complex issues, exercise sound judgement in ambiguous situations, and clearly explain risks to senior stakeholders.
- Excellent communication and relationship-building skills, with a collaborative and solutions-oriented mindset.
- High personal integrity and comfort operating independently while aligned with Group standards.
Responsibilities
- Draft, review and negotiate MGA agreements for various lines of business
- Advise on the structuring, negotiation, and ongoing supervision of MGAs and other delegated authority arrangements.
- Support the business in managing MGA lifecycle activities, including onboarding, regulatory compliance, audits, amendments, and enforcement of contractual terms.
- Partner closely with Underwriting, Compliance, Risk, and Operations to ensure MGA models align with regulatory expectations and Swiss Re governance standards.
- Provide legal advice on U.S. insurance regulatory matters impacting Swiss Re's distribution channels, incl. MGA structures.
- Assist the business with regulatory advice, including ensuring regulatorily compliant contractual agreements across the lines of business (with a potential focus of Surety)
- Contribute to interdisciplinary projects with Finance, Tax, Compliance, Risk, IT, Operations, and Underwriting.
- Apply Group legal policies, controls, and governance standards in a pragmatic, business-enabling manner.
- Draft, review and negotiate sourcing, vendor, outsourcing, and IT-related agreements.
- Support Procurement and business stakeholders in assessing legal, regulatory, data protection, and operational risks associated with third-party vendors.
Benefits
- A highly collaborative, international working environment
- Exposure to complex MGA and commercial contracting models
- Flexibility and a hybrid working approach
- The opportunity to shape how legal support is delivered in a modern insurance business
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
