Would you like to join one of the largest reinsurance groups in the world? Are you interested in topics like capital markets and insurance-linked securities (ILS)? Then we might have the right opportunity for you!

In Your Role You Will

Provide legal advice and transactional support in relation to the capital markets activities of the ILS business team within the Alternative Capital Partners (ACP) division of Swiss Re, with a focus on the Americas region. These activities include the provision of structuring and placement services to clients looking to utilize capital markets to transfer risk in the form of catastrophe bonds and ILS products. Legal support will focus on drafting, negotiation and execution of specific ILS transactions, as well as advice regarding placement of ILS transactions and investment funds.
Additionally, the role may be called upon to provide back-up support to colleagues providing legal support to financial markets activities across a range of asset classes, including derivatives, direct lending, real estate, private equity, fixed income and publicly traded securities.
Analyze and advise on legal and regulatory risks as they apply to the ACP business activities, with a focus on New York and U.S. capital markets and broker-dealer law and regulation
Assist with corporate governance and advise the board of directors of Swiss Re's U.S. broker/dealer subsidiary, Swiss Re Capital Markets Corporation (SRCMC)
Facilitate coordination and escalation of legal and regulatory issues among the SRCMC legal entity, the ACP business team, CCGF Legal, including in particular Lead ACP Legal, the wider legal & compliance division, risk management and other colleagues across Swiss Re's office hubs around the world
Monitor legal and regulatory trends affecting capital markets and broker-dealers, advising collaboratively with Compliance colleagues in relation to preparation of regulatory reports, responses to inquiries and other regulatory matters
Foster and maintain positive working relationships with clients, colleagues and outside law firms
Provide legal support for new product development in the ILS and alternative risk transfer areas
Conduct and/or arrange internal presentations and trainings on legal topics and support internal group initiatives

About The Team

This is an exciting opportunity to join a global team that provides legal support to Swiss Re's Alternative Capital Partners (ACP) division. Swiss Re has been a leader in Insurance-Linked Securities (ILS) since the market's inception in 1997, committed to the development of a market for liquid, transparent and tradable insurance-linked risk products, and leveraging our reinsurance and capital markets experience. ACP combines the resources and capabilities of the Swiss Re Capital Markets ILS team, our retrocession team, and our investment management teams into a unified center of expertise that seamlessly offers our partners and Swiss Re itself, comprehensive alternative capital solutions tailored to their unique objectives.

Through its broker/dealer subsidiaries, the Swiss Re Capital Markets ILS team provides structuring and placement services to clients looking to utilize the capital markets to transfer their risk in the form of catastrophe bonds and related products. Our clients, including (re)insurers, governments, corporations, and Swiss Re itself are provided with expertise in both the property & casualty and life & health risk markets, as well as emerging risk pools such as cyber. We work with investors who are interested in participating directly in the cat bond market, as well as providing secondary market trading, weekly and monthly indicative pricing and performance indices as part of our commitment to the market.

About You

You bring excellent drafting, negotiation, influencing and legal project management skills and are adept at prioritizing and multi-tasking, enabling you to to handle multiple requests and deadlines. You openly share assumptions, beliefs, values and thought process in reaching conclusions and are receptive to constructive challenge, willing to learn, self-reflective, and collaborative.

Requirements

A law degree and New York qualifications, with a minimum of four years' experience, in capital markets and/or related transactions or regulation, with a law firm or international financial institution
Experience and understanding of U.S. securities law and regulation in cross-border scenarios; and ideally an understanding of re/insurance business. Experience in derivatives and/or asset management is a plus.
Demonstrable expertise in managing legal aspects that affect complex, multi-jurisdictional transactions, including transactional experience in negotiating, structuring and executing complex transactions
Understanding of corporate, regulatory, and compliance landscape and their impact on ACP, with a focus on the North American jurisdictions
Understanding of the role of the legal & compliance team as control and challenge function and participation in risk management
Willingness and ability to identify and report legal risks, provide professional advice, expertise and guidance, and apply sound judgement beyond the dimensions of laws and regulations
Corporate governance experience is a plus

Interpersonal Skills Must Include

Ability to identify relevant issues, taking initiative in achieving resolution, using a collaborative approach, and understanding of technical and compliance matters that require escalation or greater oversight
Ability to understand and operate successfully in a complex matrixed corporate environment
You are a trusted business partner, who manages relationships and communicates legal concepts clearly and succinctly
You take accountability for progress and/or outcomes, apply a measured appetite for risk, and plan ahead to deliver workable solutions

For New York City the estimated base salary range for this position is $144,000 to $228,000. The specific salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

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