Senior Legal Counsel

We are looking for a Senior Legal Counsel with corporate and governance experience.

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

The Senior Legal Counsel has responsibility to:

• Manage the governance framework of SCOR's companies and branches in APAC to ensure effective and efficient compliance, e.g. Board & Committee meetings, related documentation, including fulfilling the role of corporate secretary, as necessary.
• Draft, negotiate, review, organize and oversee management of intragroup and 3rd-Party (non-reinsurance related) agreements to which the APAC companies and branches are a party to as well as outsourcing requirements.
• Monitor regulatory developments and proactively propose and implement solutions (in coordination with relevant stakeholders) to address existing and new legal requirements (including responsibility for maintaining the Control Calendar).
• Own certain compliance processes, including: Licensing, Outsourcing, Control Calendar and Fit & Proper requirements.

Key duties and responsibilities

• Regulatory:
  • Monitor regulatory updates and developments and update the control calendar as appropriate to ensure timely filing of required submissions.
  • Ensure accurate and timely filing of regulatory submissions by preparing and facilitating required documentation in coordination with relevant stakeholders.
  • Perform gap analyses, produce checklists and develop controls to evidence compliance with relevant regulations/requirements.
  • Maintain regulatory inspections (focus on MAS), ensuring supervision and applicable follow-up of the resolution of the findings.
• Corporate Governance:
  • Oversight of and maintenance of the governance framework, including preparation/review of relevant local/group policies and other related required filings (e.g., Annual Corporate Disclosure, MAS 124, IAC Manual, Annual Reports and Filings, AGM, etc.).
  • Oversight of Board, Audit & Risk Committee and Branch Committee processes including drafting yearly schedule and agendas etc. and production of relevant Board/committee materials.
  • Production of minutes & oversight to governance process or review as the case may be.
  • Act as Corporate Secretary (as needed) and liaise with Company Secretaries in relation to any Companies/Director requirements.
  • Delivery of induction and ongoing Director training (induction/director's induction/annual refresher training etc.).
  • Provide assurance to Senior Management and Directors on required/compliant implementation.
• Compliance:
  • Oversee certain compliance processes, including: Licensing, Outsourcing, Control Calendar and Fit & Proper requirements.
  • Support on other compliance objectives, as necessary.
• Corporate Advisory (non-insurance related):
  • Provide legal coverage and support to the corporate divisions (Finance, Treasury, Tax, HR, IT, General Services).
  • Documentation review and support implementation of intragroup agreements.
  • Supervise maintenance of the corporate and contract database (e.g., Galexy or its successor).
  • Provide ad hoc support on regional projects, as required.

As appropriate, the above objectives shall be done with the assistance of and in coordination with local Paralegal.

Experience & Competencies:

• Law Degree with corporate and governance experience.
• Meaningful experience interacting with regulatory authorities is an advantage.
• Proven ability to be a proactive problem solver.
• Very strong relevant technical and analytical competences.
• Excellent interpersonal skills.
• Delivery focused with passion for quality.
• Strong analytical competence.
• Excellent presentation and influence skills.
• Flexibility and openness to change.