VP, Assoc. General Counsel – Regulatory and Compliance

Full Time
Purchase, NY
Posted
Job description

Sompo International Holdings Ltd. (Sompo International) is a specialty provider of property and casualty

insurance and reinsurance, established in March 2017 as the result of the acquisition of Endurance

Specialty Holdings Ltd. by Sompo Holdings Ltd. (Sompo).

Sompo's core business encompasses one of the largest property and casualty insurance groups in the

Japanese domestic market. In addition, Sompo is engaged in the provision of insurance services as well

as other related services through its global network of businesses operating in 32 countries around the

world.

Sompo International is the international operation and a wholly owned subsidiary of Sompo, which trades

on the Tokyo Stock Exchange. Through our operating subsidiaries, Sompo International underwrites

agriculture, professional lines, property, marine and energy, and casualty and other specialty lines of

insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of

reinsurance.

As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly

from those who matter most: our people. Sompo International’s headquarters is in Bermuda and we

currently have offices in the United States, the United Kingdom, Continental Europe, and Asia. At Sompo

International, a shared commitment to integrity, teamwork, agility, execution, and excellence define our

culture, and we strive to create exceptional value for our clients and shareholders and maintain Sompo

International as a desirable place to work.

We are seeking a VP, Associate General Counsel, Regulatory and Compliance to join our Legal team in

Purchase, NY.

The VP, Associate General Counsel, Regulatory and Compliance is responsible for providing advice and

counsel on a wide range of insurance and reinsurance regulatory and compliance matters for the Group’s

US domiciled insurance companies. This position reports to the Executive Vice President & Chief Counsel,

Corporate.

POSITION RESPONSIBILITIES

Provide accurate legal guidance on all (re)insurance regulatory and compliance matters that

affect the company. 

Review and revise intercompany reinsurance agreements, ceded reinsurance agreements, MGA

agreements and other (re)insurance-related agreements. 

Conduct legal and regulatory research to help ensure compliance with applicable insurance law

and regulations. 

Monitor relevant legal and regulatory developments across applicable jurisdictions 

Maintaining knowledge of organization's operations and legal documents. 

Provide legal advice to Underwriting, Finance, Operations and Claims colleagues on regulatory

and compliance matters. 

Build relationships and work closely with internal and external parties (regulators, external

counsel, vendors) across the Sompo group of companies.


Identify proactive solutions that will address the needs of our internal business partners and

clients. 

Assist in all compliance and legal matters for Sompo's various businesses and subsidiaries,

including those located outside the United States. 

Help ensure the organization maintains ongoing regulatory compliance with applicable federal

and state laws, rules and regulations. 

Interact with the various US insurance regulators and advocate for the Group’s regulated

insurance entities.

MINIMUM REQUIREMENTS

JD degree with excellent academic credentials and admitted in NY. 

6+ years of experience in-house legal department at a US domiciled insurance company, ideally

a P&C insurer, or within a law firm’s insurance practice. 

A high-level of intellectual, professional and interpersonal agility and flexibility, combined with

strong analytical, problem-solving, written and oral communication skills. 

Professional demeanor with high degree of discretion and confidentiality. 

Excellent project management skills, well organized, with the ability to thrive in a fast paced

work environment and manage numerous projects simultaneously under deadline pressure. 

Ability to evaluate and weigh multiple inputs and impacts of any decision or course of action. 

Team oriented and able to work collaboratively and effectively with business clients and other

legal department members, as well as being a self-starter comfortable working independently.

Sompo International offers a competitive compensation and benefits package commensurate with

experience. For consideration; please e-mail your resume along with your Minimum Salary Expectations

as well as your Minimum Total Compensation Expectations to: abenincaso@sompo-intl.com

Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V

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