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Insurance Law Specialist
1 month ago
**Company Overview:**
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance solutions to mid-sized companies, multinationals, and individuals.
**Salary:** $120,000 - $180,000 per annum (dependent on experience)
**Job Description:**
We are seeking an experienced Insurance Law Specialist specialising in insurance law to join our team in Australia. The ideal candidate will have a strong background in insurance law and regulations, with a thorough understanding of the legal landscape in the Australian insurance industry.
The successful candidate will be responsible for:
- Providing expert legal advice and support to our underwriting business partners on a wide range of insurance-related legal issues including insurance policy wordings, reinsurance agreements, contract construction, and risk assessment.
- Collaborating with cross-functional business partners, including senior management, HR, claims, compliance, finance and risk teams, to provide legal guidance and support on strategic initiatives and business operations.
- Staying informed with changes in insurance legislation and regulations in Australia, ensuring that our business partners are fully informed of the changes, and supported in any changes that are required to be made.
- Managing and coordinating external legal counsel when necessary, and overseeing legal proceedings and litigation related to insurance matters involving the company.
- Conducting legal research and analysis to support decision-making and providing timely and accurate advice to the company on insurance-related matters.
- Supporting projects run by our Global Legal team at a local level.
You will report directly to our General Counsel, Australia.
**Required Skills and Qualifications:**
- A qualified lawyer admitted to practice in Australia with a minimum of 4 years' post-qualification experience, ideally within an insurance company, insurance agency or brokerage.
- Proven experience in insurance law, with a strong understanding of insurance contracts, policy wording, claims handling, and regulatory compliance specific to the Australian insurance industry.
- Excellent communication (written and oral) and interpersonal skills, with the ability to effectively collaborate with internal and external stakeholders.
- Strong analytical and problem-solving abilities, with a strong attention to detail and the ability to work independently.
- An ability to thrive in a fast-paced and dynamic environment, with a proactive and solution-oriented approach to legal challenges in the insurance sector.
- An intellectual curiosity, with an ability to consider and approach challenges from all angles and with a diverse and open-minded approach.
**Benefits:**
We offer a competitive salary, excellent benefits package, and opportunities for career growth and development.
