Corporate Counsel, Australasia Sydney, Australia

Job Description

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character. We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world? Berkshire Hathaway Specialty Insurance (BHSI) is a general insurer with an exciting opportunity for an Australian-qualified lawyer with insurance industry experience to join our Legal, Risk, Compliance & Governance team based in Sydney, Australia. The role will be principally focused on insurance policy wordings, bespoke and client-specific endorsements, product development and review, for a variety of product lines – wholesale and retail. The role will also involve regulatory requirements, commercial legal work, business initiatives, insurance law advice, and legal compliance for our growing business in both Australia and New Zealand. The successful candidate is someone looking to be challenged, to use and develop their knowledge and skills in policy drafting and to be part of a collaborative team passionate about insurance and customer outcomes. Duties & Responsibilities: Development and review of insurance policy wordings for our wide variety of commercial insurance areas, including property, marine, financial lines, liability, accident & health, healthcare and others; together with select retail lines. Provide a wide variety of insurance advice, as well as corporate and commercial advice. Commercial contract review and negotiation, including intermediary and framework agreements. Support the Legal, Risk & Compliance team in advice, planning for and implementation of new regulatory developments, principally financial services and conduct-type compliance. Working with Risk & Compliance Manager in preparing the business for implementation of legal changes. Involvement in economic and trade sanctions checking and clearance for a diversity of insureds. Working directly with subject matter experts in many insurance fields, aiding them with an array of compliance and related issues and advice. Diversity of legal compliance matters. As needed, legal and compliance training delivery for various business units and teammates. Qualifications, Skills and Experience: Insurance policy wordings drafting experience. 5-7 years’ experience in private or in-house legal practice. Experience in variety of commercial insurance products. Retail wording/product drafting as well as commercial lines would be ideal. AFSL advice experience highly regarded. Understanding of insurance laws and current regulatory environment, particularly in relation to APRA and ASIC in Australia, and RBNZ and FMA in New Zealand. Excellent written and verbal communication skills. Motivated, adaptable, collaborative, passionate about insurance. Must be a team player. BHSI Offers: A competitive package and exciting growth opportunities for career-oriented teammates. A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders. A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework. NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization. #J-18808-Ljbffr