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Legal Counsel & Compliance Officer 50-60% (m/f/d)

Location Zurich, Switzerland Job type Part-Time Work mode Hybrid Job level Professional Job ID 12967 Company NewRe Employment type Regular Area of expertise Audit, Compliance & Legal
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New Reinsurance Company Ltd. (NewRe) is a Swiss reinsurer founded in Zurich in 1926. As a company within the Munich Re Group, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of intelligent reinsurance products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty products. Our clients highly appreciate our swift and pro-active approach when responding to their needs and market developments.

To strengthen our Legal & Compliance team, we are looking for a Legal Counsel & Compliance Officer with a solid legal background and a strong interest in compliance topics including data protection. Reporting to the Head of Legal & Compliance, the successful candidate will become part of a motivated and open-minded Legal & Compliance team that takes pride in a collaborative and flexible work mode which is based on trust and support. In this role you will work closely with all our business lines, which offers insight into the exciting world of a global reinsurer.

Your responsibilities

  • Manage existing and implement new compliance procedures and policies relating to Swiss legal/regulatory and Munich Re Group requirements
  • Assume ownership for compliance topics and provide clear and pragmatic guidance to the business
  • Support our Data Protection Expert in all matters related to privacy regulations (FADP, GDPR) and contribute to the further development of data governance
  • Ensure digital tools and AI systems meet compliance requirements to reduce legal and regulatory risk
  • Identify, assess and monitor compliance including data protection risks and manage (potential) compliance and data breaches
  • Prepare and perform compliance reviews and participate in periodic compliance risk assessments with the business owners
  • Advise and train NewRe’s staff on compliance and data protection matters incl. the development of corresponding training materials
  • Stay updated on legal and regulatory developments, identifying significant trends
  • Provide input for and support group-wide compliance initiatives and projects
  • Support the Head of Legal & Compliance in compliance reporting to management and board as well as to the Group and authorities
  • Encourage a compliance culture to prevent illegal, unethical and improper behaviour

Your profile

  • Swiss University degree in law (MLaw or BLaw), additional training in compliance and/or data protection is an advantage
  • Relevant professional experience of at least 3 years in compliance, regulatory or legal roles with practical exposure to data protection, preferably in the financial industry, ideallyin (re)insurance.
  • Sound understanding of regulatory requirements and related compliance risks in the Swiss financial sector
  • Knowledge and strong interest in Swiss data protection and privacy law, ideally also in cyber, digitalisation and AI regulation
  • Strong analytical mindset with the ability to work thoroughly, independently and result-orientated
  • Passion for compliance and for implementing and maintaining the group-wide compliance management system at local level in a small team
  • Team player with strong communication and social skills
  • Proactive and flexible personality with the ability of taking ownership and working in a dynamic matrix environment
  • Valuing and promoting an inclusive working and learning environment
  • Native in German and fluent in English

Your future benefits

Our employees are our greatest asset. We therefore offer them a wide range of benefits and a modern working model appreciating its positive impact on our business achievements and personal wellbeing:

  • Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better
  • Compensation: our commitment to equal treatment of all employee is reflected in our pay practice that has been awarded the attestation for equal pay by Willis Towers Watson (following the Swiss Federal Act on Gender Equality)
  • Work-life balance: promoting the compatibility of family and work throughout flexible hybrid working model
  • Continuous learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth
  • Health management: focus on your physical and mental health far beyond legal requirements

To learn more about us, check out www.newre.com. If you embrace challenges and want to grow with our customers and partners, we look forward to receiving your application.

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