Foyer Global Health is the international health insurance brand of Foyer Group, Luxembourg’s leading insurance company. We provide first-class health coverage to globally mobile individuals and are part of a growing, innovative environment with a strong international focus.
Goal
This position reports directly to both the CEO (dotted) and CFO of Foyer Global Health and holds full accountability for the Legal and Compliance functions. You will lead a team of three professionals and play a key role in shaping the company’s legal and ethical framework.
Responsibilities
Strategic & Advisory
• Act as a close and trusted advisor to the CEO & CFO in corporate governance matters.
• Provide high quality advice to the executive committee within your area of responsibility and structure remedies for the relevant topics.
• Help remove obstacles and foster business objectives in a proactive manner.
• Ensure that the company maintains the highest standards of legal and ethical behaviour, by balancing the dual imperatives of company performance and corporate integrity.
Compliance Oversight
• Key compliance position.
• Oversee the compliance function and keep the team up to date with new regulations.
• Ensure effective implementation of legal & compliance related official regulations (Insurance Distribution Directive, General Data Protection Regulation…).
• Ensure an effective and sustainable working framework for the team in its own activities and in its interactions with the rest of the company.
International Legal & Regulatory
• Proactively advise on global surveillance and guidance requirements that impact on the company’s core business activities.
• Conduct legal research on international compliance matters (e.g. non-admitted business, licensing requirements, regulatory issues) and deal with international authorities in that respect.
Contractual & Operational Support
• Support the various departments from a legal and compliance perspective.
• Support the Sales, Operations and Partnership Departments by preparing and negotiating contractual set-ups such as cooperation agreements, reinsurance agreements, service agreements, client claims review etc.
• Support the product development process by reviewing insurance contracts, general terms and conditions, and other related documents.
Profile
* University degree in law (equivalent to Master 2, LLM)
* 7 to 10 years’ experience as a lawyer or compliance officer and proven experience at heading a legal and compliance team in an international environment
* A deep knowledge of the insurance sector is considered a must
* Excellent knowledge of Luxembourg legal and regulatory environment
* Sound knowledge of international legal systems and contract management
* Experience of working in a matrix structure as part of an international group
* Excellent analytical, drafting and negotiation skills
* Strong team playing skills and the ability to present results in a comprehensible way
* Indisputable level of integrity and trustworthiness
* Highly motivated, dynamic and resilient and enjoy working in a multicultural environment
* Flawless spoken and written English are required for this position
* German and French are considered strong assets.
What we offer:
* A multicultural, learning and innovative work environment,
* Flexible working hours,
* The benefits of a large group with the flexibility of an SME.
* The possibility of homeworking
* A company restaurant at preferential rates,
* A gym with a trainer,
* Hospitalization and group insurance
* Concierge service
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