Deputy General Counsel

The Knighthead Insurance Group (“Knighthead”) has an exciting opportunity for a talented lawyer to further complement its expanding team in the Cayman Islands. Knighthead is a leading global insurance and reinsurance company focused on retirement products. The successful candidate will be required to assist in providing on-point expert legal counsel on a broad range of insurance, reinsurance, regulatory, compliance, and corporate governance matters to enable Knighthead to continue achieving its goals. The ideal candidate will have prior experience in a similar role and the capability to confidently and independently perform such duties, services, and responsibilities on behalf of the Company consistent with such position as may reasonable be assigned from time to time.

Primary Responsibilities

• Act as strategic partner to senior management members by managing day-to-day legal and regulatory activities and raising appropriate issues for awareness and consultation as the accountable person for driving said matters to satisfactory resolution;
• Perform or oversee the provision of legal and/or regulatory related services and resources to accomplish Knighthead’s corporate goals, strategies and priorities;
• Ensure Knighthead continues to remain fully aware of all applicable laws and regulations to ensure appropriate internal control policies, procedures and programs continue to remain in place and proactively identify and provide remediation strategies for any gaps identified in an effective and timely manner;
• Assist at all stage of contract negotiations and implementation processes with related reinsurance and direct life annuity business counterparties;
• Proactively identify, collaborate, and implement legal and compliance problem solving strategies to reduce legal or regulatory related risks to Knighthead’s business operations;
• Provide legal advice and guidance to management, the Board, internal and external stakeholders, interested parties, regulatory entities and/or rating agencies, including preparation of materials and active participation in Board meetings, investor presentations, regulatory and rating agency audits and/or inspections;
• Effectively communicate and collaborate on all business needs, legal and regulatory compliance obligations with all required internal and external stakeholders on changes to laws, regulations and/or industry trends;
• Manage any non-financial external audits performed by regulatory authorities and others to achieve desired outcomes; and
• Perform specials projects and other related duties consistent with the role of Associate General Counsel of Knighthead, as needed going forward.

Qualification, Knowledge & Experience In addition to indisputable high ethical standards and autonomy, the ideal candidate shall possess the following:

• Law Degree from an accredited law school;
• Direct experience with insurance and reinsurance;
• 3-6PQE+ either in-house or as outside counsel;
• Prior knowledge and understanding of the legal and regulatory compliance and AML framework of the Cayman Islands with a proven ability to collaborate effectively in a cross-functional team environment working closely with legal, operations, actuarial, financial and investment teams as well as third party vendors and insurance counterparties to implement, oversee, and manage compliance, enterprise risk management, and anti-money laundering related functions;
• Excellent, verbal and written communication, time management and organizational skills along with the ability to plan organize and prioritize, whilst working in a constantly advancing environment; and
• Flexible and solution-oriented perspective, self-motivation and ability to work efficiently with minimal supervision.

The role offers a comprehensive and highly competitive compensation and benefits package. We thank all applicants who apply but only those candidates selected for an interview will be contacted.