Legal Claims Advisor
1 month ago
Legal Counsel Insurance - Hybrid
Role: Permanent
Salary: Competitive + Benefits + Bonus
WFH: Hybrid working model
This is an exciting opportunity for a practically minded and commercially focused mid-senior level solicitor to take on a dynamic role within a fast-moving and well-respected in house Legal team within a leading UK insurance firm.
You will work within the Commercial Team which is led by the Deputy General Counsel.
Working closely with the 2x Counterparty Contracts Teams (dealing with Insurance Broking and MGA respectively) to review, update and overhaul their suite of contracts and drafting practices for TOBAs, DUAs, ARs and Introducer Agreements.
Ongoing training and development of the Counterparty Contracts Teams.
Developing and maintaining key standard documentation, including playbooks, policies and precedents for the Counterparty Contracts Teams, as well as various Conduct Teams within the business who hold and issue commercial insurance agreements directly.
Drafting, negotiating and amending a wide and varied range of commercial insurance agreements, including those listed above. Advising on insurance regulatory issues, including Consumer Duty, ICOBS etc.
Working with the Deputy General Counsel and 3 Commercial Legal Counsel to provide general legal guidance, assistance and advice to the business on a day-to-day basis on wider commercial matters from time to time, including services agreements, data protection and use of data within commercial agreements.
Supporting the business in following the right legal contracting compliance procedures, to ensure effective contracting, procurement and negotiation.
Mid-level to senior solicitor qualified in England and Wales or an equivalent foreign jurisdiction, with deep knowledge of insurance regulation and market practices in the UK. -
Experience of reviewing and negotiating a broad range of commercial insurance agreements
Knowledge of GDPR and data handling requirements.
This is a hybrid working role with potential for a 4 day reduced hours working week
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