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Senior Legal Counsel

2 months ago

London, Greater London, United Kingdom Career Legal Full time
About the Role

Career Legal is seeking an experienced Senior Legal Counsel to join our team. As a Senior Legal Counsel, you will play a pivotal role in advising our clients on a variety of legal matters, including strategic projects, distribution contracts, underwriting, wordings, reinsurance, service contracts, as well as regulatory and compliance support.

Key Responsibilities
  • Insurance Law Expertise:
    • Advise on and coordinate the provision of advice on insurance law issues, including wordings, delegation, and distribution contracts.
  • Commercial and Corporate Contracts:
    • Provide expertise on commercial and corporate contract issues, focusing on optimizing approaches to intra-group agreements and third-party service contracts.
  • Regulatory and Compliance Support:
    • Collaborate with the Compliance team on regulatory and sanctions matters to ensure compliance across all operations.
  • Group Guidelines Implementation:
    • Work with the corporate underwriting team and other lawyers to ensure all relevant group guidelines are understood and implemented across the organization.
    • Maintain wordings and processes in line with group-wide policies.
  • Process Improvement Strategy:
    • Develop strategies to enhance processes aimed at achieving consistency and streamlining the provision of legal advice.
  • Training and Knowledge Sharing:
    • Provide training, develop template contracts, and share relevant knowledge across the business to ensure legal best practices are followed.
  • Legal Risk Management:
    • Identify significant legal exposures, provide legal updates to the business, and manage external counsel instructions where appropriate.
  • Conduct and Customer Outcomes:
    • Promote good conduct within the business to ensure the best outcomes for customers and policyholders.
Requirements
  • Qualifications:
    • Qualified Lawyer with significant post-qualification experience in private practice (insurance) and in-house roles.
  • Specialisation:
    • Strong background and specialisation in insurance law with a deep understanding of the insurance industry.
  • Legislative and Regulatory Knowledge:
    • Comprehensive understanding of the legislative, regulatory, and competitive environment, including consumer products.
  • Leadership Skills:
    • Good motivational and management skills to lead and inspire teams.
  • Educational Background:
    • University Degree and/or relevant professional qualification.