Senior Legal Counsel, UK Insurance Expert
2 weeks ago
About the Role:
We are seeking a highly skilled and experienced Senior Legal Counsel to join our UK Insurance Legal team. As a Senior Legal Counsel, you will be responsible for providing legal advice and managing legal risk to underpin the delivery of our UK strategy and Bupa's purpose.
Key Responsibilities:
* Act as a business partner to key stakeholders, including the strategic partnerships, commercial sales and product teams, to achieve commercial outcomes aligned with Bupa's strategy and risk appetite.
* Provide expert legal and commercial support to the UK Insurance Business to help it achieve its strategic goals, including digital initiatives, new product launches and regulatory compliance projects.
* Work closely with the UK Risk and Compliance teams to develop and embed legal and regulatory frameworks, policies and processes.
* Provide an escalation point for complex technical queries, ensuring their effective, timely and commercially sound resolution.
* Draft and negotiate different types of (often innovative) insurance distribution agreements with brokers and other intermediaries and third-party distributors, including affinity partners.
* Advise on product design, drafting and governance, including for new business lines.
* Deal with a wide range of "business as usual" requests.
Key Skills:
* A qualified lawyer with substantial post-qualification experience and exceptional commercial awareness.
* In-depth experience of working in a regulated Financial Services environment and strong familiarity with the regulatory landscape of insurance and insurance distribution and the FCA Handbook.
* Ability to build credibility with business function stakeholders, influence outcomes and provide practical and pragmatic alternative solutions.
* Strong drafting and negotiating skills with a high attention to detail and bring critical thinking and excellent analytical skills to legal problems.
* Committed to excellence. Proven track record of demonstrating proactive ownership of legal risk management, causing continuous improvement and adding value with the ability to manage complex, strategically important, high value and contentious negotiations.
* Good judgment and discretion and handle sensitive matters appropriately.
What We Offer:
* 25 days holiday, increasing through length of service, with option to buy or sell
* Bupa health insurance as a benefit in kind
* An enhanced pension plan and life insurance
* Annual performance-based bonus
* Onsite gyms or local discounts where no onsite gym available
* Various other benefits and online discounts
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