Legal Counsel

2 weeks ago

London, Greater London, United Kingdom Lloyd's of London Full time

Lloyd's of London is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver future.

Please review the following details carefully before making any applications.

We inspire courage, so tomorrow's progress isn't limited by today's risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a more sustainable, resilient and inclusive future, you'll find a home at Lloyd's.

The Role

This role supports the Lloyd's General Counsel and provides legal and regulatory advice and support to the Lloyd's senior management, committees, internal departments within Lloyd's, subsidiaries, and overseas offices, including market oversight.

Principal Accountabilities

  • Responsible for matters referred below with designated Heads of Commercial and Corporate Teams:
  • Provide expert and strategic legal advice on a wide range of legal matters related to strategic initiatives and transactional and regulatory matters. Identify high-risk issues and propose solutions. Advise on and influence strategic decision-making where appropriate.
  • Provide accurate, pragmatic and timely risk-based legal advice on legal issues in relation to Lloyd's membership, finance, regulatory and compliance matters (UK and international).
  • Assist with drafting, negotiating, reviewing and advising on commercial agreements, including services agreements, consultancy contracts, engagement letters, terms and conditions, software licenses, maintenance agreements, data transfer agreements, outsourcing agreements and non-disclosure agreements.
  • Identify, monitor and assess legal risks associated with Lloyd's operations and provide proactive and innovative solutions to mitigate those risks.
  • Draft with precision and exercise good judgment in negotiation of contracts and giving advice.
  • Use knowledge and pragmatism to identify when to involve other business areas.
  • Be open to change and adapt to it. Be willing to challenge and seek out new opportunities.
  • Effectively manage and communicate with clients/stakeholders on individual workstreams and projects. Communicate complex legal or business information in a simple way.
  • Effectively plan and prioritize workloads.
  • Communicate progress of ongoing matters at regular intervals to clients and respective Heads, as necessary.
  • Instruct and manage outside firms of solicitors and external advisers where required.

Skill Requirements

  • Commercial awareness and ability to provide clear advice to meet business objectives.
  • Negotiation Skills
  • Effective Stakeholder Management and Collaborative Skills
  • Legal Research Skills
  • Analytical ability
  • Strategic thinking and analysis
  • Drafting skills
  • Ability to communicate effectively at all levels
  • Team-player but ability to manage own workload
  • Flexible approach
  • Articulate, honest and authoritative in finding the right style and words to influence others.
  • Prepared to be bearer of unwelcome news with clarity and to seek solutions.
  • Ability to create and deliver clear and concise written or verbal reports.

Knowledge Requirements

  • Good understanding of relevant legal aspects (insurance law, trust law, contract law, competition law, agency law, banking and finance law, regulatory law, Lloyd's byelaws and requirements).

Experience Requirements

  • Experience of providing risk-based legal advice on commercial, corporate and regulatory matters.
  • Experience of working with stakeholders.
  • Experience of managing cross-directorate and multi-stakeholder matters and projects.

Competitive Salary Package (£75,000 - £100,000)

Benefits

We aim to build a diverse and inclusive environment that reflects the global markets we serve. One where everyone is treated with dignity and respect. This means offering flexible working arrangements, wellbeing programs, diversity and inclusion training, employee networks, mentoring and volunteering opportunities, professional development investment, generous pension, healthcare, wellbeing benefits, financial support for training, education & development, benefit allowance, employee recognition scheme and various employee discount schemes.

You will be part of a team that brings together the best minds in the industry, creating innovative solutions to share risk and solve complex problems.

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