Legal Counsel - Insurance

09 May 2017
07 Jun 2017
Contract Type
Full Time

Job Description:

Opportunity for a Legal Counsel to join a small yet professional legal team and provide support to the business on a wide range of matters covering legal and regulatory compliance.

The Client:

Professional services firm providing support to the insurance industry.

This Client does not provide sponsorship.

The role-

• To assist and support the business with all legal matters across the global business

• To provide a wide range of advice on the activities the business are involved with, especially in relation to drafting and vetting of documents, contract and other legal agreements

• To monitor legal developments and to provide updates to the business units and their clients

• The draft or review contracts in an effective manner

• To draft, review and negotiate strategic business agreements and transactions effectively and efficiently

• To act as the Compliance Officer for business, working in conjunction with the Director of Compliance and Risk including inter-acting with Regulators, where necessary, having responsibility for ensuring appropriate policies, procedures and training for the adjusting division generally are in place

• To provide ad hoc compliance and legal support and advice to the company generally

• To assist and support the Group Legal function with legal, regulatory, compliance and other due diligence work

• To assist with new business activities, acquisitions and disposals by the company generally but particularly in relation to the business

Skill set-

The ideal candidate will be a qualified solicitor. You will have previous experience of working within the wholesale insurance/reinsurance market, ideally in a Lloyd’s or London Market insurer. In addition you should have substantial experience in compliance matters with considerable knowledge of international regulatory best practice requirements and the application of same in an insurance/reinsurance context.

Other key requirements-

• Detailed, technical knowledge of Insurance regulations

• A good knowledge of FCA and PRA regulations

• Highly proficient at interpreting laws and regulation

• An effective and confident communicator of complex messages (written and verbal) to both internal and external audiences

• Strong communication and analytical skills

• Ability to handle multiple projects simultaneously, deal with conflicting agendas and meet deadlines