Role DescriptionJoin the Commercial Lines Legal team at Allianz as a Legal Counsel, where you will play a key role in managing legal risk and providing commercially focused legal advice to support the business. This is an excellent opportunity to work on complex insurance distribution, regulatory and commercial matters while building strong relationships across Allianz UK and contributing to strategic business objectives.This role will ideally be based in our London office however we are willing to consider other locations for suitable candidates. This is a hybrid working role with the expectation that you attend your home office 2 days per week, however, please note that you will also be required to occasionally attend the London office.Salary is only one part of our total reward package.About YouProvide legal and regulatory advice to support Allianz UK and its Commercial Lines business.Identify, manage and report legal and regulatory risks in a timely and effective manner.Draft, review and negotiate a wide range of commercial and insurance distribution agreements.Support broker distribution arrangements, remuneration agreements and strategic commercial partnerships.Advise on regulatory requirements including FCA and PRA rules and wider financial services legislation.Work collaboratively with colleagues across Legal & Corporate Governance and other assurance functions.Represent the Legal team on management forums, projects and business initiatives.Instruct and manage external legal advisers where appropriate, ensuring high quality and cost-effective advice.Contribute to the development of legal awareness across the business by providing guidance, training and practical risk mitigation solutions.Ensure legal agreements, advice and supporting documentation are accurate, clear and enforceable.Maintain up-to-date legal, regulatory and commercial knowledge relevant to Allianz's business activities.Strong knowledge of financial services legislation and regulation, particularly within insurance and reinsurance.Strong understanding of emerging legal and regulatory developments impacting the insurance sector.Experience drafting, reviewing and negotiating complex commercial contracts and legal agreements.Knowledge of FCA and PRA regulatory frameworks, including Consumer Duty, ICOBS, PROD, CASS, SUP and SYSC requirements.Knowledge of data protection, competition law, intellectual property, confidentiality and agency law principles.Excellent stakeholder management, communication and relationship-building skills.Strong negotiation and influencing skills with the ability to balance legal risk and commercial objectives.Ability to manage a varied workload spanning operational and strategic legal matters.Experience managing external legal advisers and associated legal spend.Commercially minded with the ability to provide pragmatic, business-focused legal advice.Desirable SkillsExperience working within an in-house legal team in financial services or insurance.Experience supporting strategic business transformation and change programmes.Experience presenting legal advice to senior stakeholders, committees and governance forums.Responsible Artificial Intelligence usage and awareness of legal considerations relating to AI technologies.What We Will Offer YouRecognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:• Flexible buy/sell holiday options• Hybrid working• Annual performance related bonus• Contributory pension scheme• Development days• A discount up to 50% on a range of insurance products including car, home and pet• Retail discounts• Volunteering daysOur Ways of WorkingDo you need flexibility with the hours you work? Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.Inclusive Support & AccessibilityAt Allianz, we are committed to fostering building an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that’s assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. If you have a disability or long term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme.Legal & ComplianceEmployment type:
Locations
Juridisch Adviseur Arbeidsrecht in Guildford, Surrey employer: Allianz
At Munich Re Specialty – Global Markets, we pride ourselves on being an exceptional employer that fosters a culture of support, innovation, and inclusivity. Our commitment to employee growth is reflected in our comprehensive benefits package, including generous annual leave, a non-contributory pension, and opportunities for professional development. Located in a vibrant community, we not only focus on individual success but also encourage our team to engage in local initiatives, making a meaningful impact both within and outside the workplace.
