At a Glance
- Tasks: Provide legal advice, review contracts, and support strategic projects across multiple regions.
- Company: Join a collaborative and innovative insurance company that empowers progress.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Be a trusted advisor and make a real impact in the insurance industry.
- Qualifications: Qualified solicitor with 2-5 years of experience in insurance law.
- Other info: Dynamic role with a focus on AI and process improvement.
The predicted salary is between 36000 - 60000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„ .
Role Summary and Purpose
We are seeking a detail-oriented, pragmatic and collaborative Legal Counsel to serve as a trusted legal advisor to Arch Insurance International. This role covers our operations across the UK, Europe (including France, Spain, the Netherlands, and Italy), Bermuda, and Australia. The role is broad and dynamic, evolving with the needs of the business, and includes:
- Reviewing and negotiating a wide range of corporate, insurance and commercial contracts
- Providing legal advice and support on strategic transactions and projects
- Assisting with coverage issues, drafting avoidances, litigation and disputes
The ideal candidate will have a strong insurance background (non-contentious or contentious) with a good understanding of the insurance market and Lloyd’s. We are looking for an individual with a keen interest in the utilisation of AI to streamline the provision of legal services.
Key Tasks and Responsibilities
- Review, advise on, draft, and negotiate a wide variety of legal agreements, including broker remuneration/distribution agreements, TOBAs, binding authority agreements, third-party administrator (TPA) agreements, consortium agreements, and supplier/vendor contracts
- Advise on policy interpretation and coverage issues; draft policy declinatures and avoidances
- Provide legal support on advisory matters, corporate initiatives (experience with Lloyd’s Coming into Line (CIL) process advantageous but not essential), M&A transactions and litigation
- Pre-emptively manage and mitigate legal risks throughout the business and keep up to date with legal developments that directly affect our operations
- Log risk events in accordance with internal policies
- Identify and implement process improvements, including with the use of AI and other technologies
- Review and update legal policies and procedures, and provide training to the business
- Assist with ad-hoc queries and requests for information from the business
- Draft departmental communications
- Contribute to the Legal department's knowledge base by updating precedents, forms, and process documentation
- Monitor deadlines and key dates for legal matters, ensuring timely follow-up and completion of tasks
- Collaborate with legal counterparts in other jurisdictions
Role Requirements & Skills
- Exceptional attention to detail and organisational skills; adept at managing multiple tasks and deadlines simultaneously
- Highly effective at prioritising workload, multi-tasking, and thriving in a dynamic, fast-paced environment
- Ability to work collaboratively and build strong professional relationships
- Exceptional analytical, communication and negotiation skills, including ability to communicate complex legal issues and risks in a simple manner to non-legal colleagues
- Proactive, pragmatic approach to problem-solving and process improvement
- Technologically savvy with an interest in AI and its application in legal services
- Exemplary personal and professional integrity; able to exercise discretion and maintain confidentiality
- Flexible, adaptive, innovative, willing to learn
- Qualified solicitor with 2 to 5 years PQE
- Private practice and/or in-house legal experience with a strong understanding of the insurance market and Lloyd’s
Legal Counsel employer: Arch Capital Group
Contact Detail:
Arch Capital Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Counsel
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those with experience in insurance. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your past work, including contracts you've negotiated or legal advice you've provided. This will help you demonstrate your expertise and make a lasting impression during interviews.
✨Tip Number 3
Stay updated on industry trends! Keep an eye on developments in the insurance market and AI applications in legal services. Being knowledgeable about current issues will show employers that you're proactive and engaged.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining us. Tailor your application to highlight how your skills align with our mission to enable possibility in the legal space.
We think you need these skills to ace Legal Counsel
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Legal Counsel role. Highlight your insurance background and any relevant legal experience, especially in corporate and commercial contracts.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role and how your skills can contribute to our mission. Be sure to mention your interest in AI and how it can enhance legal services.
Showcase Your Attention to Detail: As a detail-oriented role, it's crucial to demonstrate your meticulousness. Double-check your application for any typos or errors, and ensure all information is accurate and well-organised.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the position. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Arch Capital Group
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of corporate, insurance, and commercial contracts. Be ready to discuss specific examples from your experience that demonstrate your understanding of the insurance market and Lloyd’s. This will show that you’re not just familiar with the theory but can apply it in practice.
✨Show Off Your Collaboration Skills
Since the company values collaboration, think of instances where you’ve worked effectively with others. Prepare to share stories that highlight your ability to build strong professional relationships and work as part of a team. This will help you fit into their culture seamlessly.
✨Be Tech-Savvy
With an interest in AI being a key requirement, come prepared to discuss how you’ve used technology to improve legal processes in your previous roles. If you have any innovative ideas on how AI could streamline legal services, don’t hesitate to share them!
✨Prepare for Problem-Solving Questions
Expect questions that assess your analytical and problem-solving skills. Think of challenges you’ve faced in your legal career and how you approached them. Being able to articulate your thought process clearly will demonstrate your pragmatic approach to legal issues.