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- Tasks: Review and negotiate legal agreements while advising on strategic transactions.
- Company: Join a collaborative and innovative insurance company that enables possibility.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Make an impact in the legal field while utilising AI to enhance services.
- Qualifications: Qualified solicitor with 2-5 years of experience in insurance law.
- Other info: Dynamic environment with a focus on collaboration and innovation.
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
Qualifications
- Qualified solicitor with 2 to 5 years PQE
Experience
- Private practice and/or in-house legal experience with a strong understanding of the insurance market and Lloyd’s
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
Legal Counsel employer: ARCH EUROPE INSURANCE SERVICES LTD
Contact Detail:
ARCH EUROPE INSURANCE SERVICES LTD 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 insurance backgrounds. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the insurance market and Lloyd’s. Be ready to discuss how you can leverage AI in legal services, as this is a hot topic right now!
✨Tip Number 3
Showcase your collaborative spirit! During interviews, highlight examples of how you've worked with teams to solve complex legal issues. Employers love candidates who can build strong professional relationships.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you can set up job alerts to stay updated on new openings that match your skills.
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 match the Legal Counsel role. Highlight your insurance background and any relevant legal projects you've worked on. We want to see how you can contribute to our collaborative culture!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your experience aligns with our mission at Arch. Don’t forget to mention your interest in AI and how it can enhance legal services.
Showcase Your Attention to Detail: As a detail-oriented role, we’re looking for candidates who can demonstrate their meticulousness. Make sure there are no typos or formatting issues in your application. A polished submission shows us you care about quality!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you can easily keep track of your application status and any updates from us!
How to prepare for a job interview at ARCH EUROPE INSURANCE SERVICES LTD
✨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 how you’ve contributed to team success in previous roles.
✨Be Tech-Savvy
With a keen interest in AI being a plus, come prepared to discuss how you’ve used technology to streamline legal processes in the past. If you have ideas on how AI could improve legal services, don’t hesitate to share them during the interview!
✨Stay Organised and Detail-Oriented
Demonstrate your exceptional attention to detail by preparing for the interview meticulously. Bring along examples of your work that showcase your organisational skills and ability to manage multiple tasks. This will help convey that you can thrive in a dynamic, fast-paced environment.
