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For Companies At a Glance
- Tasks: Provide legal advice, negotiate contracts, and manage legal risks across multiple regions.
- Company: Join Arch Insurance, a dynamic leader in the insurance industry.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Be part of an innovative team using AI to transform legal services.
- Qualifications: Qualified solicitor with 2-5 years of experience in insurance law.
- Other info: Collaborative environment with a focus on personal and professional development.
The predicted salary is between 43200 - 72000 Ā£ per year.
We are seeking a detailāoriented, 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 (nonācontentious 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, thirdāparty administrator (TPA) agreements, consortium agreements and supplier/vendor contracts
- Advise on policy interpretation and coverage issues; draft policy declinations 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
- Preāemptively 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 adāhoc 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 followāup 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, multiātasking and thriving in a dynamic, fastāpaced environment
- Ability to work collaboratively and build strong professional relationships
- Exceptional analytical, communication and negotiation skills, including the ability to communicate complex legal issues and risks in a simple manner to nonālegal colleagues
- Proactive, pragmatic approach to problemāsolving 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
- Private practice and/or ināhouse legal experience with a strong understanding of the insurance market and Lloyd's
Legal Counsel in London employer: Arch Insurance (UK) Limited
Contact Detail:
Arch Insurance (UK) Limited Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Legal Counsel in London
āØTip Number 1
Network like a pro! Reach out to your connections in the legal and insurance sectors. Attend industry events or webinars, and donāt be shy about introducing yourself. You never know who might have the inside scoop on job openings!
āØTip Number 2
Prepare for interviews by researching Arch Insurance and its operations. Understand their approach to legal challenges and how they utilise AI in their processes. This will help you tailor your responses and show that you're genuinely interested in the role.
āØTip Number 3
Practice your negotiation skills! As a Legal Counsel, you'll need to demonstrate your ability to negotiate contracts effectively. Role-play with a friend or mentor to build confidence and refine your approach before the big day.
āØTip Number 4
Donāt forget to apply through our website! Itās the best way to ensure your application gets noticed. Plus, you can set up job alerts to stay updated on new opportunities that match your skills and interests.
We think you need these skills to ace Legal Counsel in London
Some tips for your application š«”
Tailor Your CV: Make sure your CV is tailored to the Legal Counsel role. Highlight your experience in insurance law and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Donāt forget to mention your interest in AI and its application in legal services!
Showcase Your Attention to Detail: As a Legal Counsel, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best work right from the start!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you donāt miss out on any updates. Plus, itās super easy!
How to prepare for a job interview at Arch Insurance (UK) Limited
āØKnow 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 past experience where you've reviewed or negotiated similar agreements. This will show that youāre not just familiar with the theory but have practical insights to bring to the table.
āØShow Off Your Problem-Solving Skills
Prepare to share instances where you've proactively managed legal risks or improved processes in your previous roles. Think about how you can relate these experiences to the dynamic nature of the role at Arch Insurance. Theyāll want to see your pragmatic approach in action!
āØGet Tech-Savvy
Since the role involves utilising AI to streamline legal services, be ready to discuss any relevant tech tools or software youāve used. If you have ideas on how AI can enhance legal processes, donāt hesitate to share them. This shows youāre forward-thinking and aligned with their innovative mindset.
āØPractice Your Communication Skills
Youāll need to explain complex legal issues to non-legal colleagues, so practice simplifying your language. Consider doing mock interviews where you explain legal concepts in layman's terms. This will help you demonstrate your exceptional communication skills during the actual interview.
