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- Tasks: Draft and review insurance agreements while providing legal advice to various teams.
- Company: Leading international insurer with a high-performing legal team.
- Benefits: Flexible working options, competitive pay, and potential for permanent role.
- Why this job: Gain valuable experience in insurance law and work on exciting projects.
- Qualifications: UK qualified lawyer with insurance experience and strong negotiation skills.
- Other info: Hybrid role with opportunities for career growth and collaboration.
The predicted salary is between 48000 - 72000 £ per year.
A leading Insurer client of mine, operating internationally, is seeking a Senior Legal Counsel to join its high-performing commercial legal function. Reporting to a newly appointed General Counsel of extensive experience, this is a fantastic opportunity for a 4 year+ PQE Lawyer to gain some real exposure to interesting and exciting Insurance Legal work.
The role is a 12-month maternity cover position, with the real possibility of a permanent role at the end of the contract. You must be able to start within 1 month.
As Legal Counsel, you will be responsible for the following:
- Drafting and reviewing key Insurance & Non-Insurance agreements, including Binding Authority, TOBAs, Claims Handling, Supplier and Outsourcing contracts.
- Providing day-to-day and ad-hoc legal advice to different Group entities.
- Managing and adhering to regulatory requests and advice from the FCA, PRA and other key regulatory bodies.
- Assisting in the drafting and development of policy wordings, including assisting on existing and new product development.
- Building strong working relationships with key internal stakeholders, including Underwriting, Claims, Finance and Compliance.
To be successful in this role, you must be a UK qualified lawyer and have Insurance experience. Other important considerations include:
- Experienced in drafting and negotiating insurance agreements.
- Experience in implementing and understanding of Insurance regulation.
- Be able to collaborate effectively across different functions and build holistic relationships.
- Experienced in negotiating and drafting wider commercial agreements (IT, Procurement etc.).
- In-house legal experience within an Insurance environment is preferred but not essential.
My client can offer the role on a day-rate contract or as a fixed salary to suit, they are very flexible on this. The role is a hybrid position, typically 2-3 days a week in London.
Interested in finding out more? Follow the link to apply directly, or drop me an email at matt.rowson@arthur.co.uk!
Senior Legal Counsel in City of London employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Legal Counsel in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their recent projects and challenges in the insurance sector. This will help you tailor your responses and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your negotiation skills! As a Senior Legal Counsel, you'll need to demonstrate your ability to negotiate effectively. Role-play with a friend or mentor to get comfortable discussing terms and conditions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals like you to join our team. So, go ahead and hit that apply button!
We think you need these skills to ace Senior Legal Counsel in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Legal Counsel role. Highlight your relevant experience in drafting and negotiating insurance agreements, as well as any in-house legal experience you have. We want to see how your skills match 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 the perfect fit for this role. Mention your PQE, your experience with insurance regulation, and how you can build strong relationships across different functions. We love a good story!
Showcase Your Regulatory Knowledge: Since you'll be managing regulatory requests, it's crucial to demonstrate your understanding of FCA and PRA regulations. Include specific examples of how you've navigated these in your previous roles. We appreciate candidates who know their stuff!
Apply Through Our Website: Don't forget to apply through our website! It’s the easiest way for us to keep track of your application. Plus, it shows you're keen on joining our team. We can't wait to see what you bring to the table!
How to prepare for a job interview at Arthur Recruitment
✨Know Your Insurance Law
Make sure you brush up on your knowledge of insurance law and regulations. Familiarise yourself with key terms and recent changes in legislation that could impact the role. This will not only help you answer questions confidently but also show your genuine interest in the field.
✨Prepare for Scenario Questions
Expect to be asked about specific scenarios related to drafting and negotiating insurance agreements. Think of examples from your past experience where you successfully navigated complex legal issues or built relationships with stakeholders. Having these examples ready will demonstrate your practical knowledge and problem-solving skills.
✨Understand the Company Culture
Research the company’s values and culture before the interview. Understanding how they operate and what they value in their employees can help you tailor your responses. Be prepared to discuss how your personal values align with theirs, especially in a collaborative environment like this one.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of the interview. Inquire about the team dynamics, the challenges they face in the legal department, or how they measure success in this role. This shows your enthusiasm for the position and helps you gauge if it’s the right fit for you.