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- Tasks: Shape legal strategy and advise on key projects in a leading insurance firm.
- Company: Join a top General Insurance firm with a growing legal team.
- Benefits: Attractive salary, fully remote work, and great career development.
- Other info: Collaborative environment with opportunities to liaise with key regulatory bodies.
- Why this job: Make a real impact in the insurance sector while working flexibly.
- Qualifications: 5+ years PQE in insurance or financial services; strong contract drafting skills.
The predicted salary is between 36000 - 60000 £ per year.
Delighted to be recruiting for a leading General Insurance firm, who are seeking to hire a Senior Legal Counsel for their established, growing legal function. This role can be based either one day per week from the office, or fully remote to suit the candidate.
The role will report directly to the Group General Counsel and will play an integral role in shaping legal strategy, as well as assisting on key ad-hoc projects and business wide initiatives.
As Senior Legal Counsel, you will be responsible for:
- Advising and assisting on Group-wide legal and business projects.
- Drafting, reviewing and negotiating key commercial agreements. These will include both Insurance (Distribution, TOBAs, Claims Handling) and Non-Insurance contracts (Licencing, SAAS, Supplier Agreements, material outsourcing).
- Liaise with key internal functions including Underwriting, Claims, Finance and Operations.
- Assisting on Regulatory queries and liaising with key regulatory bodies, including FCA, PRA etc. on new regulatory changes affecting the retail insurance sector.
- Drafting and reviewing policy wordings related to the retail insurance sector, including motor and home.
The successful candidate will have:
- Minimum 5 years+ PQE from Private Practice and/or In-House within the Insurance or Financial Services Sector. England & Wales qualified or equivalent.
- Insurance industry experience would be preferable. Ideally, you will have worked within a retail insurance environment.
- Experience in drafting commercial contracts, both Insurance and Non-Insurance. Insurance Distribution experience would be a major plus.
- Strong knowledge of the regulatory environment and liaising with financial regulators, including PRA and FCA.
- Excellent collaboration and communication skills, with the ability to communicate complex legal queries to key stakeholders across the business.
My client can offer a very attractive salary and package, including fully remote working.
Get in touch today for more information. matt.rowson@arthur.co.uk/02035877345.
Senior Legal Counsel - General Insurance Firm employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Legal Counsel - General Insurance Firm
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and legal 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 those interviews! Research the company’s recent projects and challenges in the insurance sector. Be ready to discuss how your experience aligns with their needs, especially around regulatory queries and commercial agreements.
✨Tip Number 3
Showcase your expertise! Create a portfolio of your work, including examples of contracts you've drafted or projects you've led. This will help you stand out and demonstrate your value as a Senior Legal Counsel.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that dream job. Plus, it shows you're serious about joining the team and makes it easier for us to keep track of your application.
We think you need these skills to ace Senior Legal Counsel - General Insurance Firm
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your PQE, insurance industry experience, and any relevant projects you've worked on. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Senior Legal Counsel role. Mention specific experiences that relate to drafting commercial agreements and liaising with regulatory bodies. Let us know why you’re excited about this opportunity!
Showcase Your Communication Skills: As a Senior Legal Counsel, you'll need to communicate complex legal matters clearly. In your application, demonstrate your ability to convey intricate information simply. This could be through examples of past collaborations or presentations you've delivered.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come through our platform!
How to prepare for a job interview at Arthur Recruitment
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of insurance law and the regulatory environment. Be prepared to discuss recent changes in regulations from bodies like the FCA and PRA, as well as how they impact the retail insurance sector.
✨Showcase Your Contract Skills
Since you'll be drafting and negotiating key commercial agreements, come ready with examples of contracts you've worked on. Highlight your experience with both Insurance and Non-Insurance contracts, and be ready to discuss your approach to negotiation.
✨Understand the Business
Familiarise yourself with the company's operations and how the legal function supports various departments like Underwriting and Claims. This will help you demonstrate your ability to collaborate effectively and provide tailored legal advice.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past experiences where you had to navigate complex legal issues or regulatory queries, and be ready to explain your thought process and outcomes.