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For Companies At a Glance
- Tasks: Draft and review legal agreements, provide regulatory support, and collaborate with various teams.
- Company: Leading insurance firm in London with a focus on innovation and compliance.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Join a dynamic team and make a real impact in the insurance sector.
- Qualifications: UK lawyer with experience in insurance and corporate law.
- Other info: 12-month FTC role with a vibrant office culture.
The predicted salary is between 48000 - 72000 £ per year.
Overview
12-month FTC role - London - 3 days in the office. Insurance experience essential.
Responsibilities
- Drafting and reviewing of binding authority agreements, TOBAs, claims handling agreements, master policies, policy or service contract terms and conditions, and a variety of supplier agreements including IT related agreements.
- Providing day to day legal support for UK entities.
- Providing support in managing regulatory requests with the PRA, FCA and other regulators as required.
- Providing advice and guidance to groups' international entities on a range of matters, including legal, compliance, governance, regulation, operational and company secretarial.
- Reviewing and summarising legal advice provided by overseas law firms and updating trackers, memorandums and terms and conditions where relevant with the distilled information.
- Reviewing marketing literature in accordance with law and regulation.
- Providing advice and wording for data protection matters, in collaboration with the data protection officer.
- Working closely with other Group functions, including Underwriting, Compliance and Risk to deliver key strategic priorities.
- Providing support to key regulatory and corporate (entity restructuring etc.) arise.
Qualifications and Experience
- UK lawyer with strong legal experience in general insurance, financial services and corporate law.
- Experience in drafting, reviewing and negotiating insurance related agreements.
- Experience in implementing new regulation in large insurance groups.
- Experience in working with management teams and functional heads.
- Experience in managing external lawyers especially in relation to commercial matters.
- Experience of dealing with regulators and industry bodies.
- Experience in negotiating outsourcing and procurement agreements.
Seniority level: Director
Employment type: Full-time
Job function: Legal
Industries: Insurance
Senior legal Counsel in London employer: Astral Legal
Contact Detail:
Astral Legal Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior legal Counsel in London
✨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 interviews by brushing up on your knowledge of current regulations and trends in the insurance industry. We recommend practising common interview questions with a friend or mentor to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your expertise! During interviews, highlight your experience with binding authority agreements and regulatory compliance. Use specific examples from your past roles to demonstrate how you’ve successfully navigated complex legal challenges.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged in their job search.
We think you need these skills to ace Senior legal Counsel in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Legal Counsel role. Highlight your experience in insurance and financial services, and don’t forget to mention any relevant agreements you've drafted or negotiated.
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 specific experiences that align with the responsibilities listed in the job description.
Showcase Your Regulatory Knowledge: Since dealing with regulators is key in this role, make sure to highlight your experience with the PRA, FCA, and any other relevant bodies. We want to see how you’ve navigated regulatory requests in the past!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Astral Legal
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of insurance law and regulations. Be prepared to discuss specific cases or agreements you've worked on, especially those related to binding authority agreements and TOBAs. This will show that you’re not just familiar with the theory but have practical experience too.
✨Showcase Your Communication Skills
As a Senior Legal Counsel, you'll need to communicate complex legal concepts clearly. Practice explaining your past experiences in a way that’s easy to understand. Think about how you can convey your advice on compliance and governance matters succinctly during the interview.
✨Prepare for Regulatory Questions
Expect questions about your experience dealing with regulators like the PRA and FCA. Have examples ready that demonstrate how you've successfully managed regulatory requests or implemented new regulations in previous roles. This will highlight your ability to navigate the regulatory landscape effectively.
✨Collaborative Mindset
This role involves working closely with various teams, so be ready to discuss how you’ve collaborated with other departments in the past. Share specific examples of how you’ve supported underwriting, compliance, or risk functions to achieve strategic goals. This will show that you’re a team player who understands the bigger picture.
