Senior Legal Counsel- Insurance/ Reinsurance

Role: Senior Legal Counsel

Industry: Insurance/ Reinsurance

Contract: 6 months (possibility of extension)

Day Rate: up to £1,200 per day

IR35: inside

Office: Hybrid (3 days in office, 2 days working from home)

As a senior member of the legal function, you will act as a subject matter expert , advising across

the full spectrum of (re)insurance law, commercial contracting, sanctions, and regulatory

compliance—working with both UK and international teams.

Tasks will include:

• Advise on global (re)insurance law matters, including wordings, delegation and distribution agreements.
• Provide legal support on product governance, regulatory considerations, and new/emerging risk areas.
• Deliver strategic legal advice that balances commercial objectives with legal and regulatory risks.
• Lead on corporate and commercial contract issues, including intra-group and third-party service agreements.
• Collaborate with compliance on complex regulatory and sanctions-related issues in both underwriting and claims.
• Support UK and international distribution channels, including Lloyd’s Europe and other international offices.
• Liaise with Corporate Underwriting and Wordings teams to ensure adherence to group-wide legal frameworks.
• Develop streamlined legal processes, contract templates, and provide business-wide legal training.
• Advise on high-impact legal exposures, manage external counsel where required, and contribute to London Market initiatives.
• Actively promote conduct best practices, contributing to governance groups such as the PCRSG, UCSC, ExCo and Board.

Requirements

• Qualified solicitor (England & Wales) with 8+ years PQE, preferably with a mix of private practice and in-house insurance experience.
• Experience within a Lloyd’s Managing Agent and deep knowledge of the London Market is essential.
• Proven expertise in (re)insurance law, corporate contracts, regulatory frameworks, and product governance.
• Excellent drafting, communication, and stakeholder management skills—with the ability to present clearly and persuasively at all levels.