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- Tasks: Draft and negotiate commercial agreements while advising on legal requirements.
- Company: Chaucer, a leading global insurer with a diverse and inclusive culture.
- Benefits: Flexible hybrid work model, extensive benefits, and wellbeing support.
- Why this job: Join a successful team making a real impact in the insurance industry.
- Qualifications: Qualified Solicitor with 1-6 years PQE and strong communication skills.
- Other info: Dynamic environment with opportunities for career growth and development.
The predicted salary is between 36000 - 60000 £ per year.
About us Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups. Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, we are closer to our clients across the world. Visit www.chaucergroup.com to learn more about us.
Role duties:
- Drafting, reviewing, and negotiating a wide range of commercial agreements, including broker agreements, reinsurance contracts, vendor contracts, and non-disclosure agreements (NDAs).
- Providing advice and support on licensing requirements, alternative risk transfer structures, reinsurance, agency/distribution, and related areas of law.
- Instructing, overseeing, and managing third-party legal advisers and associated costs and expenses.
- Identifying and escalating potential legal, regulatory, and reputational risks across the business and assisting in the delivery of training to business colleagues on key legal requirements.
- Assisting in monitoring and advising the business on relevant insurance laws and regulations, particularly those concerning the Lloyd's market (e.g., Lloyd's Byelaws, Market Bulletins), FCA/PRA rules, and international regimes (e.g., EIOPA).
- Developing and maintaining precedent documents, know-how, and guidance.
- Advising on non-claims disputes.
- Assisting the Head of Legal and other team members with day-to-day legal queries.
Skills and Competencies:
- Qualified Solicitor (England & Wales or equivalent common law jurisdiction).
- 1–6 years PQE.
- Candidates with experience in insurance, reinsurance, financial services, or general commercial law, particularly within the Lloyd's market, are highly desirable.
- Very good foundational knowledge of commercial contracts and/or relevant insurance regulation.
- Excellent drafting, negotiation, and communication (written and verbal) skills with strong attention to detail.
- Ability to provide clear, commercially focused legal advice quickly and effectively.
- Proven ability to work both autonomously and as part of a team, managing multiple priorities.
Why Join Chaucer?
Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk—from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we are close to our clients wherever they are.
We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.
We offer:
- A flexible hybrid work model that supports individual and team needs.
- A diverse, inclusive culture that values people for who they are.
- Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.
Legal Counsel in London employer: Chaucer Group
Contact Detail:
Chaucer Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Counsel in London
✨Tip Number 1
Network like a pro! Reach out to connections in the legal field, especially those with experience in insurance and reinsurance. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Lloyd's market regulations and relevant insurance laws. Be ready to discuss how your skills can help Chaucer navigate these complexities.
✨Tip Number 3
Showcase your drafting and negotiation skills during interviews. Bring examples of contracts you've worked on and be prepared to discuss your approach to managing legal risks.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the Chaucer team.
We think you need these skills to ace Legal Counsel in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Legal Counsel role. Highlight your experience in drafting and negotiating commercial agreements, as well as any relevant knowledge of insurance law. We want to see how your skills align with what we do at Chaucer!
Show Off Your Communication Skills: Since excellent communication is key for this role, ensure your written application reflects that. Use clear and concise language, and don’t forget to proofread for any typos or errors. We appreciate attention to detail!
Demonstrate Your Legal Knowledge: In your application, mention any specific experience you have with Lloyd's market regulations or relevant insurance laws. This will show us that you’re not just a qualified solicitor, but someone who understands the unique challenges we face in our industry.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details directly and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Chaucer Group
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of commercial contracts and insurance regulations, especially those relevant to the Lloyd's market. Being able to discuss specific laws or recent changes will show that you're not just qualified but genuinely interested in the field.
✨Showcase Your Drafting Skills
Prepare examples of your drafting and negotiation experiences. Bring along a few anonymised documents you've worked on, if possible. This will give you a chance to demonstrate your attention to detail and ability to provide clear, commercially focused legal advice.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle potential legal, regulatory, or reputational risks. Think through some scenarios beforehand and be ready to explain your thought process and how you would escalate issues appropriately.
✨Demonstrate Team Spirit
Chaucer values collaboration, so be prepared to discuss how you've worked as part of a team in the past. Share examples of how you've managed multiple priorities while supporting your colleagues, showing that you can balance autonomy with teamwork.
