Insurance lawyer

Pinsent Masons Llp; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global law firm seeks a non-contentious lawyer with insurance experience for its Insurance team in the UK. Candidates with at least 2 years of PQE are preferred. The role involves drafting agreements, advising on regulatory issues, and participating in M&A in the insurance sector. Ideal candidates should possess strong communication skills and a client-focused approach. This position offers an opportunity to collaborate closely with various teams and clients in a dynamic legal environment.

Qualifications

• Qualified lawyer ideally with upwards of 2 years PQE.
• Technically excellent yet commercially aware.
• Strong client-focused approach.

Responsibilities

• Drafting and negotiating agreements.
• Advising on regulatory issues.
• Managing insurance sector M&A.

Skills

Insurance and regulatory experience

Commercial awareness

Excellent communication skills

Team player

Organizational skills

Education

Qualified lawyer

Job description

We are looking to recruit a non-contentious lawyer with insurance and related regulatory experience to join the firm's growing Insurance team in either Edinburgh or London where they will work closely with the firm's established City practice [ranked as Tier 2 by Legal 500]. We would be interested in hearing from qualified lawyers of all seniorities, but ideally those with upwards of 2 years PQE.

Background: The Insurance team consists of 20 lawyers who focus on both contentious and non-contentious work (the split being roughly 50/50). The Insurance team sits within our wider Regulation, Insurance and Funds team. It also works closely with our Corporate Financial Services team, providing opportunities for close collaboration and cross team/firm working. The Insurance team's primary clients are leading global insurers such as those below as well as other London market entities, life companies and friendly societies, Lloyd's Syndicates, and international insurers with businesses in the UK. Particular highlights are the team's strength of key insurer client relationships and the strategic partnership / bancassurance projects borne out of those relationships. The team is also called upon to advise non-insurer firm clients on insurance related issues. Clients include major global and UK insurance businesses like Allianz, Aviva, AXA, Bupa, Chesnara, Direct Line (now part of Aviva), Intact, Phoenix, Royal London, Scottish Friendly, Wesleyan and Zurich. We also act for a number of broker groups and leading brand retail distributors.

Responsibilities

• strategic partnership / bancassurance arrangements
• drafting and negotiating distribution and outsourcing agreements
• advising on retail and commercial product development
• FCA and PRA regulatory issues (including investigations and enhanced supervision projects)
• drafting and advising on regulatory issues (e.g. permitted links) relating to insurer investment arrangements
• cross-border regulatory perimeter issues
• reinsurance agreements (including captive programmes and supporting our Pension De-Risking Team)
• insurance business transfers (including by way of renewal rights)
• insurance sector M&A

The candidate will ideally have experience and exposure to some of these practice areas. The successful candidate should be able to be flexible in terms of undertaking similar tasks in relation to general insurance and life/wealth insurance products. There will be a need to liaise with other teams such as Corporate with which there will be some overlap on business transfers and M&A matters.

Qualifications

The successful candidate will be a qualified lawyer, ideally with upwards of 2 years PQE. They must be technically excellent but, equally important, commercially aware and enthusiastic about business development. They should be a team player with a strong client‑focused approach, and have excellent communication and organisational skills.

About Us

Pinsent Masons is a global 100 law firm, with over 3,800 employees operating out of 28 locations across Europe, Asia Pacific, Africa and the Middle East. We have a long‑standing reputation for delivering high‑quality legal advice rooted in a deep understanding of the sectors and geographies in which our clients operate. Our global reach ensures that we are well‑placed to advise on complex multi‑jurisdictional matters across a full range of legal disciplines.

Awards: We’re being recognised equally by commentators and other market movers through a plethora of awards spanning every region and culminating in being named law firm of the year by Legal Business, the FT's most innovative law firm in Europe (for the third time in eight years), winning their sustainability award in Asia Pacific and being ranked as Thomson Reuters' leading legal brand in their UK index. We have been recognised as by Stonewall as a Top Global Employer. Recognising that we are a leading employer in advancing LGBT+ inclusion. Pinsent Masons is recognised as a 'Top Ten Employer for Working Families in 2023' for the seventh consecutive year. We are accredited as a Disability Confident Employer by the Department for Work & Pensions and we were the first law firm to sign up the global Valuable 500.