Legal Counsel

Tesco Hungary; City of Edinburgh; Hybrid; GBP 60,000 - 70,000; Full time

Job summary

Tesco Insurance and Money Services is seeking a Legal Counsel to provide strategic legal support within a hybrid role based in Edinburgh or Newcastle. This position involves managing legal risk, negotiating contracts, and ensuring compliance with regulatory standards. Candidates should be qualified solicitors with strong commercial experience. The role offers a competitive salary and benefits, alongside the opportunity to shape the future of Tesco's insurance services.

Benefits

Performance related annual bonus

Generous holiday allowance (minimum of 7.2 weeks)

Private Medical Insurance for you and your family

Colleague pension scheme

10% discount on Tesco products with opportunity for 15% on payday

Enhanced maternity and paternity leave

Ongoing learning opportunities and award-winning training

Buy as you Earn and Save as you Earn share schemes

Qualifications

• Demonstrable legal experience as a qualified solicitor.
• Significant experience in commercial contracts, either in-house or in private practice.
• Ability to deliver pragmatic, risk-based legal advice.

Responsibilities

• Identify and manage legal risk in providing legal advice on insurance matters.
• Negotiate and advise on insurance product terms and vendor contracts.
• Support on development of retail insurance products.

Skills

Relationship management

Legal risk management

Commercial contract negotiation

Pragmatic legal advice

Education

Qualified solicitor with a valid practicing certificate

Job description

Serving our customers, communities, and planet a little better every day.

Salary - Up to £70,000 + annual bonus & benefits

Work Level – 2

Location – Edinburgh/Newcastle, 12 month FTC

Office Attendance- Our roles are hybrid, however you should be able to travel to our Edinburgh or Newcastle office 2 days per week for this position and if based in Newcastle you should be able to travel to Edinburgh every second month.

Closing Date - Applications close 18th July at 5pm

We deal in the personal – from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you’ve worked hard for. And that means we always work with heart. Whether we’re helping our customers or looking after our people, you’ll find there’s a warmth and friendliness to everything we do.

We’re looking for a commercially minded, solutions-orientated Legal Counsel to join our Insurance and Money Services Legal team.

As part of a small legal team, you’ll enjoy the privilege of overseeing all aspects of the Tesco Insurance and Money Services and our relationships with the wider Tesco Group. This role offers you the scope of offering a general counsel type service ranging from commercial contract negotiation to product development.

This role would be ideal either for an insurance services specialist looking to develop a more rounded end-to-end skill set; or for a commercial generalist looking to develop an insurance services expertise. As you’ll be joining Tesco at the start of an exciting new journey, you will be instrumental in helping to shape its future.

You’ll be reporting to our Head of Legal while working alongside colleagues at all levels. You’ll be managing services delivered by external solicitors and form a key member of virtual teams, to ensure the delivery of supplier services to Tesco Insurance and Money Services and our customers.

What you’ll be doing

• Identify and manage legal risk in delivering targeted, commercially focused legal advice on corporate, commercial and regulatory legal matters across Tesco Insurance and Money Services.
• Offering support and advice on retail insurance products, their development, customer journeys and product terms and conditions
• Negotiating and advising upon third party service, introducer, consultancy, data and software contracts
• Advising on general commercial and regulatory legal queries

We need you to have

• Demonstrable experience as a qualified solicitor (with a valid practising certificate in a UK jurisdiction).
• Experience of strong relationship management (both internal and external stakeholders).
• Significant commercial contract legal experience either in-house or in private practice.
• A track record of delivering pragmatic, risk-based legal advice.

And if you have any of these, even better

• Experience in the insurance or financial services sectors.
• Experience of advising on retail insurance products, consumer credit matters and regulation.
• We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.

What’s in it for you

• Prepare for your retirement with our colleague pension scheme.
• Private Medical Insurance (WL2+) for you and virtual GP Service for you and your family 365 days a year.
• Performance related annual bonus.
• Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
• Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday. As an added perk, we’ll give you a second card to share with someone else.
• Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
• A place to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want.
• Take part in our Buy as you Earn and Save as you Earn share schemes.

Everyone’s welcome

We want all our colleagues to always feel welcome and be themselves. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.

Why Tesco Insurance and Money Services?

Seeing your impact all around you: there's no better feeling.

Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day.

We deal in the personal – from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you’ve worked hard for.

Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome.

So, if you want a career where you can do good and feel good, you've found it.

Let's make everyday a little better.

Our story

Making Insurance and Money Services more rewarding and offering great value and choice - because we know little wins can make a big difference.

We began life in 1997 and now help more than 2 million customers protect what matters to them.

We want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centers are open seven days a week.

Delivering great customer service means having great people behind the scenes – people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Insurance and Money Services looks like, click apply to find out more!