Legal Counsel

Arch; Greater London; On-site; GBP 60,000 - 75,000; Full time

Job summary

A leading insurance firm in Greater London is seeking a detail-oriented Legal Counsel to provide legal advice across its operations in the UK and Europe. This role entails reviewing and negotiating contracts, advising on legal matters, and managing legal risks within the organization. The ideal candidate will possess 2 to 5 years PQE with a strong background in insurance law and technology focused on AI. This position offers an opportunity to contribute to innovative legal practices within a dynamic environment.

Qualifications

• 2 to 5 years of post-qualification experience as a solicitor.
• Experience in private practice and/or in-house legal.
• Strong understanding of the insurance market and Lloyd's.

Responsibilities

• Review and negotiate a variety of legal agreements.
• Advise on policy interpretation and coverage issues.
• Provide legal support on corporate initiatives, M&A transactions, and litigation.
• Manage and mitigate legal risks throughout the business.
• Implement process improvements using AI and technology.
• Collaborate with legal counterparts in other jurisdictions.

Skills

Attention to detail

Organisational skills

Communication skills

Negotiation skills

Problem-solving

Technological savviness

Team collaboration

Flexibility and adaptability

Education

Qualified solicitor with 2 to 5 years PQE

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Summary and Purpose

We are seeking a detail-oriented, pragmatic and collaborative Legal Counsel to serve as a trusted legal advisor to Arch Insurance International. This role covers our operations across the UK, Europe (including France, Spain, the Netherlands, and Italy), Bermuda, and Australia.

The role is broad and dynamic, evolving with the needs of the business, and includes:

• Reviewing and negotiating a wide range of corporate, insurance and commercial contracts
• Providing legal advice and support on strategic transactions and projects
• Assisting with coverage issues, drafting avoidances, litigation and disputes

The ideal candidate will have a strong insurance background (non-contentious or contentious) with a good understanding of the insurance market and Lloyd’s.

We are looking for an individual with a keen interest in the utilisation of AI to streamline the provision of legal services.

Key Tasks and Responsibilities

• Review, advise on, draft, and negotiate a wide variety of legal agreements, including broker remuneration/distribution agreements, TOBAs, binding authority agreements, third-party administrator (TPA) agreements, consortium agreements, and supplier/vendor contracts
• Advise on policy interpretation and coverage issues; draft policy declinatures and avoidances
• Provide legal support on advisory matters, corporate initiatives (experience with Lloyd’s Coming into Line (CIL) process advantageous but not essential), M&A transactions and litigation
• Pre-emptively manage and mitigate legal risks throughout the business and keep up to date with legal developments that directly affect our operations
• Log risk events in accordance with internal policies
• Identify and implement process improvements, including with the use of AI and other technologies
• Review and update legal policies and procedures, and provide training to the business
• Assist with ad-hoc queries and requests for information from the business
• Draft departmental communications
• Contribute to the Legal department's knowledge base by updating precedents, forms, and process documentation
• Monitor deadlines and key dates for legal matters, ensuring timely follow-up and completion of tasks
• Collaborate with legal counterparts in other jurisdictions

Role Requirements & Skills

Skills / Competencies

• Exceptional attention to detail and organisational skills; adept at managing multiple tasks and deadlines simultaneously
• Highly effective at prioritising workload, multi-tasking, and thriving in a dynamic, fast-paced environment
• Ability to work collaboratively and build strong professional relationships
• Exceptional analytical, communication and negotiation skills, including ability to communicate complex legal issues and risks in a simple manner to non-legal colleagues
• Proactive, pragmatic approach to problem-solving and process improvement
• Technologically savvy with an interest in AI and its application in legal services
• Exemplary personal and professional integrity; able to exercise discretion and maintain confidentiality
• Flexible, adaptive, innovative, willing to learn

Qualifications

• Qualified solicitor with 2 to 5 years PQE

Experience

• Private practice and/or in-house legal experience with a strong understanding of the insurance market and Lloyd’s

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd