Senior legal Counsel

Astral Legal; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading insurance firm is seeking a Senior Legal Counsel for a 12-month FTC in London. The role requires strong legal experience in general insurance and corporate law, with responsibilities including drafting agreements, providing regulatory support, and advising on compliance matters. The position is full-time with a requirement of being in the office three days a week. Ideal candidates will have experience working with regulators and managing external legal counsel.

Qualifications

• Strong legal experience in general insurance, financial services, and corporate law.
• Ability to draft and negotiate insurance-related agreements.
• Experience implementing new regulations in large insurance groups.

Responsibilities

• Draft and review binding authority agreements and claims handling agreements.
• Provide day-to-day legal support for UK entities.
• Manage regulatory requests with the PRA, FCA, and other regulators.
• Give advice on legal, compliance, and governance matters.

Skills

Legal experience in general insurance

Experience in drafting insurance agreements

Working with management teams

Managing external lawyers

Dealing with regulators

Negotiating procurement agreements

Education

UK lawyer qualification

Job description

Overview

Senior Legal Counsel - 12-month FTC role - London - 3 days in the office. Insurance experience essential.

Responsibilities

• Drafting and reviewing of binding authority agreements, TOBA's, claims handling agreements, master policies, policy or service contract terms and conditions, and a variety of supplier agreements including IT related agreements.
• Providing day to day legal support for UK entities
• Providing support in managing regulatory requests with the PRA, FCA and other regulators as required
• Providing advice and guidance to groups international entities on a range of matters, including legal, compliance, governance, regulation, operational and company secretarial
• Reviewing and summarising legal advice provided by overseas law firms and updating trackers, memorandums and terms and conditions where relevant with the distilled information
• Reviewing marketing literature in accordance with law and regulation
• Providing advice and wording for data protection matters, in collaboration with the data protection officer
• Working closely with other Group functions, including Underwriting, Compliance and Risk to deliver key strategic priorities
• Providing support to key regulatory and corporate (entity restructuring etc.) arise

Qualifications and Experience

• UK lawyer with strong legal experience in general insurance, financial services and corporate law
• Experience in drafting, reviewing and negotiating insurance related agreements
• Experience in implementing new regulation in large insurance groups
• Experience in working with management teams and functional heads
• Experience in managing external lawyers especially in relation to commercial matters
• Experience of dealing with regulators and industry bodies
• Experience in negotiating outsourcing and procurement agreements

Seniority level

• Director

Employment type

• Full-time

Job function

• Legal

Industries

• Insurance