Senior Legal Counsel, Compliance

bolttech; Manchester; On-site; GBP 80,000 - 100,000; Full time

Job summary

A global insurtech company in the UK is seeking a Senior Legal Counsel to oversee compliance and legal matters. The ideal candidate will have a minimum of 7 years’ PQE and solid experience in the insurance sector. Responsibilities include managing compliance policies, overseeing reporting to regulatory bodies, and drafting commercial contracts. Strong communication, adaptability, and proactivity are vital for success in this role. This position values diversity and inclusion, offering a collaborative work environment.

Qualifications

• Minimum of 7 years’ PQE.
• Solid experience in Insurance and financial services with SMCR.
• Ability to work in a multicultural team.

Responsibilities

• Draft and maintain compliance policies and procedures.
• Oversee reporting obligations to UK regulatory bodies.
• Lead drafting and negotiation of commercial contracts.

Skills

Proactivity

Communication

Collaboration

Adaptability

Education

Qualified Solicitor in England & Wales

Job description

About us

bolttech is a fast-growing global insurtech with a mission to build the world’s leading, technology-enabled ecosystem for protection and insurance. Our vision is to connect people with more ways to protect the things they value.

Launched in 2020 in Singapore, bolttech’s 1,600+ team serve customers in 35+ markets across Asia, Europe, North America, and Africa. With international licenses, an extensive partner network, and leading-edge technology and product innovation capabilities, our ecosystem brings together insurers and distributors to make it easier for customers to get the right protection at the point of need.

In this position you will…

…be the Senior Legal Counsel by taking a leading role in managing a broad spectrum of regulatory compliance issues for the United Kingdom, while also overseeing the review and preparation of commercial agreements in the context of wider EMEA partnerships.

You will be responsible for…

Compliance

• Drafting and maintaining a comprehensive framework of compliance policies and procedures that addresses relevant applicable regulatory requirements, while ensuring the company’s consistent adherence to them.
• Repetition of the above
• Overseeing various reporting obligations to UK regulatory bodies including the FCA.
• Promoting and embedding a strong compliance culture across the organisation.
• Acting as subject matter expert on UK regulatory requirements by identifying, monitoring and assessing compliance risk and ensuring they are effectively managed
• Working in close alignment with the Regional Compliance Manager to ensure integration into the wider regional and global compliance framework and compliance plan.
• Supporting the Director, Legal and Compliance EMEA, in oversight, challenge, advice, escalation and reporting activities, while liaising with other senior team members and business stakeholders.
• Implement applicable Group methodologies and framework including compliance risk assessment, planning.
• Work closely with Regional and Group Legal and Compliance to report on, elevate and mitigate risks and issues.
• Work with the business and operations functions to effectively manage compliance risks impacting all aspects of the UK business’s value chain (i.e. from product design to distribution compliance procedures).
• Deliver relevant compliance related training if needed.

Legal

• Identifying and interpreting applicable laws, regulations and other relevant requirements, particularly those affecting the UK business.
• Identification and mitigation of legal risks.
• Leading the drafting, review and negotiation of a wide range of commercial contracts, including insurance distribution agreements, service agreements and partnership agreements.
• Delivering legal services aligned with business strategy in an agile and business-focused manner.

For you to be successful…

…we expect you to be able to demonstrate the following key competencies :

Impactful

• Proactive in identifying what needs to be done, and taking action, before being asked, or before the situation escalates
• Focused on objectives and identifies activities and key results required to meet them

Collaborative

• Partners with a range of people to create trust, and co-create and deliver mutually beneficial outcomes
• Develops collaborative and dynamic working relationships to achieve the best possible outcomes

Communication

• Effective and articulate communicator actively and respectfully listens to and synthesizes others’ perspectives
• Concise in communicating and references relevant information tailored to the audience to support points

Adaptable

• Flexible in successfully juggling multiple requirements, ambiguity and competing demands. Perseveres in challenging circumstances. Responsive to business needs.
• Looks to understand bigger picture rationale for changes and adapts in a flexible and nimble manner

You will require the following qualifications and skills

• Minimum of 7 years’ PQE .
• Qualified Solicitor in England & Wales.
• Solid experience in Insurance is essential but also financial services and with SMCR.
• Knowledge of an additional European language (advantageous).
• Ability to work in a multicultural team and foster strong relationships.
• Proactivity and an ability to contribute with solutions and ideas at a senior level.

Diversity and Inclusion

At bolttech, we are diverse and inclusive. We value each person's unique skills, background, and identity. We never discriminate on cultural background, religion, sex, gender, gender identity or expression, sexual orientation, age, disability, veteran status, genetic information, marital or family status or any legally protected status. Everyone belongs. And because everyone’s different, we’re also flexible in the ways we work, so each person can bring their best efforts every day.