Senior Legal Counsel - Corporate & Reinsurance

Pension Corporation; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading company in the financial sector is seeking a Senior Legal Counsel to ensure compliance with laws and regulations. This role involves advising on corporate transactions, governance, and collaborating with internal teams and external counsel. The ideal candidate will have significant experience in corporate law and possess strong communication and organizational skills. The position offers a competitive salary, bonus, and benefits including private medical insurance and annual leave.

Benefits

Private Medical Insurance

28 Days Annual Leave

Pension Scheme

Qualifications

• Significant post-qualification experience in corporate law, preferably in private practice.
• Experience advising on M&A, shareholder arrangements, and collateral structures.

Responsibilities

• Providing strategic advice on corporate transactions at the group level.
• Advising on reinsurance agreements and supporting corporate governance.

Skills

Organizational Skills

Communication Skills

Persuasive Abilities

Education

Post-Qualification in Corporate Law

Tools

MS Access

PowerPoint

Word

Job description

Pension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management, asset and liability management, and exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve this by setting strategic objectives and fostering a culture based on our PIC Values of Resilient, Adaptable, and Loyal.

Our company values are reflected in every role's delivery and performance.

Role Purpose:

• This role is within the Legal department, contributing to the company's success by ensuring compliance with all relevant laws and regulations.
• Advising on transactions and corporate governance, focusing on corporate/shareholder transactions, reinsurance agreements, and collateral arrangements.
• Providing strategic advice on insurance regulatory compliance, risk management, and reputational issues.
• Collaborating with external counsel and internal teams to review legal documents and uphold governance standards.
• Supporting the Company Secretariat in providing advice and support to the Board.
• Assisting the General Counsel and Deputy General Counsel in advising the Group.

Responsibilities of Senior Legal Counsel (Corporate and Reinsurance):

• Providing strategic advice on corporate transactions at the group level.
• Advising on reinsurance agreements, collateral structures, and liaising with stakeholders and counsel.
• Guiding on the Group’s constitutional arrangements with shareholders.
• Supporting corporate governance and Board/Committee functions.
• Reviewing contracts, including NDAs, bulk annuities, outsourcing, and investment agreements.
• Collaborating with team members and managing the PIC Legal Panel.
• Owning personal development in technical and non-technical legal skills.
• Staying informed on industry trends, market developments, and regulatory changes through seminars, reading, and sharing insights.

Knowledge:

• Proficiency in corporate law and governance within a regulatory context.
• Knowledge of PRA Rulebook and FCA Handbook.
• Understanding of Solvency II/UK Solvency regulations.
• Familiarity with the Companies Act 2006.

Skills:

• Applying legal expertise with commercial judgment.
• Strong organizational and communication skills.
• Persuasive and influential abilities.
• Ability to work within procedural guidelines.
• Proficiency with MS Access, PowerPoint, and Word.

Experience:

• Significant post-qualification experience in corporate law, preferably in private practice.
• Experience advising on M&A, shareholder arrangements, longevity swaps, and collateral structures.
• Experience working with senior stakeholders.
• Knowledge of UK capital markets (debt and equity) is preferred.

Desirable Attributes:

• Curiosity and willingness to research and learn.
• Problem-solving skills with a consultative approach.
• Effective communication and engagement skills.
• Innovative mindset and adaptability to change.

Alongside a competitive salary and bonus, PIC offers benefits such as private medical insurance, 28 days' annual leave, a pension scheme, and more.